Online valuation and market intelligence provider VesselsValue says that 2021 saw significant trends and changes in the shipping industry that combined to result in a diverse demolition market. Last year saw 704
One of the world’s leading dry bulk operators is taking a stance against coal: it won’t carry the stuff. Idan Ofer’s Eastern Pacific Shipping (EPS) has just released the 2022 edition of
Faced with the prospect of arrest on its scheduled January 22 arrival in Miami, Crystal Cruises’ Crystal Symphony made a sharp change of course and headed to Bimini. Webcam images posted on
In yet another development in the Genting Hong Kong insolvency, a court in Florida yesterday issued a warrant for the arrest of the cruise ship Crystal Symphony, which is operated by Genting
Brand Marine Consultants GmbH (bMC) reports that technical operations to remove the wreck of the grounded bulker Wakashio, along with all associated debris, concluded January 16. The final actions of the wreck
Looking for what’s ahead in the dry bulk shipping markets? The thermometer usually used to measure the health of the dry bulk market is the Baltic Dry Index, and through the first
The Connecticut Maritime Association (CMA) has named Gary Vogel, CEO of Stamford, Conn.-headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) as its Commodore for the year 2022. The 2022 Commodore Award will be
You can’t make this stuff up. A recent Danish Marine Accident Investigation Bureau report into the October 18, 2021, grounding of the 88.6 meter long Dutch registered general cargo ship Beaumaiden near
As we noted when German shipbuilder MV Werften filed for insolvency on January 10, the move raised big questions about the future of its parent Genting Hong Kong, whose operations include Dream
We’re now into the cruise industry’s “Wave season,” the three-month period from January 1 to March 31 when — prior to COVID — cruise lines and travel agents historically booked the largest