BIMCO: Dry bulk supply/demand balance set to weaken
It’s not just container shipping that’s feeling the tariffs pain. BIMCO has released its April 2025 Dry Bulk Shipping Market Overview & Outlook — and the outlook part is not rosy. Tariff
Wasaline RoPax Aurora Botnia set for world’s largest battery retrofit yet
Finland’s Wasaline is making a significant step forward on its path to sustainability by expanding the onboard battery capacity of its 150-meter RoPax ferry Aurora Botnia with an additional 10.4 MWh of
ClassNK releases new prime ship management guidelines
ClassNK has released a new publication, Prime Ship Management Guidelines. The guidelines aim to enable sustainable ship management with safety as the highest priority. The evolving environment around ship management includes the
USCG spot checks at Port of NYNJ find undeclared hazardous materials
Coast Guard Sector New York personnel conducted three warehouse spot checks at the Port of New York and New Jersey this week, uncovering a 60% deficiency rate in hazardous material compliance. The
NTSB reports on $3M Johnny M towboat fire
A catastrophic engine failure led to a fire aboard the towboat Johnny M last year, the National Transportation Safety Board said Tuesday. The fire broke out on Jan. 30, 2024, when the
Chesapeake Shipbuilding opts for Aquarius retractable stabilizers
Continuing a15-year partnership with Chesapeake Shipbuilding in Salisbury, Md., Kongsberg Maritime is supplying its Aquarius retractable stabilizers for installation on the latest newbuild cruise ships under construction at the shipyard for American
Algoma Central and Irving Oil welcome first of two new methanol-ready tankers
Canada’s Irving Oil and Algoma Central Corporation (TSX: ALC) yesterday welcomed the first of two new methanol-ready product tankers into Saint John Harbour, New Brunswick. The vessels will service Canada’s largest refinery
Thordon adds new Danish distributor Damzgard Mechanics to its network
High-performance shaft bearing and seal systems specialist Thordon Bearings, has added Frederiksværk, Denmark-headquartered Damzgard Mechanics to its network of authorized distributors. With a solid reputation as a supplier of mechanical engineering solutions
Moran Towing christens new tug at Port of Beaumont
Moran Towing Corporation, New Caanan, Conn., hosted a christening ceremony for its newest tugboat, the Mary Jane Moran, at the Port of Beaumont in Texas on April 5. The event brought together
Royal Caribbean reports a strong first quarter
Miami-headquartered Royal Caribbean Group (NYSE: RCL) today reported first quarter 2025 earnings per share (EPS) of $2.70 and adjusted EPS of $2.71. The cruise giant said these results were better than its