The Baltic Exchange's main sea freight index edged higher on Tuesday, helped by gains in supramax and panamax vessel rates, and marked its best month on record.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, rose 5 points, or 0.3%, to 1,799.
The U.S. Navy accepted delivery of the future USS Oakland (LCS 24) Friday during a ceremony at Austal USA in Mobile, Ala. The delivery marks the final milestone prior to the ship's scheduled commissioning in early 2021.Oakland is the 22nd littoral combat ship (LCS) and the 12th of the Independence variant to join the U.S. Navy fleet.
Centuries-old maritime craftwork and advanced technology help carbon-free seaborne trade.It was a chance meeting that changed two lives. It may also change the way the world thinks about maritime shipping.An accomplished sailor, Danielle Doggett loves tall ships—the large wind-powered sailing vessels that carry passengers and cargo.
The Baltic Exchange's main sea freight index touched its highest level in more than seven months on Tuesday, as rates across all vessel segments rose on increasing trading activity.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, rose 59 points, or 3.8%, to 1,617, its highest since November 5.
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry commodities around the world, posted its biggest weekly gain ever, underpinned by a rebound in global commodities trading as iron ore demand from China picked up.The 35-year old index, which reflects rates for capesize, panamax and supramax ships
The Baltic Exchange's main sea freight index marked its largest single-day percentage rise on Thursday, as capesize vessel segment rates jumped 50% on strong iron ore demand.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, rose 281 points, or about 22.6%, to 1,527, its highest since Dec. 10.
The Baltic Exchange's main sea freight index recorded its biggest ever daily percentage jump on Wednesday, propelled by surging capesize rates due to a spike in iron-ore shipments.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, rose 192 points, or about 18.2%, to 1,246, its highest since Dec. 17.
The Independence-class littoral combat ship - the future USS Oakland (LCS 24) - has completed acceptance trials in the Gulf of Mexico, shipbuilder Austal has informed.The LCS 24 is the 12th Independence-class Littoral Combat Ship (LCS) built by Austal USA in Mobile, Alabama for the United States Navy (USN).
Callan Marine's new Jones Act cutterhead suction dredge (CSD) General MacArthur and its accompanying idler barge have entered service in Texas, heading to work on several projects before transiting to Corpus Christi for the second phase of the deepening and widening project.The newest and largest dredger in Callen Marine's fleet
Assessing the health of coral reefs in the Kingdom of TongaHealthy coral reefs provide critical ecosystem services for millions of people globally, but with climate change and anthropogenic stressors, the landscape of these habitats is regularly shifting. The science and conservation community has realized the importance of baseline studies to help track how these precious reef ecosystems are
The end of the 2019 saw some unprecedented funding measure pass through Congress and signed into law by President Trump. The Gulf and East Coast have continued to receive significant funding to help deepen and widen navigational channels and gateways. One of the projects passed into law included the Gulf Coast Regional Demonstration Project.
The U.S. Navy commissioned its newest Expeditionary Sea Base, USS Hershel “Woody” Williams (ESB 4), during a ceremony Saturday, March 7, in Norfolk, Va.USS Hershel “Woody” Williams is optimized to support a variety of maritime-based missions and designed around four core capabilities: aviation facilities, berthing, equipment staging support, and command and control assets.