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…
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…
Special agents with the U.S. Coast Guard Investigative Service (CGIS), supported by multiple Coast Guard surface and aviation assets, seized the sailing vessel Soulmate approximately 40 nautical miles off the coast of Melbourne, Florida, as… Read Full Article on MarineLink…
Oil prices gained more than 3% on Friday, climbing more than $3 a barrel, after comments by U.S. President Donald Trump and Iran’s foreign minister further dented hopes of a deal to end ship attacks and seizures around the Strait…
Federal Reserve Bank of Cleveland President Beth Hammack stated Thursday that evidence supports the effectiveness of an independent central bank in policymaking. “Independence is important in...
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,...
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 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...