The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday for the first time in five sessions as rates for capesize and panamax vessels fell.The overall index, which factors in rates for capesize…
Great lakes limestone shipments totaled just 1,254,226 net tons in April, a decrease of 23 percent compared to a year ago as the coldest April in more than two decades put a chill on the trade. According to the Lake Carriers’ Association (LCA)…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday to its highest in over 4-1/2 months, boosted by rising rates for capesize vessels.The overall index, which factors in rates for capesize…
Alfa Laval said it has signed fleet agreements with Polsteam and Nova Ship Tech SA for the supply of PureBallast 3, the third generation of Alfa Laval’s ballast water treatment technology.Under the agreements, Alfa Laval will provide dozens…
Greece-based owner of containerships and bulk carriers Euroseas has spun off its drybulk fleet into a separate company. The Company announced that it filed a registration statement on Form F-1 with the Securities and Exchange Commission…
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5.5 million tons in April, a decrease of 6.3 percent compared to a year ago but nearly 15 percent ahead of the month’s five-year average, the Lake Carriers’ Association (LCA) reported…
China's top economic official will visit Washington next week to continue trade talks with Trump administration officials, the White House said on Monday, after two days of talks in Beijing last week failed to produce a breakthrough.'We are…
Euroseas, an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced that a subsidiary of the Company has entered into a time charter contract for its newbuilding vessel…
Brazil's soybean exports hit record volumes last month, grain exporter association Anec said on Thursday, citing a weak domestic currency and trade tensions between the United States and China for bolstering business for local farmers.Brazil's April soybean exports reached 11…
Turkmenistan on Wednesday opened a new $1.5 billion cargo and passenger seaport on the Caspian Sea aiming to boost its export revenues by handling shipping traffic between Asia and Europe.The Central Asian country's main source of hard currency is its gas exports…
Ohio-based shipping firm the Interlake Steamship Company announced it will time charter a 418-foot, 14,400-short-ton capacity dry cargo barge from the U.S. East Coast to operate on the Great Lakes starting this spring.The single-hold covered hopper barge Montville…
Prime Minister Justin Trudeau on Monday said any move by the United States to impose tariffs on Canadian steel and aluminum would be a 'very bad idea' guaranteed to disrupt trade between the two nations.Trudeau told reporters in Vancouver he…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Monday for a third straight session as rates for capesizes continued to decline.* The overall index, which factors in rates for capesize…
Turkey will open an investigation into whether iron and non-alloy steel imports harm local producers, the government said on Friday.Producers from the European Union, which Turkey aims to join, will be exempted from the investigation, the government said…
Kobe Steel Ltd said on Wednesday that it is under investigation by Japanese authorities over its data tampering, widening a scandal that undermined faith in Japan's industrial sector last year.In a statement, Kobe Steel said that 'investigating authorities' were conducting an inquiry…
