Panamax bulkers enjoy highest spot rates in a month
Rates are rising across dry bulk shipping amid tight supply and strong demand
Panamax bulkers enjoy highest spot rates in a month Read More »
August 2021
LNG charter rates expected to move ‘much higher’, Flex says
Spread between modern and diesel-electric vessels widening but company has no newbuilding plans
LNG charter rates expected to move ‘much higher’, Flex says Read More »
Fairbanks Morse Ships USS Cleveland (LCS 31) Engines
Fairbanks Morse Engine (FME), a division of Fairbanks Morse Defense (FMD), shipped two 16-cylinder Fairbanks Morse engines to Fincantieri Marinette Marine in Marinette, Wis., for the USS Cleveland (LCS 31), the 16th ship of the U.S. Navy’s Freedom…
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Suez Canal Authority Adds Two More Tugs
Maersk’s towage arm Svitzer announced it has extended its current contract with the Suez Canal Authority (SCA) to include two additional tugs amid increasing traffic volumes.The two tugs are +70 tonnes bollard pull newbuilds delivered from the…
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MacGregor to Equip US’ Largest Hopper Dredge
MacGregor, part of Cargotec, will deliver two large, 120 ft. double telescopic service cranes and one 50 ft. telescopic stores crane for a self-propelled hopper dredge. Currently being built for Manson Construction Co., the Frederick Paup will…
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