Shipping lender NRP strikes $6.9m financing deal with US owner to fund cruise ship purchase
Premium Maritime Credit Fund signed bilateral senior secured facility
Swedish Club reports thirtyfold increase in paperwork to meet Russia oil cap demands
Protection and indemnity provider reports impact of changes
Replica Ship Models – Nautical Art or Marketing Tool? Perhaps Both.
Boat builders and owners have been using replica models for centuries. The earliest known models are of Bronze Age ships,…
Union Deal Will Send Construction-Industry Welders to U.S. Navy Shipyards
The U.S. naval industrial base is operating short-handed, and a shortage of skilled workers is slowing down construction on critical…
U.S. Sanctions Four Shipowners and Hundreds of Suppliers for Russian Ties
The U.S. Treasury is cracking down on the supply network for the Russian invasion of Ukraine with a broad package…
Mystery Spill Returns to San Juan Harbor
The U.S. Coast Guard is working to clean up a mystery spill at the port of San Juan, Puerto Rico.…
DARPA Unveils Manta Ray, Uncrewed Extended Duration Undersea Vessel
Borrowing a page from 1960s science fiction programming, officials at DARPA (the U.S. Defense Advanced Research Projects Agency) released the…
Op-Ed: It’s Time to Add Respect as a Core Navy and Marine Corps Value
Three years is a long time to ruminate on a decision. But that is how long it has been since…
Australia “Not Concerned” by Possible Hanwha Acquisition of Austal
The Australian government is not concerned about a possible acquisition of shipbuilder Austal by South Korea’s Hanwha Group and is…
Containerships Absorb Red Sea Diversions as Schedule Reliability Improves
Four months into the Red Sea diversions, liner shipping seems to have absorbed the disruptions with the major container carriers…