January 4, 2023
Ukraine's efforts to increase exports under the Black Sea grain deal with Russia are currently focused on securing faster inspections of ships rather than including more ports in the initiative, a senior Ukrainian official said on Wednesday.Ukraine is a major global grain producer and exporter…
January 4, 2023
The Baltic Exchange's dry bulk sea freight index extended its decline to hit an over one-month low on Wednesday, weighed by weaker demand across vessel segments. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels carrying dry bulk commodities…
January 4, 2023
The International Chamber of Shipping (ICS) welcomed the China Shipowners’ Association (CSA) as a Full Member from January 1, 2023. The CSA will join the ICS Board, which oversees the policy positions ICS presents on behalf of shipowners’ worldwide with the shipping industry’s global regulators…
January 4, 2023
President Vladimir Putin sent a frigate to the Atlantic Ocean armed with new generation hypersonic cruise missiles on Wednesday, a signal to the West that Russia will not back down over the war in Ukraine.Russia, China, and the United States are in a race to develop hypersonic weapons…
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