Dry bulks: Can the boom resume?
Looking for what’s ahead in the dry bulk shipping markets? The thermometer usually used to measure the health of the dry bulk market is the Baltic Dry Index, and through the first
Looking for what’s ahead in the dry bulk shipping markets? The thermometer usually used to measure the health of the dry bulk market is the Baltic Dry Index, and through the first
The Connecticut Maritime Association (CMA) has named Gary Vogel, CEO of Stamford, Conn.-headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) as its Commodore for the year 2022. The 2022 Commodore Award will be
You can’t make this stuff up. A recent Danish Marine Accident Investigation Bureau report into the October 18, 2021, grounding of the 88.6 meter long Dutch registered general cargo ship Beaumaiden near
As we noted when German shipbuilder MV Werften filed for insolvency on January 10, the move raised big questions about the future of its parent Genting Hong Kong, whose operations include Dream
We’re now into the cruise industry’s “Wave season,” the three-month period from January 1 to March 31 when — prior to COVID — cruise lines and travel agents historically booked the largest
California-based biofuels start-up WasteFuel has launched WasteFuel Marine, a renewable fuel solution for the shipping sector. Perhaps not surprisingly, given that Maersk is an investor in the company, WasteFuel Marine’s initial product
Japan’s NYK Line has placed orders for four LNG-fueled Capesize bulk carriers at three shipyards. Three will be built in Japan (two at at Nihon Shipyard, one at Namura Shipbuilding) while the
Looks like A.P. Moller – Maersk A/S won’t be strapped for cash as it plans a new generation of methanol fueled box ships and ratchets up its decarbonization ambitions. Maersk is reporting
Teekay LNG Partners L.P. (NYSE: TGP) today reports that its previously announced acquisition by investment vehicles managed by New York City headquartered Stonepeak has completed. With the $6.2 billion deal done, the
There’s some good news for the approximately 2,000 employees at Genting Hong Kong’s German shipbuilding subsidiary MV Werften, which filed for insolvency January 10. Though they have not been paid their December