Austal USA earlier this month celebrated the start of construction on the first of three LCU 1710 Landing Craft Utility vessels for the U.S. Navy at the company’s Mobile, Ala. shipyard.Austal USA, a subsidiary if the Australian shipbuilding group Austa…
Austal USA Begins Building US Navy’s LCU 1710 Landing Craft Read More »
Newbuilding orders have picked up last week, while S&P activity also remained brisk, on the back of increased demand for dry bulkers. In its latest weekly report, shipbroker Banchero Costa said that “Singapore based Pioneer Bulk, after his debut on…
Newbuilding Activity Picks Up Read More »
The first quarter of the year ended with a downward revision to the growth in tonne-days for iron ore flows from Brazil to the Far East, while there was a change to an upward revision from Africa. In the second week of April, we observed a decline in t…
Dry Bulk Iron Ore Flows to the Far East Read More »
In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for EU tanker imports. Now, attacks on ships in the Red Sea area have caused average sailing distances to increase…
EU Tanker Import Tonne Mile Demand Up 12% As Ships Avoid Red Sea Area Read More »
U.S. National Transportation Safety Board chair Jennifer Homendy said at a Senate hearing Wednesday that investigators had conducted interviews with key cargo ship personnel in the investigation of the March 26 Baltimore bridge collapse.The…
US Investigators Interview Ship Personnel in Maryland Bridge Collapse Read More »