Like every sector of cargo and passenger shipping, “digitalization”—where computerized processes are replacing onboard routines previously handled manually— is an ongoing trend coastwise, on the waterways and harbors. Regulatory compliance, especially with Subchapter M for towing vessels
A Valaris drillship hit the Akti bulk carrier ship on Saturday, after breaking free its moorings near the VT Halter Shipyards and Chevron docks in Pascagoula, Mississippi. At around 1:30 a.m. Saturday, Coast Guard Sector Mobile watchstanders received a report from the National Response Center of a collision between two vessels.
Classification society and assurance provider DNV has awarded Odfjell Oceanwind an Approval in Principle (AiP) for its new Deepsea Semi floating wind foundation design. The Deepsea Semi floating wind foundation design has been developed for use in floating wind farms and for off-grid applications including temporary electrification of oil and gas installations in harsh environments.
The first diesel-electric bulk carrier built to operate on the Great Lakes has set sail on its six-week maiden voyage from Chengxi Shipyard in Jiangyin, China to Halifax, Canada.Canada Steamship Lines' new 26,000 dwt self-unloader Nukumi is scheduled to enter service at the start of the 2022 navigation season.
U.S. shipyard Fincantieri Bay Shipbuilding announced a change of leadership. Todd Thayse, who began working at Fincantieri Bay Shipbuilding more than 37 years ago and he has spent the last 10 years as the vice president and general manager, has decided to retire.“The timing of one’s retirement is not an easy decision,” Thayse said.
The Baltic Exchange's main dry bulk sea freight index extended its rally on Wednesday as robust demand and port congestion propelled the capesize index above 10,000 points for the first time in more than 13 years.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 238 points, or 4.4%, to 5,647, its highest since September 2008.
The Baltic Exchange's main dry bulk sea freight index extended its rally on Tuesday, rising about 5% to its highest in 13 years, steered by strong gains in capesize rates, and helped by demand for smaller vessels.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, jumped 245 points, or 5.2%, to 4,962, its highest since September 2008.
The Baltic Exchange's main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rates across vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose 150 points, or 3.4%, to 4,560, its highest since November 2009.
The Baltic Exchange's main sea freight index on Monday rose to a more than 11-year peak on rising demand for all vessel sizes, with capesize rates extending their winning run to an 11th straight session.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 55 points, or about 1.3%, to its highest since mid-2010 at 4,147.
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rallied to its highest in more than 11 years on Friday, fuelled by strong demand across vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, jumped to 3,566, up about 2% or 63 points, at its highest level since mid 2010.
Baltic Exchange's main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak bolstered by firmer rates across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 69 points, or 2.1%, at 3,324, its highest level since June 2010The capesize index edged up 34 points, or 0.9%, to 4,021.
The Baltic Exchange's main sea freight index soared to its highest in 11 years on Thursday as rates across all vessel segments were lifted by strong demand for dry bulk commodities.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, added 91 points, or 2.9%, to 3,267, its highest level since June 2010.