Great Lakes Iron Ore Trade Up Slightly in June
Shipments of iron ore on the Great Lakes totaled 6.1 million tons in June, an increase of roughly one load in a 1,000-foot-long U.S.-flag freighter, the Lake Carriers’ Association reported. Shipments were 8.7 percent ahead of the month’s five-year average.Iron ore shipments from U.S. ports through the Soo Locks totaled 5.6 million tons in June, an increase of 4.1 percent. Of that total, 5.2 million tons, or 94 percent, transited the Poe Lock. On June 29, the U.S.
Strong Capesize Demand Drives Baltic Index Higher
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the fifth straight session on Tuesday, propelled by strong demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 26 points, or 1.5 percent, to 1,721 points.The capesize index was up 97 points, or 3 percent, at 3,335 points.Average daily earnings for capesizes, which typically transport 170,000-180,000 tonne ca
Heavy Lifters for Offshore Renewable Market
Offshore Heavy Transport (OHT) will enter the offshore renewables and installation market with a new heavy lift transport and installation vessel, a customized Ulstein Alfa Lift design developed by Ulstein Design & Solutions BV (UDSBV) and OHT.There is one firm order with three options to build the ship at China Merchant Heavy Industry (CMHI), ready for action in 2021.The dynamically-positioned, 48…
Bee Paradise in the Rotterdam Port Area
The Port of Rotterdam Authority has had a swarm of bees placed on the Maasvlakte in the verge next to the Stenen Baakplein. In this section of the Honey Highway…
- 1
- 2
