Iranian forces board Greek-owned tanker
U.S. Central Command yesterday tweeted a video showing Iranian forces seizing a tanker identified as the Wila. According to the Equasis data base, the ship is an 8,055 dwt Liberian registered products
Shipping
Tanker operator Diamond S reports strong second quarter
Greenwich, Conn.-headquartered Diamond S Shipping Inc. (NYSE: DSSI) has reported results for the second quarter of 2020 that included booking a net income of $45.7 million or $1.15 per basic share, compared
First of six LNG-fueled box ships completes trials
The first in a series of six LNG-fueled neo-Panamax containerships has successfully completed sea and LNG gas trials in Korea. The ships are being built for Singapore-based Eastern Pacific Shipping at the
Norden back at NACKS for two more newbuilds
Saying that it sees “attractive dry cargo asset opportunities after a long period with declining values,” Danish operator Norden A/S has added two more Ultramax vessels to its existing newbuilding series on
VIDEO: Mauritius oil spill clean up continues
Video posted today by Le Mauricien newspaper showed continuing efforts by Mauritians — many of them volunteers — to clean up oil spilled from the Capesize bulker Wakashio, which grounded off the
Eagle LNG and Crowley celebrate landmark LNG bunkering
Eagle LNG Partners (Eagle LNG) and Crowley Maritime on Friday celebrated the 100th bunkering of a Crowley LNG fueled ConRo at Eagle’s Port of Jaxonville, Fla., Talleyrand LNG Bunker Station. Eagle LNG
RCL posts $1.6 billion second quarter loss
The no sail orders imposed in response to the coronavirus pandemic continue to put the cruise industry under huge financial pressure. Royal Caribbean Group (NYSE: RCL) today reported a U.S. GAAP net
BIMCO: World order book at its lowest in 17 years
The world shipbuilding order book for dry bulk, container and tanker ships has reached its lowest point in 17 years. BIMCO says that COVID-19 has massively slowed contracting (down 50%), though deliveries
OSG reports profitable second quarter
U.S.-flag tank vessel operator Overseas Shipholding Group, Inc. (NYSE: OSG) reported second quarter results that included net income of $6.4 million, compared with a net loss of $1.7 million for the second
Norwegian Cruise Line has no plans to shed any ships
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) today reported financial results for the second quarter ended June 30, 2020. The company’s second-quarter GAAP net loss was $715.2 million or $2.99 per share