An ailing tugboat crewmember was medically evacuated approximately 10 miles north of Manasquan Inlet, N.J. on Friday, the U.S. Coast Guard said.Watchstanders at the Coast Guard Sector Delaware Bay Command Center in Philadelphia received an alert…
Ailing Tug Crewman Medevaced Off New Jersey Read More »
Helsinki Shipyard said the first steel has been cut for the third vessel in a series of new luxury expedition cruise ships for British cruise line Swan Hellenic.Ordered in October 2020, the new vessel is scheduled to be delivered at the end of 2022.
Helsinki Shipyard Begins Building Third Ship for Swan Hellenic Read More »
Costamare is putting some of its mounting cash balance from a sizzling market into a similarly strong dry bulk sector…
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Costamare diversifies into dry bulk with deals for 16 vessels Read More »
The United States’ private shipyards support $42.4 billion in gross domestic product (GDP), a new report finds.The U.S. Department of Transportation’s Maritime Administration’s (MARAD) report, The Economic Importance of the U.S. Private Shipbuilding an…
US Shipyards Support $42.4 Billion in GDP Read More »
The Baltic exchange’s main sea freight index rose for the fourth straight session on Monday to its highest in a month, supported by higher rates across vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels …
Baltic Dry Index Hits One-month High Read More »