Shipping Industry Welcomes Iran Deal But Warns Strait of Hormuz Reopening Will Take Time
The global shipping industry welcomed news of a U.S.-Iran agreement aimed at ending months of conflict in and around the Strait of Hormuz, but maritime
The global shipping industry welcomed news of a U.S.-Iran agreement aimed at ending months of conflict in and around the Strait of Hormuz, but maritime
New York-based Baltic Trading Limited (NYSE:BALT) is a publicly traded dry cargo company which operates a fleet of 9 dry cargo vessels, consisting of 3
Japanese companies sent a huge contingent to LNG 17 the other week, which makes sense considering they are, and will likely remain the world’s biggest
When Coast Guard boat crews go out to train, they like to make things as real as possible. That means that when rough weather rolls in, it’s time to
For anyone who witnessed last week’s ridiculous public back-and-forth between the US Merchant Marine Academy Alumni Association and the
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Maersk Line announced today they have hired Stephen Richard Schueler to replace Lucas Vos as Chief Commercial Officer, effective 27 May. Stephen is American,
In a stock exchange announcement over the weekend, China Shipping Container Lines has expressed their intentions to build five, 18,000 TEU containerships. The
(Bloomberg) Costs to haul iron ore and coal on Capesize ships, the largest carriers of the commodities, rose for a third session to a one-month high after more
(Bloomberg) Two Syrian sailors were killed and another eight are missing after a cargo ship carrying fertilizer collided with a container vessel early today
Petrobras has awarded a 3 years firm contract to PSV Far Supporter (1996, UT 750, 4,680 DWT). The contract is in direct continuation of the existing contract.
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Hong Kong-based Kuma Shipping announced today the order two new platform supply vessels from Ulstein. The vessels will be built at an undisclosed shipyard
ABUJA, April 29 (Reuters) – Pirates have kidnapped five crew members from a cargo ship off Nigeria, the vessel’s management company said on Monday,
In a stock exchange filing today, 6 Hong Kong-based investment holding companies jointly owned by Sinopec Kantons, China Shipping Development, and Mitsui
And in other news on this Friday evening, a giant head was found floating in the Hudson
Cargotec has been struggling to improve profitability for the past few years as global economic uncertainty and a glut of vessels have made shipping companies
Salvage operations continued Thursday near the Marseille’s Dam with the removal three more barges and two gates being brought back online.
DNB, one the world's largest lenders to the shipping industry has struggled with souring loans in the shipping
Tsakos Energy Navigation Limited (NYSE: TNP) took delivery today of its second fully-coated DP2 suezmax shuttle product tanker, Brasil 2014, from Sungdong
(Bloomberg) — Escalating costs to build liquefied natural gas plants on land in Australia, where energy workers earn the highest salaries in the world,
In the business of liquefied natural gas (LNG), there are few people on this planet who are moving bigger pieces of the puzzle around than LNG-entrepreneur
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Maritime police in Somalia's semi-autonomous region of Puntland seized five Iranian ships and detained 78
"I would characterize it as more opportunities for new build equipment because of increased volumes and an aging fleet than through acquisitions," said Kirby's
Bruised investors could learn a thing or
(Bloomberg) — Rates for dry bulk carriers hauling grains and minerals fell the most in a single session this year as demand for cargoes slowed. Day rates
The 23,416 dwt container ship “HANSA MARBURG†was attacked by criminal gangs about 130 nautical miles southwest of the Port of
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