Key window into Jones Act tanker market closes with $950m OSG takeover
Shipbrokers who thrive on information arbitration may not complain as US-flagged ships sail off the public record
Ukrainian sugar union calls for halt to EU exports this year after filling quota
Ukraine has already exported as much sugar to the European Union this year as it is allowed to under EU…
UK services inflation to make or break a June Bank of England rate cut
Headline inflation is virtually back to target It’s no exaggeration to say that this week’s UK inflation data will make…
Greek March current account deficit widens
Greece’s current account deficit widened in March compared to the same month in 2023, the Bank of Greece said on…
U.S. Navy Stands Up New Unit to Run Small Drone Boats by the Hundreds
The U.S. Navy has set up another unmanned vessel squadron in California, and it will operate a large fleet of…
A Retired Staten Island Ferry is Up For Auction For $155,000
One of the most iconic vessels in the world is up for auction this month, and the price is surprisingly…
USS Zumwalt is Losing its Iconic Cannon
The U.S. Navy’s futuristic Zumwalt-class destroyers were built to carry twin high-velocity cannons for shore bombardment, like a modernized, stealthier…
Some Bad News for Rivian Investors
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Wallenius Lines, Greencarrier to commence new Baltic Sea Ro-Ro service
Swedish transport operator Wallenius Lines and international logistics specialist Greencarrier will establish a new maritime connection that will carry freight…