“Between January and August 2024, the number of recycled ships has dropped 42% y/y, the second lowest level in 16 years. The market has seen high freight rates and strong demand, delaying the recycling of older ships. On the supply side, the fleet has …
Strong dry bulk market fuels 42% drop in ship recycling Read More »
Kitsap Transit has been awarded $1.2 million to design an all-electric, zero-emission fast ferry demonstration vessel and its accompanying shoreside charging infrastructure, the Washington State Department of Commerce announced. This funding…
Kitsap Transit Secures Funding for Zero-emission Hydrofoil Ferry Project Read More »
Italian shipowner d’Amico International Shipping is the latest to join the charter party
‘Very profitable’: Momentum continues in MR tanker period market with new fixture Read More »
San Diego shipbuilder General Dynamics NASSCO delivered the future USS Robert E. Simanek (ESB 7) to the U.S. Navy, on September 12.The Lewis B. Puller-class expeditionary mobile base ship is named for Private First Class Robert Ernest Simanek…
US Navy Accepts Delivery of Future USS Robert E. Simanek Read More »
U.K.-based Tidal Transit said it has placed orders with Singapore’s Penguin Shipyard for two new battery-ready crew transfer vessels (CTV) amid growing demand for green crew transport in the offshore wind sector.The company announced on Tuesday…
Tidal Transit Orders Battery-ready CTV Pair Read More »