George Economou cashes in on sanctions-fuelled VLCC market rally
Tanker fixture will earn private outfit more than $80,000 per day
First Damen Cutter Suction Dredger Under Construction in Azerbaijan
Baku Shipyard is currently working on the construction of a Damen Cutter Suction Dredger (CSD) 650. The design of the…
Sallaum Lines Adds Wärtsilä Solutions to its Decarbonization Programme
Technology group Wärtsilä will supply its EnergoFlow solution and Fixed Pitch Propellers (FPP) for three Pure Car/Truck Carrier (PCTC) vessels…
NRP’s credit fund provides $10.5m financing for handysize bulker pair
The fund financed a chemical tanker purchase in December
How Chinese refiners rejecting direct Russian oil imports will reshare tanker trade
Rise in discharges from floating storage expected as US sanctions move the dial