Salvors are set to begin removing fuel from a 1940s era military tugboat that sunk in California last year, the U.S. Coast Guard said.The Mazapeta sunk September 4, 2023, in Little Potato Slough within the San Joaquin Delta, northwest of Stockton, Calif.
Salvors to Remove Fuel from Sunken Tug in California Read More »
China’s imports of LNG rose by 11.4% during 2023, as Zero-Covid policies were reversed, allowing for more shipments. In its latest weekly report, shipbroker Banchero Costa said that “global seaborne LNG trade has continued to increase last year, helped…
LNG Shipping: China’s Imports Post Strong Increase During 2023 Read More »
The year 2023 witnessed significant shifts in commodity patterns, exacerbated by a difficult economic environment in China and geopolitical tensions, especially between Russia and Ukraine, which led to significant shifts in commodity development. The C…
Dry bulk annual review 2023 Read More »
In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU was delivered. The 2023 record is now likely to be beaten already in 2024. As 2023 saw a relativel…
Record deliveries could push container fleet above 30 million TEU in 2024 Read More »
HII announced that Peter Courtney has been promoted to corporate vice president of legislative affairs and Betsy Bina Benedict will join HII to serve as the director of legislative affairs. Courtney succeeds Carolyn Apostolou who retired in…
HII Names Courtney Corporate VP of Legislative Affairs Read More »