Navigator shifts ships to spot market to grab strong rates after record second quarter
Spot rates soften in third quarter but executives optimistic that strong trends will continue
Singapore shipowner Jaldhi Overseas pivots to add $240m VLAC duo in China
Suresh Kumar-led company opts to go big with very large ammonia carriers
HMM adds in $60m container ship purchases to second hand buying spree
The Seoul-based company bought two vessels from RCL and one from MPC Container ships
Bengal Tiger Line golf masters to live on despite departure of CEO Bill Smart
Hectic containership markets fail to keep industry players away from top industry get together
Two Floating Armories Report Run-Ins With Houthis, Including an Attack
Private maritime security guards play an important role in defending merchant ships from Houthi rebel attacks in the Red Sea,…
Ørsted Pulls Plug on Shipping E-Methanol Fuel Project Citing Slower Demand
Renewable energy giant Ørsted further highlighted the problems in the nascent sustainable fuel market for the shipping industry highlighting that…
Maersk Joins with LR and CORE to Study Nuclear-Powered Container Shipping
Maersk is joining in with a collaboration between Lloyd’s Register and CORE Power that could provide the long-term pathway for…
Royal Navy’s Auxiliary Officers and Ratings Trade Ships for Picket Lines
The ongoing pay dispute between two of the UK’s leading unions and the Royal Fleet Auxiliary continues to escalate with…
U.S. Coast Guard Rescues Missing Dive Instructor off North Carolina
On Tuesday, the U.S. Coast Guard and a good Samaritan boater rescued a missing diver at a position about 20…
US Follows Israel with Sanctions Against Tankers Iran Used to Fund Proxies
Seeking to find a new means of cutting off the aid provided to Iran’s proxies in the Middle East including…