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Maritime News
U.S. Navy Awards its Highest Civilian Honor to Tom Cruise
The U.S. Navy has awarded its highest civilian honor to actor Tom Cruise, whose reboot of the "Top Gun"…
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Maritime News
Late Arriving Containership Delays Reach Highest Levels Since Pandemic
The average delay for containerships behind schedule has continued to increase in 2024 rising to the highest levels except…
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Maritime News
Boxship Orders Surpass Last Year to Reach Third Highest in Past 20 Years
The appetite for new containerships remains high reports BIMCO in its latest market analysis. The trade group highlights that…
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Maritime News
Newbuilding Prices Reach Highest Level in 16 Years Driven by Strong Orders
After years of downturn and a soft decade through most of the 2010s, the industry trade group BIMCO reports…
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Maritime News
Red Sea Diversions Surge Container Shipping Emissions Reports Xeneta
Carbon emissions from the container shipping industry are reaching record levels as ocean going vessels sail longer distances to…
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Marine World
Oil Supertankers Headed For China Jump To The Highest In A Year
By Bill Lehane (Bloomberg) –Supertankers hauling crude oil to China surged to the highest in almost a year. Some 124 of…
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Marine World
Russia’s Crude Shipments Rebound to the Highest Level This Year
By Julian Lee (Bloomberg) — Russia’s seaborne crude exports surged to the highest level for the year so far, with shipments from…
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Maritime News
Rescue Swimmer Awarded Aviation’s Highest Honor for Daring SAR Response
The U.S. Coast has awarded the military's highest aviation honor to a rescue swimmer who helped save six people…
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Maritime News
Baltic Dry Index Rises to Highest Peak Since 2010
The Baltic Exchange’s main sea freight index on Monday rose to a more than 11-year peak on rising demand for…
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Maritime News
Capesize Rates Hit Highest Since Mid-May
The Baltic Exchange’s main sea freight index rose on Thursday on stronger vessel rates, with capesizes at a near three-month…
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