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Baltic Index At Six-Month Low As Capesize Segment Drags Rates Lower

Baltic Index At Six-Month Low As Capesize Segment Drags Rates Lower
The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for an eighth straight session on Wednesday and touched a six-month-low, hurt by weakness in the capesize segment. The main index, which tracks rates...
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Cargo vessel suspected of damaging undersea cable allowed to leave Finland

Cargo vessel suspected of damaging undersea cable allowed to leave Finland
The vessel, flagged from St Vincent and the Grenadines, is believed to have dragged its anchor along the seabed for several kilometres, according to Finnish authorities. Authorities in Finland released a vessel on Monday that had been seized on suspicion of damaging...
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Scorpio Tankers Inc. Announces Update on its Liquidity, Outstanding Debt, and Vessel Purchase Commitments

Scorpio Tankers Inc. Announces Update on its Liquidity, Outstanding Debt, and Vessel Purchase Commitments
Scorpio Tankers Inc. announced today an update on its liquidity, outstanding debt, and its forward newbuilding vessel commitments. Update on Current Liquidity and Debt The table below summarizes the Company’s outstanding indebtedness and liquidity as of the dates...
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Iran releases Greek-managed tanker seized in January ‍2024, company source says

Iran releases Greek-managed tanker seized in January ‍2024, company source says
Iran has released the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a company source told Reuters on Tuesday. The vessel was released on January 8, and has been anchored at Shinas port in Oman since January...
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Tamrose deploys MariTrace Mercury fleet-wide to enhance maritime safety and transparency

Tamrose deploys MariTrace Mercury fleet-wide to enhance maritime safety and transparency
MariTrace, a global leader in maritime intelligence and ship-tracking technology, announces its latest strategic partnership with Tamrose, a Nigerian-owned marine logistics and offshore support operator, to protect its entire fleet with advanced vessel tracking....
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Spinnaker’s 30 under 30: Celebrating the next generation of maritime talent

Spinnaker’s 30 under 30: Celebrating the next generation of maritime talent
In 2025 maritime people experts Spinnaker ran a campaign to find 30 individuals aged under 30 to shine a spotlight on. This 30 Under 30 initiative was created to celebrate and spotlight the talent, enthusiasm and initiatives that young professionals are already...
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