JUNE 23, 2015—Investment banker Cowen and Company remains cautious on its outlook for shares of stocks of Petrobras-exposed offshore drillers, expecting “significant CAPEX cuts will keep activity offshore Brazil subdued through the
JUNE 22, 2015—By the end of last month, the expansion of the Panama Canal was nearly 90 percent complete. The $5.2 billion expansion will add a third set of locks doubling the
JUNE 22, 2015—U.S.-flag Great Lakes carriers had a bit sunny outlook in May then they had the same time a year ago. That’s because lakers moved 10.8 million tons of dry-bulk cargo
JUNE 22, 2015—Royal Caribbean International’s 227,000-gross ton Harmony of the Seas was floated out of dry dock this week, following the completion of its exterior construction at the STX shipyard in Saint-Nazaire, France.
JUNE 19, 2015—Last night, a cruise ship carrying 274 people allided with the wall in the Eisenhower Lock in the Saint Lawrence Seaway in Massena, NY, according to the U.S. Coast Guard.
JUNE 18, 2015—IMO’s Maritime Safety Committee adopted the new mandatory code for ships fuelled by gases or other low-flashpoint fuels when it met at its 95th session at IMO’s headquarters in London
JUNE 16, 2015—Brodosplit Shipyard, Split, Croatia, recently delivered the heavy lift ship Fairmaster to Dutch shipowner Jumbo. The 14,000 dwt ship is 152.6 meters long and 27.4 meters wide, with a draft
JUNE 14, 2015—Everyone who has ever seen the commercial fishing reality TV show The Deadliest Catch has a favorite captain, crew, and boat. If you’ve caught an episode or two, you realize
JUNE 7, 2015— Cape Fear Pilots Association, Southport, N.C., recently accepted delivery of its second St. John’s Class pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. The Cape Fear pilot boat marked a
JUNE 5, 2015—Efficiency, environmental responsibility, and fuel savings was clearly on the mind of every ship operator that attended Nor-Shipping 2015 in Oslo, Norway, this week. One of the technology-based solutions on