Sovcomflot strikes $149m loan for LNG carrier
Facility with three existing lenders is the latest in a line of new loans for the Russian company this year.
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November 2018
Oil Removed from WWII Era Shipwreck
A U.S. Navy led team has removed 229,000 gallons of oil from a sunken World War II era German heavy cruiser located in the Kwajalein Atoll, Marshall Islands.The Prinz Eugen was transferred to the U.S. as a war prize after the war and has been…
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Vard Starts Building Ponant’s Electric Hybrid Cruise Ship
Vard launched the construction phase of a polar exploration vessel for French cruise company Ponant.
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Sea Consortium orders boxship double
Singapore owner inks deal for two vessels in China.
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Baltic Index Down as Capesize Rates Dip to Lowest Seven Month Low
The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell for the twelfth straight session on Wednesday after the capesize index dropped to a seven-month low.The overall index, which factors in rates for…
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