The Suez Canal Authority (SCA) plans to expand and deepen the southern stretch of the waterway where a containership became jammed and blocked traffic for six days in March, Chairman Osama Rabie said in a televised address on Tuesday.Rabie presented…
Ever Given Grounding Spurs Suez Canal Expansion Plans Read More »
Tanker owner TOP Ships announced on Tuesday that it has taken delivery of a scrubber-fitted 157,000 dwt newbuild Suezmax vessel, Eco Malibu, built at the Hyundai Heavy Industries shipyard in South Korea.The Marshall Island-flagged vessel is…
New Suezmax Tanker Delivered to TOP Ships Read More »
Containership company says it’s building a war chest to resume growth once ship values subside and environmental rules become more clear
Danaos stashes cash amid overheated S&P and uncertain rules Read More »
The Biden administration on Tuesday said it has approved the nation’s first major offshore wind farm, billing it as the launch of a new domestic energy industry that will help eliminate emissions from the power sector.The move, however, was…
US Greenlights Its First Major Offshore Wind Farm Read More »
America is home to some of the finest shipbuilders in the world. This industry is becoming increasingly vital to our national security as we seek to build a larger Navy capable of confronting China. Unfortunately, our shipyards are aging and…
OpEd: Navy Infrastructure Needs a Boost from Congress Read More »