Okeanis tackles debt cost by refinancing a tanker and slashing interest rate on another
Danish Ship Finance provides new loan for VLCC Nissos Kythnos
Okeanis tackles debt cost by refinancing a tanker and slashing interest rate on another Read More »
May 2024
SUNY Maritime Opens William Austen Marine Education and Seamanship Center
SUNY Maritime College held a ribbon cutting ceremony for its new William Austen Marine Education & Seamanship Center.The cutting-edge center, set on the waterfront of the college campus in Throggs Neck, N.Y., features a marine environmental…
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Tanker Market Softened in April
The VLCC tanker market softened last month, OPEC said in its latest monthly report. Dirty freight rates showed divergent trends in April. VLCC spot freight rates were softer, with the Middle East-to-East route falling 11%, m-o-m. In contrast, Suezmax s…
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Groundbreaking climate opinion from international court – States must go further to address GHG emissions
States must take “all necessary measures” to prevent, reduce and control greenhouse gas (GHG) emissions from any source – simply participating in global efforts is not necessarily enough. Today in Hamburg, Germany, The International Tribunal for the La…
Ann Waite, chosen as 2024-25 chair of the Association of Average Adjusters, speaks out for better communication within the maritime ‘family’
Ann Waite, a top marine claims expert, has been elected to chair the Association of Average Adjusters for the year 2024-25. Ms Waite was at the same time, at the annual general meeting of Fellows on May 8, 2024, elected an Honorary Fellow of the Associ…