Christen Sveaas takes over as chairman at Siem Offshore after fleet split
After ousting Kristian Siem from his eponymous, Sveaas takes control of the board
MPC Capital lifts bottom line 58% on back of Zeaborn deal
Company completes acquisition of German ship manager and eyes green shipping opportunities
Baltic index hit its highest in more than 6-weeks
The Baltic Exchange’s dry bulk sea freight index extended its rally on Tuesday to hit its highest in more than…
Iron ore prices hold steady on property stimulus hopes
Iron ore futures prices were largely unchanged on Tuesday, following a strong increase the previous day, as investors reacted to…
ITF Alleges Welfare, Pay, and Maintenance Issues on Detained Bulker
The International Transport Workers Federation (ITF) reports that it is working with the authorities in Australia to resolve a case…
FSV Blends Designs for Senegal’s Emerging Offshore Energy Sector
Incat Crowther and Penguin International are working together to design and construct a new fast supply vessel (FSV) that represents…
Full Compliance for Ballast Water: InTank is a Robust Solution
The world of ballast water management is about to enter a new phase. The days of proactive owners installing BWMS…
Video: Ukraine Is Adding Anti-Aircraft Missiles to its Suicide Drones
Ukraine’s intelligence service has claimed a hit on yet another Russian Navy vessel using its Magura V5 suicide drone. The…
Two Engineers Face Up to Six Years in Jail After MARPOL Guilty Pleas
A chief engineer and a second engineer both working aboard a Greek-owned and registered product tanker pleaded guilty today, May…
Key debt ratio resumes rise as global debt burden hits record $315 trillion, IIF says
A key measure of world indebtedness has resumed its climb as global debt hit a record high of $315 trillion…