IUMI: Marine insurance premiums hit $35.8 billion in 2022
Marine insurance premiums across all categories rose to $35.8 billion in 2022 — and the general trend is upwards. Those were two of the facts that emerged today when the International Union
Marine insurance premiums across all categories rose to $35.8 billion in 2022 — and the general trend is upwards. Those were two of the facts that emerged today when the International Union
Crowley has named James C. Fowler senior vice president and general manager of its Crowley Shipping business unit, which serves diverse U.S. and international maritime and logistics sectors. Fowler, who serves on
The U.S. Navy’s Military Sealift Command has awarded Crowley Government Services Inc. and Seabulk Tankers Inc. time charter contracts worth more than $25.3 million for three tankers reflagged to U.S.-flag for MARAD’s
Well, now we know the name. Maersk has chosen a name steeped in company tradition for its first methanol-fueled containership: Laura Maersk. The name reveal came when the ship’s godmother, EU Commission
Crowley and SEACOR Holdings, through its Seabulk Tankers subsidiary, have reached an agreement to form a joint venture integrating their liquid energy and chemical transportation vessels, operations and related services into a
Damen Shipyards Group’s specialist inland waterways yard, Concordia Damen in Werkendam, Netherlands, has won a contract to build a 5,400 bhp CDS4115 shallow draft river push boat for Paraguayan shipowner and operator
A report from the Lloyd’s Register Maritime Decarbonization Hub says that the shipping industry faces two alternative decarbonization paths with hydrogen-based fuels and biofuels vying for prominence. Its analysis of future maritime
America’s first female tugboat captain, Elsbeth Smith, born in Daytona Beach in 1941, peacefully passed away surrounded by her five children in St. Augustine, Florida on August 15, 2023, at the age
With seaborne carriage of ammonia cargoes predicted to soar, HD Korea Shipbuilding & Offshore Engineering has booked orders to build the world’s first four next-generation 88,000 cubic meter eco-friendly very large ammonia
With CCS (carbon capture and storage) set to play a growing role in global decarbonization, Malaysia-based FPSO and FSU operator Bumi Armada is turning its attention to opportunities in this emerging sector.