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.".
Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting…
RightShip, an ESG-focused digital maritime platform, has released a revised timeline for implementing its vessel inspection age trigger…
Marine geosciences and offshore construction support services firm Next Geosolutions has acquired a multi-purpose survey…
Schmidt Sciences has named 25 scholars working at the forefront of AI as AI2050 fellows and will award them up to $12 million…
Hapag-Lloyd reduces emissions & costs through Shipshave’s ITCH solution, confirmed by DNV
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
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