If you compare the container shipping industry with the commercial aviation industry, both are asset-heavy and exposed to global competition, and economic risks (fuel and operational disruptions). Both also sell goods with low marginal cost that requir…
Rear Adm. Michael Alfultis, president of SUNY Maritime College, today announced the establishment of the Ruth Mulan Chu Chao and James Si-Cheng Chao Endowed Scholarship Fund as a permanent, need-based scholarship. The scholarship has been funded by Dr….
New Scholarship Established at SUNY Maritime Read More »
Damen Shipyards Group has signed a cooperation agreement of understanding with clean energy startup Skoon Energy to further advance the energy transition underway in the shipping industry.Skoon was founded in 2017 by Daan Geldermans and Peter Paul van …
Damen Partners with Clean Energy Startup Read More »
BAE Systems announced it has delivered its 150th OE-120 Identification Friend-or-Foe (IFF) antenna to the U.S. Navy. The antenna is used by sailors to identify friendly aircraft and vessels, and supports shipboard air traffic management systems for bot…
BAE Systems Delivers ‘Friend-or-Foe’ Antenna to US Navy Read More »
Tanker owner Concordia Maritime announced it has moved to strengthen its positions in the crude oil segment by chartering in another suezmax vessel.The 158,000 dwt suezmax vessel that has been chartered in was built in Korea in 2015. As with previous c…
Concordia Maritime Charters in Suezmax Tanker Read More »