VesselsValue: Volatility continues in crude tanker sector
Over the last few months, the crude tanker market has continued to show signs of volatility, with rates still suffering and cargo miles faltering again in February after a short period of
Over the last few months, the crude tanker market has continued to show signs of volatility, with rates still suffering and cargo miles faltering again in February after a short period of
Shipping continues to face threats such as piracy, kidnapping and terrorism. Ship operators need to stay alert to security risks and recognize that threats are continually evolving and demand constant vigilance. To
As part of the first high-level preparatory talks for the COP26 summit, Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, a world leader in shipping and logistics, has put forward
Despite what some headlines might suggest, cruise giant Carnival appears to be reluctant to switch ships from U.S. ports. In a conference call with analysts yesterday, Steve Wieczynski of Stifel put this
Wärtsilä is cooperating with the Finnish Border Guard in the testing of Bio-LNG as fuel for the 96 meter long Coast Guard patrol vessel Turva. The aim is to lower greenhouse gas
The St. Simons Sound Response team reports that cutting operations to separate Section Seven of the wreck of the capsized car carrier Golden Ray resumed over the weekend. Divers successfully placed the
Although the containership Ever Given was fortunately freed after less than a week of blocking the Suez Canal, BIMCO notes that the consequences for owners and operators due to the delays caused
While Norwegian Cruise Line Holdings said yesterday that it had informed the Centers for Disease Control (CDC) that it plans to resume sailing from U.S. ports on July 4, no similar announcements
Norwegian Cruise Lines Holdings Ltd, (NYSE:NCLH) has been quick to respond to the CDC’s updated guidance on cruising. Today it wrote the CDC outlining its plan to resume cruising from U.S. ports,
St. Catharines, Ontario, headquartered Algoma Central Corporation (TSX:ALC) reports that it has taken delivery of the Captain Henry Jackman, its fifth Equinox Class gearless dry-bulk carrier and the tenth Equinox Class vessel.