15 May 2018
Dry Bulk Vessel Rates Sag Across Segments
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, declined on Tuesday, hurt by lower rates across all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 8 points, or 0.5 percent, at 1,468 points.The capesize index lost 33 points, or 1.3 percent, to end at 2,602 points.Average daily earnings for capesizes, which typically transport 170,000-180,000 tonne cargoes such as iron ore
15 May 2018
U.S. Coast Guard Responds to Collision
The Coast Guard Sector New York is responding to a report of a collision at sea May 12, 2018, involving the loaded tankship Tofteviken and the commercial fishing vessel Polaris.
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