Prospects for the crude oil tanker market are expected to stay strong for at least the next year helped by low ship ordering, despite the loss of some trade from Russia due to Western sanctions, leading ship operators say.Russia has increased exports t…
Crude Tanker Rates Expected to Stay Strong Despite Russia Turmoil Read More »
The Shipowners’ Club, a P&I insurer in the smaller and specialist vessel sector, announced Simon Peacock will take over as CEO in 2023.Current CEO Simon Swallow will be stepping down on May 25, 2023 before starting his retirement on August 3, 2023.
Peacock Set to Take Over as CEO of The Shipowners’ Club Read More »
MAN Energy Solutions’ after-sales division, MAN PrimeServ, has announced the signing of a contract to retrofit two LPG carriers for Tianjin Southwest Maritime Ltd. – the Chinese liquefied-gas carrier operator. The COSCO Shipping Heavy Industry…
Tianjin Southwest Maritime to Convert LPG Carrier Pair for Dual-fuel Operations Read More »
The U.S. Army Corps of Engineers, Detroit District in concert with the Philadelphia District and the Marine Design Center awarded a 11.4 million contract to Southwest Shipyard in Houston for a new crane barge on the St. Marys River.“The new…
USACE Orders Crane Barge for St. Marys River Read More »
Cruise giant plans to use proceeds from notes to make payments on revolving credit facility
Carnival prices private bond offering after boosting to $2bn as coupon rates rise Read More »