High traffic, seasonal fog and COVID-19 related issues had already led to congestion and long waiting times for VLGCs transiting the Panama Canal, reports Norway’s Cleaves Securities. In an advisory note dated
Tensions are ratcheting up in the Middle East as Iran’s Islamic Revolution Guards Corps announced that it had stopped a South Korean-flagged ship “for environmental pollution in the Persian Gulf,” adding that
The crew of a Liberian flagged tanker have found what appears to be a limpet mine attached to the vessel’s hull while conducting ship to ship operations 6 nautical miles south of
The St. Simons Sound Incident response team is now well into the cut that will separate the stern section of the capsized car carrier Golden Ray. Meantime, the bow section of the
Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) reports that it has purchased two modern high-specification SDARI-64 design, scrubber-fitted Ultramax bulk carriers. This follows the company’s recently-announced acquisition of a similar
Underscoring the efforts being made by leading corporations to reduce their carbon footprints, Volkswagen Group Logistics is to use certified fuel from vegetable residues for certain new car shipments via marine routes.
Ocean Network Express Pte. Ltd. (ONE) has signed a Letter of Intent (LOI) for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS). Each with with a capacity greater
Hamburg-headquartered Hapag-Lloyd has signed an order for six 23,500+ TEU container vessels with South Kiorea’s Daewoo Shipbuilding & Marine Engineering. Set for delivery between April and December 2023, the vessels represent a
One of the world’s largest owner-operators within the Supramax / Ultramax dry bulk segment, Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE), has become a signatory to the Sea Cargo Charter.
Emanuele A. Lauro led Scorpio Bulkers Inc. (NYSE: SALT) said today that following its recent string of vessel sales, its board of directors has authorized the company, as part of its transition