Mediterranean Shipping Company (MSC) says it is “aware of” a mid-December 2022 Bloomberg media story about the 2019 incident in which the 10,766 TEU MSC Gayane became the largest vessel ever seized
Overseas Shipholding Group, Inc. (NYSE: OSG) has exercised options to extend its bareboat charter agreements with Oslo-listed AMSC ASA for six Jones Act tankers. The six bareboat charter extensions provide for additional
Federal Maritime Commissioners Carl W. Bentzel and Max M. Vekich have written key Members of Congress to urge changing the law in a way that would allow the FMC to prohibit agreements
Two 46,000 cubic meter LPG dual-fueled gas carriers ordered by Exmar LPG, a joint venture between Exmar and Seapeak, will have Wärtsilä cargo handling and LPG fuel supply systems. The vessels, which
There are interesting times ahead in the tanker market. From December 5, the European Union ban on imports of Russian oil will kick in, with a minor exception for Bulgaria, which has
Seapeak LLC reports that it has entered into shipbuilding contracts for the construction of five 174,000-cubic meter M-type (ME-GA propulsion) LNG carrier newbuildings. They are to be constructed by Samsung Heavy Industries
Central Command has now released details and imagery substantiating its findings that an Iranian drone was the “projectile” that struck a product tanker managed by Idan Ofer’s Eastern Pacific Shipping on November
Fire and explosion incidents cause the most expensive insurance claims in the marine industry, while at a time of rising exposures and inflation, cargo damage is the most frequent cause of loss,
Leading ship manager Anglo-Eastern Ship Management has chosen Inmarsat to connect its crew.To meet the fast-evolving requirements of modern shipping, the company uses Fleet Xpress services from Inmarsat and, in 2019, became
As yesterday’s news from Disney Cruise Lines underscores, green methanol is proving an increasingly attractive option as a marine fuel. The only significant problem ship operators face is getting enough of it.