Sanctioned tanker cluster around Russian port to balloon as cargo runs dry
More than 50 tankers have been blacklisted by the US, UK and EU since October 2023
Three vessel sales feed chunky dividend payment from NRP Premium Maritime Fund
Fund has returned 195% of invested capital back to investors
Evangelos Marinakis breaks into newcastlemax market at attractive price with Berge Bulk swoop
Greek shipowner adds to modern dry bulk fleet in deal with James Marshall’s Berge Bulk
Pilot and crew criticised after BW Dry Cargo bulker grounding in Australia
Panamax World Diana suffered minor hull damage after taking turn too early
Sam Norton to continue at OSG helm after Saltchuk takeover, executive confirms
Seattle-based maritime conglomerate keeps tanker experience at the top in diversifying M&A deal
Oldendorff Carriers hit by exit of three top cargo desk staff
Desk has been responsible for lining up big-name cargo clients for the bulker operator
Korea Gets its First Domestically-Built Onboard Carbon Capture System
A consortium of Korean maritime technology companies have finished installing a proprietary onboard carbon capture system on a sub-Panamax boxship,…
Russian Navy Vessel Spotted at New "Base" in Abkhazia
The Russian-backed government of Abkhazia, Georgia appears to have just hosted its first Russian Navy vessel, according to satellite imagery…
Welder at NASSCO Yard Gets Prison for Stealing Destroyers’ Computer Gear
A welder who worked at the General Dynamics NASSCO yard has been sentenced to prison for stealing computer equipment worth…
Wärtsilä Propulsion Package Supports Decarbonisation & Efficiency Goals
Technology group Wärtsilä will supply a fully integrated, mechanical drive, propulsion package for new 6000 dwt LNG-fuelled tankers being built…