Day of the Seafarer

VIDEO: IMO Sec Gen calls for “fair future for seafarers”

For a second year in a row, IMO’s Day of the Seafarer is being marked as hundreds of thousands of seafarers continue to face restrictions as a result of the COVID-19 pandemic.

CIT provided Purus with ammonia carrier acquisition financing

CIT provides $42 million in financing for dry bulk fleet

CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business is providing $42 million in financing for a portfolio of seven dry bulk vessels. Dynamic Bulk Holdings, a leading dry bulk

Stena Germanica

Stena Line RoPax is world’s first vessel to use recycled methanol as fuel

In 2015 Sweden’s Stena Line made history by converting one of the largest RoPax ferries in the world, the 240-meter Stena Germanica, to become the world’s first methanol powered ferry (see earlier

New Excel-class Carnival ship will be a sister to Mardi Gras

Carnival aims for 52% capacity by November

Eight cruise line brands from Carnival Corporation & plc, the world’s largest cruise company, have announced plans to resume guest cruise operations, with AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland

Shaped charges approved for use in Golden Ray cutting operations

In a new development, explosives—in the form of low hazard flexible linear-shaped charges (LH FLSC)—are set to be used in the dismantling of the wreck of the capsized car carrier Golden Ray.

Fenix Marine, a terminal operator based out of the Port of Los Angeles/Long Beach worked with ACT Commodities

Ports focus more on going green than ever

By Jim Romeo The Port of Corpus Christi in Texas has been in existence for nearly 100 years and is the third largest port in the U.S. Recently, it has partnered with

NTSB reports on multiple barge breakaway that closed I-10 bridge

The National Transportation Safety Board (NTSB) has issued its report on the September 19, 2019, incident in which 11 barges broke free from a San Jacinto River barge fleeting area near the

Ever Given under tow

Ever Given could soon be free to sail

It looks like Ever Given, the giant containership that got wedged across the Suez Canal, may soon be free to leave the Great Bitter Lake, where it has languished since April after

Containers on deck

MPC Container Ships in $210 million acquisition of Songa Container

In a deal that puts together two Oslo, Norway, headquartered containership operators, MPC Container Ships ASA has agreed to acquire Arne Blystad led Songa Container AS for an aggregate purchase price of

U.S. Merchant Marine

Senators seek to send more offshore wind revenues to coastal states

Current U.S. law requires all revenues generated from offshore wind leases and production beyond state waters be deposited in the U.S. Treasury. Now a bipartisan group of U.S. senators has introduced legislation

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