Scorpio Tankers on Wednesday announced it has entered into an agreement to sell its 2019-built LR2 product tanker STI Lily to an undisclosed buyer.The sale price is $73.5 million and the sale is expected to close within the fourth quarter of 2024…
Scorpio Tankers Sells LR2 Vessel for $73.5 Million Read More »
As the war between Ukraine and Russia rages on, the Black Sea has become a hotbed for naval operations, with Ukraine pioneering the use of naval drones in its fight to reclaim the Crimean Peninsula. These drones have emerged as a potent tool in disrupt…
Naval Drones and the Battle for Crimea: Ukraine’s Strategic Counteroffensive Read More »
Modion Maritime panamax remains immobile in the Red Sea, a day after suffering damage from Houthi missile
‘Unintended’ hit: Houthis likely struck Greek bulker while chasing another vessel Read More »
Box volumes from Latin America and Europe will be hard to divert
Wilhelmsen Ship Management announced its chief operating officer Haakon Lenz will assume the role of CEO, succeeding Carl Schou, who is retiring after 19 years of service, including 16 years as CEO.Lenz will assume the role of CEO on January 1…
Wilhelmsen Ship Management CEO Schou to Retire, Lenz Named Successor Read More »