Baltic Index hits six-week peak on stronger capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, extended its climb to a six-week high on Tuesday, as rates across capesize and supramax vessel segments strengthened. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 37 points to …

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China’s shifting grain game is creating ripples across the global market

China’s evolving grain import strategy reflects its increasing focus on domestic production to enhance food security and support local farmers. This shift is reshaping the global grain trade, particularly the tonne-mile demand for Panamax vessels, by reducing their rates on specific trade routes. China’s changing grain import dynamics China’s grain imports have been on a …

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The future of maritime training: Building a digital bridge to excellence

When we first envisioned the ICS Academy, we saw an opportunity to transform maritime education by creating something truly different: a platform that would harness the collective experience of more than 80% of the world’s shipping fleet and deliver it directly into the hands of seafarers. Developed by seafarers for seafarers, our Academy provides on-the-go …

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SHIPPING: US could charge Chinese-owned ships up to $1.5 million per port call

The office of the US Trade Representative (USTR) is accepting public comment on proposed actions against Chinese-owned ships after a Section 301 investigation determined China’s acts, policies and practices to be unreasonable and to burden or restrict US commerce. The USTR proposal was published on Friday in the Federal Register and includes proposed service fees …

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Fundación Cámara Marítima de Ecuador (CAMAE) e IMBS. International Maritime Business School renuevan su convenio Internacional de capacitación

Formación profesional y especializada en los sectores Marítimo, Portuario y Logístico Ambas instituciones trabajan desde hace un año en conjunto para potenciar captación online y presencial de carácter internacional en los sectores marítimo, portuario y logístico. CAMAE e IMBS continúa estrechando lazos en su busca permanente de ofrecer la mejor capacitación internacional en los sectores …

Fundación Cámara Marítima de Ecuador (CAMAE) e IMBS. International Maritime Business School renuevan su convenio Internacional de capacitación Read More »

Another oil & gas discovery for Galp in Namibia’s Orange Basin

Portuguese oil and gas company Galp has found light oil and gas condensate in the fifth well within its second exploration and appraisal program in the Orange Basin offshore Namibia. The post Another oil & gas discovery for Galp in Namibia’s Orange Basin appeared first on Offshore Energy.

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