International Seaways, one of the world’s oil largest tanker operators, petroleum products, has completed the previously announced merger with Diamond S Shipping Inc. The combined company will continue to operate as International Seaways and…
Cash buyers say rise seems ‘unstoppable’ — but there is some way to go to beat the 2008 record
Scrap prices smash through $600 barrier as tonnage supply slows Read More »
CS Hunan Venture very large crude carrier, dubbed one of the most advanced and energy-efficient VLCCs ever built in China, was recently launched by Dalian Shipbuilding Industry Group (DSIC).The vessel is owned by China Shipbuilding Consulting…
China Launches Energy Efficient VLCC Read More »
But upside could be limited after strong gains in tanker values this year
NYK sells 2007-built VLCC to Moundreas amid firm market Read More »
Waterways Council, Inc. (WCI) applaunded approval by the House Appropriations Committee (by a vote of 33 to 24) of strong funding for the U.S. Army Corps of Engineers for Fiscal Year 2022 (FY22). The Committee provided overall funding for the Corps’ Ci…
USACE gets ‘Strong Funding’ for FY22 by House Committee Read More »