Shipping

Speaker addresses concerns of hull and machinery insurers

Marine hull and machinery insurers under pressure

Speaking at the IUMI (International Union of Marine Insurance) conference in Chicago this week, Rama Chandran, chair of the Ocean Hull Committee voiced hull and machinery insurers’ concerns over the long-term sustainability

Crwley LNG dueled containership signing ceremony

Crowley charters in 4 LNG-fueled box ships from EPS

Crowley has signed long term charter agreements with Singapore-based Eastern Pacific Shipping (EPS) for four newbuild 1,400 TEU LNG-fueled containerships. They will operate in Crowley’s U.S.-Central America trade and will be built

Eagle Bulk logo

Eagle Bulk makes $27.5 million Ultramax buy

Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE), one of the world’s largest owner-operators in the midsize dry bulk vessel segment, reports that it has expanded its fleet with the purchase