News Flash | Sea and Job

Baltic Index Climbs To One-Week High On Higher Rates Across All Vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a one-week high on Monday, driven by higher rates across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax...

Globalisation slowdown heralds “brave new world” for marine insurers, warns IUMI President

Geopolitical conflicts and shifting trade patterns are redefining risks and opportunities for the marine insurance sector. Opening this year’s International Union of Marine Insurance (IUMI) conference in Singapore, IUMI President Frédéric Denèfle warned that marine...

China August iron ore imports stay high as mills prepare for peak season

China’s iron ore imports in August climbed 0.6% from July, as lower prices encouraged sustained buying and as mills prepared for the peak steel demand period in September. The world’s largest iron ore consumer brought in 105.23 million metric tons of the steelmaking...

Venezuela’s oil exports rise to 9-month high as cargoes return to US

Venezuela’s oil exports surpassed 900,000 barrels per day in August, the highest level since November, after energy producer Chevron received a license that has allowed the OPEC country’s crude to return to the U.S. market after a four-month pause, shipping data...

Kongsberg Maritime advances offshore installation methods with simplified mooring systems

Kongsberg Maritime is pleased to announce the next phase in its commitment to advancing mooring of offshore floating structures through the development of simplified mooring solutions. Building on its patent-pending integrated tensioning and remote pull-in...

RightShip Welcomes Permira as Minority Shareholder to Accelerate Technology and AI-Led Growth

RightShip (the “Company”), a leading maritime digital platform for safety, sustainability, and supply chain due diligence, today announced a new minority investor to accelerate the Company’s technology-led growth and mission of zero harm. Funds advised by Permira, the...

Baltic Index Climbs To One-Week High On Higher Rates Across All Vessels

Globalisation slowdown heralds “brave new world” for marine insurers, warns IUMI President

China August iron ore imports stay high as mills prepare for peak season

Venezuela’s oil exports rise to 9-month high as cargoes return to US

Kongsberg Maritime advances offshore installation methods with simplified mooring systems

RightShip Welcomes Permira as Minority Shareholder to Accelerate Technology and AI-Led Growth

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