The tanker market is destined for further growth, as a supply/demand imbalance and geopolitical tensions, keep fuelling its further growth. In its latest weekly report, shipbroker Intermodal said that “the tanker shipping market is navigating through a…
Tankers Primed For Further Growth Moving Forward Read More »
SONARAY, manufacturer of lighting products used in marine applications, has introduced its new line of LED flood lighting marketed as the Velocity series.The Velocity Flood Light Series joins the company’s high-powered flood light offering and…
SONARAY Debuts New Velocity Series of Marine Flood Read More »
Currently, tanker asset prices are red-hot, with second-hand values and newbuilding prices at their highest levels in the last 15 years amid strong market fundamentals. While high freight rates and tight tonnage availability have underpinned second-han…
Tanker prices hit record highs, but sustainability in question Read More »
Global trade stands at a critical juncture, buffeted by a series of unprecedented challenges that have tested the resilience of the globalized trade regime. From the disruptive impacts of Donald Trump’s trade wars to the pandemic-induced shocks t…
Navigating Through Global Trade’s Troubled Waters Read More »
A containership lost propulsion in a busy New York City waterway and came to halt near the Verrazzano-Narrows Bridge Friday night—less than two weeks after a presumed power failure caused similarly sized vessel to allide with Baltimore’s Francis Scott …
Containership Loses Power Near New York’s Verrazzano Bridge Read More »