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BDI Reaches New High in 2016

The Baltic Dry Index (BDI) jumped by 26 points and reached 1,257 points on November 18, marking its highest level so far in 2016 amid a strong recovery in the dry...

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USCG: Bulker Refloated in Beaufort Inlet

The 2014-built cargo ship Pola Palekh has been refloated after it ran aground in Beaufort Inlet Channel, North Carolina, on November 18, 2016, the US Coast Guard (USCG) informed.  Tugboats...

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Navios Acquisition Disposes of Chemical Tanker

Greek tanker owner Navios Maritime Acquisition Corporation (Navios Acquisition) has informed that it closed the sale of the Nave Constellation, a 2013-built chemical tanker.  The 50,000 cbm vessel was sold...

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