Tanker demand is here to stay for the next few decades at least. In its latest weekly report, shipbroker Gibson said that “last week we wrote about the future of North Sea oil production and how it is a story of two halves. With production in the UK se…
Tankers Will Be in Demand For Many More Years Read More »
Capesize The Capesize market this week reached rate levels equivalent of last year’s highs. The 5TC rose $6,242 to settle at the end of the week at $34,762. The Transatlantic C8 roared to life throughout the week and is now the premium paying basin up …
Dry Bulk Market: Capesizes Reach Last Year Highs Read More »
One thing is certain within the maritime industry, smart shipping has arrived. However, what most people will think is “What is Smart Shipping?” After speaking to range of different players in the ecosystem; I will endeavor to try and provide some unde…
Smart Shipping Has Arrived Read More »
Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division christened guided missile destroyer Lenah Sutcliffe Higbee (DDG 123).“The christening of Lenah Sutcliffe Higbee is a significant milestone that brings our 34th destroyer one step c…
HII Christens Destroyer Lenah Sutcliffe Higbee (DDG 123) Read More »
The Mid-Atlantic Regional Maintenance Center (MARMC) floating dry dock Dynamic (AFDL 6) docked a dive support boat for the first time in it’s long history. This was the first time Dynamic has every docked a round-bottom vessel.For the first time…
Navy’s Oldest Floating Dry Dock Supports First Dive Boat Repairs Read More »