Diamond S Shipping to pay Marinakis up to $34m to end management
WL Ross & Co and Capital Maritime are both throwing their weight behind International Seaways acquisition
Diamond S Shipping to pay Marinakis up to $34m to end management Read More »
April 2021
Bouchard Pays $375,000 to Whistleblower
Bouchard Transportation Co. Inc. and three former and current management officials from the Long Island-based petroleum barge company have paid $375,000 in restitution to the brother of one of two seamen killed in a 2017 barge explosion off Port Aransa…
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Winners and Losers of the Suez Blockade
Certain sectors of the shipping industry are bound to benefit from the recent blockade of the Suez Canal which managed to clear the backlog of ships just this past weekend after almost two weeks of delays. The impact in freight rates is imminent. In it…
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Ship Propulsion: Transition is in the Wind!
With a lot of attention and investment going into alternative, low emission fuel development, how does the return of wind propulsion avoid becoming an ‘also ran’ technology segment? Gavin Allwright, the Secretary General of the International Windship A…
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Global oil “tested as never before”
Oil markets might have successfully rebounded from the shockwave of the pandemic, but a positive medium-term outlook for crude and products trade is far from secure. A supply picture is being blurred by heightened uncertainty which has created an inves…
Global oil “tested as never before” Read More »