Vessel that had been on a back-and-forth trade to Jamaica offloaded after executive expresses openness to offload elderly tonnage
Pangaea Logistics sells panamax in bid to capitalise on value rise for older bulkers Read More »
Stock sale would more than double Nasdaq owner’s current shares count as shares dive 10% on news
Performance Shipping turns to equity markets in Maxim-led raise Read More »
Italian shipbuilder Fincantieri is in talks with Norwegian Cruise Line (NCL) over an order worth around $4 billion to build new cruise ships, a source with knowledge of the matter told Reuters on Monday.Italian daily Il Secolo XIX reported on Sunday th…
Fincantieri in Talks with NCL for $4 Billion Cruise Ship Order Read More »
The U.S. Army Corps of Engineers (USACE), Buffalo District awarded a $8.4 million contract to Cleveland-based Great Lakes Towing on April 20 for lease of the tugboat Don Raul to serve on the Great Lakes.The boat will primarily be used on Lake Erie betw…
USACE Buffalo Leasing Great Lakes Tug Read More »
Evercore’s Jonathan Chappell says lack of tanker orders bolsters case for sector as LNG carrier orderbook hits highs
Tanker and LNG carrier newbuild orders no longer moving in tandem Read More »