Online valuation and market intelligence provider VesselsValue says that 2021 saw significant trends and changes in the shipping industry that combined to result in a diverse demolition market. Last year saw 704
Looking for what’s ahead in the dry bulk shipping markets? The thermometer usually used to measure the health of the dry bulk market is the Baltic Dry Index, and through the first
The Port of New Orleans (Port NOLA) ended the year in 2021 strengthening its economic benefit to the region and state with wins across all four of its lines of business: cargo,
The Connecticut Maritime Association (CMA) has named Gary Vogel, CEO of Stamford, Conn.-headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE) as its Commodore for the year 2022. The 2022 Commodore Award will be
“The future is already here,” said Columbia Shipmanagement (CSM) President and CEO Mark O’Neil, as he addressed an audience in Manila, Philippines, recently. The Mark O’Neil that the audience saw and interacted
Georgios Plevrakis serves as ABS director for global sustainability, based in Athens, Greece, where he’s responsible for helping owners and operators develop fuel and operational strategies to meet sustainability goals. Before joining
In this edition of Marine Log’s Listen Up! podcast, we talk to ClassNK senior specialist Shimpei Watanabe on what shipowners need to do to meet IMO’s Carbon Intensity Index (CII) requirements and
New York City-headquartered CIT Group Inc. (NYSE: CIT) reports that its Maritime Finance business has provided $35.5 million to finance four commercial shipping vessels operated by Greenyield Shipping LLC. Greenyield is managed
Two Biden administration cabinet members, Secretary of Transportation Pete Buttigieg and Secretary of Agriculture Tom Vilsack, have written leading ocean carriers. They urge them to help mitigate disruptions to agricultural shippers of
With R&D coming into sharp focus as part of the strategy to help ships reach IMO’s 2050 decarbonization target, Swiss-based marine engine developer WinGD has opened a new Global Test Center in