New Kāpena Class Tug Ready to Enter Service in Hawaii.The first of four new ocean-going tugs designed by Damen USA, and built by Louisiana-based Conrad Shipyard, has been delivered to Young Brothers – an independent subsidiary of Foss Maritime.
Young Brothers Accepts Delivery of First of Four Ocean-Going Tugs Read More »
Chief financial officer says buying trading ships is like purchasing a used car.
Sovcomflot excludes secondhand buys from tanker fleet renewal Read More »
Japanese companies consolidating domestic operating companies.
NYK and Mitsubishi form terminals JV Read More »
As the global maritime industry increases the level of automation and ship-to-shore connection, the move toward autonomy is gaining steam in certain sectors. While it is generally agreed among industry insiders that full autonomous operations…
Unmanned Ships: Iridium, Rolls-Royce Partner on Autonomy Read More »
Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, dipped on Thursday, pressured by weaker demand for capesize and panamax vessels.The overall index, which factors in rates for capesize, panamax…
Weaker Demand for Larger Vessels Weighs on Baltic Index Read More »