At the end of March 2019, the maritime sales team of RENK’s Rheine plant managed to win its first new construction project for the maritime hybrid system called MARHY. This system enables ships with 2-stroke engines to efficiently generate on…
RENK Wins Order for Hybrid Drive “MARHY” Read More »
The continued detention of British-flagged tanker Stena Impero is “unacceptable and unjustifiable” and there are concerns for the welfare of the crew after 19 days in confinement, the vessel’s owner said on Tuesday.Iran’s Revolutionary Guards…
Owner: Detention of UK-flag Tanker Unacceptable Read More »
The Baltic Exchange’s main sea freight index fell for an eleventh straight session on Tuesday to nearly one-month lows, pushed down by lower rates for capesize vessels due to sluggish demand in both Atlantic and Pacific regions.The Baltic index…
Softer Capesize Demand Drags Down Baltic Index Read More »
Federal judge in New York finds no evidence of securities fraud in dismissing complaint with prejudice.
New York judge kicks out shareholder lawsuit against Top Ships Read More »
Cyprus-based maritime technology & marine risk prevention firm Prevention at Sea Ltd has been awarded a contract from Oldenorff Carriers for switching from the traditional paper Oil Record Book to ε-ORB (electronic Oil Record Book).Oldendorff…
Oldendorff Chooses PAS ε-ORB Software Read More »