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Baltic Index Falls For Ninth Straight Session On Capesize Losses

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for an ninth straight session on Thursday, dragged down by a weak capesize segment. The main index, which tracks rates for capesize, panamax and...
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Georgia Ports welcomes Seaboard Marine’s weekly service to Latin America and Caribbean

Seaboard Marine has announced the return of direct, weekly service to and from Savannah, Georgia, to strengthen supply chains across the U.S. Southeast, Latin America, and the Caribbean. Piero Buitano, Senior Vice President, said, “With the return of Savannah calls,...
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Tailwind Shipping Lines uses direct data connection to CargoWise to simplify booking and managing ocean shipments

Tailwind Shipping Lines uses direct data connection to CargoWise to simplify booking and managing ocean shipments
WiseTech Global (ASX:WTC) and Tailwind Shipping Lines, a subsidiary of Lidl, one of Europe’s largest retailers, announce direct data integration to enable freight forwarders to plan, book, confirm and manage shipments in real-time from within CargoWise, the industry’s...
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Genco Shipping & Trading Rejects Non-Binding Indicative Proposal from Diana Shipping Inc.

Genco Shipping & Trading Rejects Non-Binding Indicative Proposal from Diana Shipping Inc.
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today confirmed that its Board of Directors, with the recommendation of a committee of independent directors, unanimously...
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HFW introduces Global Regulatory Response service amidst business pressures of sudden and far-reaching sanctions

HFW introduces Global Regulatory Response service amidst business pressures of sudden and far-reaching sanctions
Global law firm HFW launches its Global Regulatory Response service for firms in need of urgent advice on responding to the immediate introduction of global sanctions amidst geopolitical conflicts. Recent geopolitical tensions have driven governments and the EU to...
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Drones hit two Greek crude tankers at Novorossiisk: Kazakh energy ministry

Drones hit two Greek crude tankers at Novorossiisk: Kazakh energy ministry
Drones have hit two crude tankers near the Russian Black Sea port of Novorossiisk, the Kazakh energy ministry said Jan. 13, a day after Russian attacks on Ukrainian commercial shipping. The Malta-flagged Matilda and the Liberia-flagged Delta Harmony were attacked near...
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