Norfolk, Va.,-headquartered T. Parker Host reports that the first ship has sailed from its United Bulk Terminals on the Mississippi River with a draft of 47.7 feet. This follows a newly announced
New York City-headquartered CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business has provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping LLC. Greenyield is managed
Åland, Finland, headquartered Viking Line reports that its new flagship, the 222.55 meter long, 2,800 passenger, cruise ferry Viking Glory, has begun its delivery voyage from Xiamen, China, to its home port
Mitsubishi Heavy Industries has successfully launched I-6 F1, the first of Inmarsat’s new generation of satellites, from the JAXA Tanegashima Space Center in Japan. The Inmarsat-6 series are Inmarsat’s first ever hybrid
ClassNK has released a mobile version of its PSC Intelligence PC software for ship management companies. The mobile application enables seafarers not only to manually input the reports from PSC Intelligence into
As LNG fueled vessels get larger, so do their bunkering needs. Today, London-headquartered Avenir LNG Limited (N-OTC: Avenir) reported that it has entered into a Time charter party (TCP) with Shell NA
Two Biden administration cabinet members, Secretary of Transportation Pete Buttigieg and Secretary of Agriculture Tom Vilsack, have written leading ocean carriers. They urge them to help mitigate disruptions to agricultural shippers of
France’s Louis Dreyfus Armateurs (LDA) has named Kamil Beffa as CEO in a change of management structure that the family-owned company describes as creating a “new organization, oriented towards the future and
Arlington, Va.-headquartered Venture Global LNG reports that it has signed a 20-year sales and purchase agreement with CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore
The world’s largest cruise ship operator, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) released a fourth quarter 2021 business update that included an adjusted net loss of $2 billion. Still, the