Optimism is abound the dry bulk market’s prospective recovery, hot on the heels of the rally in freight rates, which has been going on with brief interruptions since the past July. In its latest weekly report, shipbroker Allied Shipbroking noted that “despite the side step noted this past week as part of the Moon Festivities ...
Capesize Index– a lower low and lower high would suggest the technical is weakening. Market shorts should be cautious on a close above USD 20,427. Nov – the previous wave made a higher high and ... Read more
darksilenceinsuburbia : “I am still a victim of chess. It has all the beauty of art — and much more. It cannot be commercialized. Chess is much purer than art in its social position.” - Marcel Duchamp Read more
The U.S. Navy's Seventh Fleet has dismissed the commanding officer and executive officer of the damaged destroyer USS John S. McCain. Both men were relieved due to a loss of confidence in their abilit ... Read more
President and CEO of ABS, reinstated the World Maritime University’s Kinney Lecture Series today by outlining how the marine and offshore industries are evolving rapidly into new operating models. Read more