Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rise by 283 points in the week ending Monday to 6,112.
"Led by strong rate increases on backhaul trades, the SSY Pacific Capesize Index climbed 283 points week-on-week to the highest level since August at 6,112 points. The Pacific round-voyage rate retreated to $19,300/day, down $850/day, while the W.Australia-China iron ore spot rate edged lower to $8.60/t.".
The U.S. Navy's deployment of new extremely long-range air-to-air missiles in the Indo-Pacific could erase China's advantage in aerial reach…
Shipments of limestone on the Great Lakes totaled 3.6 million tons in July, a decrease of 14.3% compared to a year ago, according…
A fire broke out on board a Madeira-registered containership moored at the Port of Colombo in Sri Lanka.The MSC Capetown…
A few weeks ago, a U.S. Coast Guard cutter spotted several Chinese military ships within the U.S. exclusive economic zone…
Cutting-edge performance & emissions monitoring solution by Chris-Marine to be showcased in Hamburg.
Say goodbye to scribbled handwriting, disjointed data sources and a huge administrative burden, and hello to simple mobile solutions. NAVTOR continues its drive to “make life easy” for vessel crews
Learn how digital twins enhance operational efficiency and competitiveness in maritime ports.
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