Port of LA may have ‘very soft’ February and March after long Chinese New Year, ONE CEO says
Container volumes at the port are down 21% from a year ago, according to Port of Los Angeles data
December 2022
McDonough to Build New 300-foot Deck Barge
McDonough Marine Service announced it has executed a contract to build the Marmac 305, a 300- by 100-foot deck barge for the offshore industry.Expecting to launch in summer 2023, the ABS-classed barge will be built with ballastable internal tanks…
McDonough to Build New 300-foot Deck Barge Read More »
Great Mountain launches effort to unload $337m New Fortress stake
Second largest shareholder selling 3.3% of its stake in LNG infrastructure and vessel owner
Great Mountain launches effort to unload $337m New Fortress stake Read More »
Only seven ‘green’ shipping banks hit IMO carbon cuts target in 2021
Minority of signatories to the Poseidon Principles are hitting current emissions reduction targets, but chair Michael Parker is not discouraged
Only seven ‘green’ shipping banks hit IMO carbon cuts target in 2021 Read More »
Newbuilding Ordering Activity Picks Up Pace
The newbuilding market has picked up pace this week, with more orders being reported. In its latest weekly report, shipbroker Allied Shipbroking said that “the first full week of December brought a second healthy week of new orders. Good earning potent…
Newbuilding Ordering Activity Picks Up Pace Read More »