Intermarine chairman Andre Grikitis cited lack of operational experience last month as one of reasons many shipowners encountered troubles after taking advantage of the KG financing scheme to build vast fleets....

The Maersk Texas, a 19,500 dwt Maersk-Rickmers U.S. flag heavy-lift project carrier recently lifted and moved a pair of support craft for the U.S. Navy, the largest of which weighed in...