ESAB Awards $5,000 Welding Grant to Two Texas High Schools

ESAB Awards $5,000 Welding Grant to Two Texas High Schools

As part of celebrating National Welding Month in April, ESAB awarded $5,000 to support the welding programs at Princeton High School and Lovelady High School, part of the Princeton Independent School District, through its ESAB Future Fabricators Charlie Monschke Welding…

Greek-Operated Tanker Crosses Strait of Hormuz

Greek-Operated Tanker Crosses Strait of Hormuz

A Greek-operated tanker sailed from the Gulf to India on Friday after crossing the Strait of Hormuz in one of the few crude sailings through the waterway this week, ship tracking data showed on Friday.The U.S.-Israeli war on Iran has…

Baltic Dry Index Retreats

Baltic Dry Index Retreats

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, fell about 1.4% to 3,151 points on Friday, after rising by 0.2% in the prior day,...

Shipping Market Outlook: Q2 2026

Shipping Market Outlook: Q2 2026

The global shipping market is navigating Q2 2026 under the ongoing weight of an unprecedented geopolitical shock. The de facto closure of the Strait of Hormuz, now entering its third month, has...

Tanker Market: Rates Remained Elevated in April

Tanker Market: Rates Remained Elevated in April

Tanker rates remained elevated during the month of April, but mostly lower from their earlier record highs, OPEC, said in its latest monthly report. In April, trade disruptions continued to impact...