The U.S. Environmental Protection Agency (EPA) has assessed penalties totaling $81,474 against two commercial ships over inspection, monitoring, and reporting violations in California and Louisiana. According to the agency, the 13,052 TEU
Technology in a series of up to 12 new 210,000 dwt LNG-fueled bulkers will include a scope of ABB solutions with permanent magnet (PM) shaft generators at its core. The ships are
Recently, the Baltic Dry Freight Index, the main measure of bulk carrier market health, has been hovering around 11-year highs. Demand has been sustained by fundamentals, such as an increase in Chinese
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
The latest weekly report from Oslo-headquartered Cleaves Securities makes some optimistic predictions for the dry bulk sector. Noting that the Baltic Dry Index reached 3,053 points on Friday, the highest level since
The Environmental and Natural Resources Division of the U.S. Department of Justice reports that St. Catharines, Ontario, headquartered Algoma Central Corporation has been fined $500,000 after pleading guilty to dumping wastewater into
The Panama Canal Authority is investigating an incident yesterday in which the 37,332 dwt bulker Bluebill slammed into a span of the Chagres river railway bridge. The 2004-built Cyprus-flagged vessel, which is
Vadim Humenyuk last week pleaded guilty to operating a commercial cargo ship in San Francisco Bay while intoxicated, announced U.S. Attorney David L. Anderson and U.S. Coast Guard Captain of the Port
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
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