Vladimir Penda, 27, the former fourth engineer of the containership MSC Gayane, was today sentenced to five years and 10 months in prison plus two years of supervised release on charges of
Though spectacular salvage and wreck removal projects continue to hit the headlines, the ocean salvage industry continues to face pressures that has seen some major players leave the market in recent years.
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
April 2021 A few short weeks ago, the entire world was transfixed by images of one of the largest containerships on the globe blocking the Suez Canal for six days, causing an
Containership leasing giant Seaspan Corporation is ending March as it began it: announcing another multi-ship newbuilding contract. The company, which is a wholly owned subsidiary of Atlas Corp.(NYSE: ATCO), said today that
Hopes are that the Suez Canal can soon be fully open to traffic. Efforts to refloat Ever Given, the giant containership that has been blocking the channel since March 23, are starting
S&P Global Platts this morning reported Japan’s Shoei Kisen Kaisha, the owner of the Ever Given, as saying that it hoped that the giant ship could be refloated Saturday evening local time.
UPDATED: This morning, the Suez Canal remained blocked by the giant containership Ever Given, which remains wedged across the waterway, preventing the passage of canal traffic in both directions. The delays could
UPDATED: One of the world’s largest containerships, Evergreen’s 20,388 TEU Ever Given, got stuck in the Suez Canal March 23, blocking traffic in both directions. According to reports, at one time seven
Within days of its last foray into the newbuilding market (see earlier story), containership leasing giant Seaspan Corporation has resumed its buying binge, announcing today that it has entered into agreements with