Arlington, Va., headquartered U.S. LNG export terminal operator Venture Global LNG is getting into vessel ownership. Yesterday, it announced the acquisition of nine LNG carriers currently under construction by an undisclosed South
The 5,000 vehicle capacity PCTC Cosco Tengfei has become the first vessel in the Cosco Shipping (CSSC) fleet to be fitted with an Iridium Global Maritime Distress and Safety System (GMDSS) terminal.
”It would be appropriate to state that we have ‘stuck the landing’ with our fourth quarter performance,” said Sam Norton, president and CEO of Tampa, Fla., headquartered Overseas Shipholding Group, Inc. (NYSE:
We’re supposed to be weaning ourselves off oil, right? So why has tanker newbuild contracting been soaring? BIMCO shipping analyst Filipe Gouveia has some answers. “In the first two months of 2024,
At least three seafarers have been killed in a Houthi missile attack on the 2011-built Barbados-flagged bulker True Confidence and others have reportedly suffered serious burns. These are the first seafarer fatalities
Successions aren’t always as fraught as in some TV drama series and a new generation is taking the helm at Lake Success, N.Y, headquartered Liberty Maritime Corporation, which operates a fleet of
The decision by Airbus and Louis Dreyfus Armateurs (LDA) to install Norsepower rotorsails on their three next-generation newbuilds is just one part of the story on how the two are looking to
Marsh McLennan (NYSE: MMC) has announced a major expansion of its Unity Ukraine war risk insurance facility. Launched in November 2023 to support Ukrainian exports of grain and other critical food supplies
A twosome is becoming a threesome. After three years in a successful commercial alliance, Dutch maritime heavy lift transport and engineering contractor Jumbo Shipping and German breakbulk and project cargo specialist SAL
VesselsValue has unveiled its list of this year’s top 10 shipowning nations, based on the total asset values of vessels and their country of beneficial ownership. Rebecca Galanopoulos-Jones, senior content analyst, Veson