Navios logo on ship stack

Navios to merge tanker and bulker companies

In what Chairwoman and CEO Angeliki Frangou calls a “transformative transaction,” dry bulk specialist Navios Maritime Partners L.P. (NYSE: NMM) and tanker specialist Navios Maritime Acquisition Corp. (NYSE:NNA), are to combine. “The

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Fednav takes delivery of 35,000 dwt ice class bulker

Montreal, Quebec, headquartered Fednav Limited yesterday took delivery of the Federal Montreal, its newest Great Lakes-suitable handysize vessel, in a ceremony at Japan’s Oshima Shipyard. The Federal Montreal is a 34,500 DWT

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USCG responds to bulker grounding

JANUARY 10, 2019 — The Coast Guard assisted the crew of a Panamanian flagged bulker after it ran aground about 2.5 miles east of Virginia Beach, VA, Thursday morning. Crew members aboard

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Grounded Russian bulker successfully refloated

DECEMBER 19, 2018 — The U.K. Coastguard reports that efforts to refloat a Murmansk Shipping Company bulker that grounded off Cornwall yesterday were successful. Following a combined effort between five harbor tugs