In what Chairwoman and CEO Angeliki Frangou calls a “transformative transaction,” dry bulk specialist Navios Maritime Partners L.P. (NYSE: NMM) and tanker specialist Navios Maritime Acquisition Corp. (NYSE:NNA), are to combine. “The
With increasing attention being paid to carbon capture as means of combating climate change, the question that arises is “what do you do with the carbon, once it’s captured?” Whatever its destination,
The 16,000 TEU methanol fueled containerships just ordered by Maersk mark a substantial scale-up of the methanol powered technology from the previous size limit of around 2,000 TEU. So it is no
Senior risk consultant Jarek Klimczac is transferring to insurer AXA XL’s New York City office from Singapore, effective September 1, 2021. “Our risk consultants play a vital role in helping clients mitigate
By Grady S. Hurley, Jones Walker LLP The same July week that many banks reported a peak in growth and inflation with projected U.S. gross domestic product (GDP) growth of 6.5%, China
The National Transportation Safety Board has released its Safer Seas Digest 2020, a compendium of the NTSB’s maritime accident investigations involving loss of life, injuries and significant property damage completed in 2020.
While the Offshore Marine Services Association (OMSA) has recently chartered in its own vessel to patrol for Jones Act violations, it seems that it did not have to put to sea to
Estonian operator Tallink is to fit its LNG-fueled 2,800-passenger, 646-car Megastar ferry with an ABB shore connection system that will allow to plug into the local grid for quiet and emission-free overnight
A.P. Moller – Maersk says that in the first quarter of 2024 it will introduce the first in a series of up to 12 large ocean-going containerships capable of being operated on
Almost two years after the capsize of the then 660 foot long car carrier Golden Ray on September 8, 2020, efforts to dismantle the wreck of the vessel and remove it from