Antwerp-headquartered tanker giant Euronav NV (NYSE: EURN) has sold the oldest conventional vessel in its fleet, the 2002-built, 149,989 dwt Suezmax Filikon, for $16.3 million. The company will record a capital gain
In response to the problems caused by the cyberattack on Colonial Pipeline, the Secretary of Homeland Security, Alejandro Mayorkas, approved “a temporary and targeted Jones Act Waiver in response to eastern seaboard
The shutdown of the Colonial Pipeline after a ransomware cyberattack has seen panic buying of gas — and MARAD taking the first steps to consider the possibility of a limited Jones Act
The latest weekly report from Oslo-headquartered Cleaves Securities makes some optimistic predictions for the dry bulk sector. Noting that the Baltic Dry Index reached 3,053 points on Friday, the highest level since
The Jiangnan Shipyard in Shanghai has launched the first of three LNG battery hybrid PCTCs (pure car truck carriers) commissioned by United European Car Carriers (UECC), which is owned in equal shares
The Georgia Ports Authority (GPA) has ordered 20 eco-efficient Konecranes rubber tired gantry (RTG) cranes and 8 Konecranes ship-to-shore (STS) cranes for the Port of Savannah. Six of the STS cranes will
Navigator Holdings Ltd. (NYSE: NVGS), says it has signed a non-binding Letter of Intent with Naviera Ultranav Limitada to merge the Ultragas ApS fleet and business activities with Navigator. Navigator says the
South Korea’s Pan Ocean Co., Ltd. reports that it has entered into a time charter contract for an LNG bunkering vessel with Shell NA LNG, LLC. The contract is worth an estimated
Over the last few months, the crude tanker market has continued to show signs of volatility, with rates still suffering and cargo miles faltering again in February after a short period of
The boards of International Seaways Inc. (NYSE: INSW) and Diamond S Shipping Inc. (NYSE: DSSI) have unanimously approved a definitive agreement to a merger in which Seaways shareholders will hold approximately 55.75%