Arlington, Va., headquartered U.S. LNG export terminal operator Venture Global LNG is getting into vessel ownership. Yesterday, it announced the acquisition of nine LNG carriers currently under construction by an undisclosed South
Continuing to try to stem the flow of Iranian funding to the Houthis, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action March 15 against a Mumbai-headquartered,
The situation in the Red Sea gets no calmer. Today brought a report from UKMTO of a Houthi attack on a merchant vessel 76 nautical miles west of Al Hudayah. While UKMTO
With an increasing number of vessel owners and charterers seeing wind assisted propulsion as a way to cut emissions, FastRig, a wingsail solution that’s been specifically designed for easy retrofitting to existing
In its first six months in operation with wind assisted propulsion, the Cargill-chartered bulker Pyxis Ocean has achieved performance consistent with what was predicted, which is equivalent to an average of 3
The American Waterways Operators has produced a new video highlighting the tugboat, towboat and barge industry’s commitment to safety and its strong record as the safest mode of freight transportation. The two-minute
The 5,000 vehicle capacity PCTC Cosco Tengfei has become the first vessel in the Cosco Shipping (CSSC) fleet to be fitted with an Iridium Global Maritime Distress and Safety System (GMDSS) terminal.
The latest merchant vessel targeted by the Iran-backed Houthi terrorist groups is the Liberian-flagged containership Pinocchio, which according to the Equasis data base is operated by Singapore headquartered SeaLead Shipping Pte. According
”It would be appropriate to state that we have ‘stuck the landing’ with our fourth quarter performance,” said Sam Norton, president and CEO of Tampa, Fla., headquartered Overseas Shipholding Group, Inc. (NYSE:
Despite the outrage expressed by shipping organizations over the lethal Houthi attack on the Barbados-flagged bulker True Confidence in which three seafarers died and others were seriously burned, the Iranian-backed terrorist group