Castor Maritime debt almost gone as cash pile swells to $172m
Having benefited from ship sales, Cypriot owner now plots its next acquisitions
Castor Maritime debt almost gone as cash pile swells to $172m Read More »
November 2024
Expert casts doubt on size of Houthi bribe claims cited in UN report
Stephen Askins of Tatham & Co is sceptical about the $180m-per-month figure cited last month in UN report
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Yangzijiang Shipbuilding crushes newbuilding order target with $12bn haul
Chinese yard says 75% of the orderbook is green vessels
Yangzijiang Shipbuilding crushes newbuilding order target with $12bn haul Read More »
Ship Recycling Markets See a Little Action
This week has seen about USD 10/LDT gained across the board in ship recycling markets, says cash buyer GMS, and Bangladesh has leapfrogged India for pole position including the purchases of two Panamax bulk carriers in the USD 470s/LDT.“Although…
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Russian, Indonesian Navies Hold Joint Drills
Russian and Indonesian ships practiced freeing a vessel captured by terrorists and fought unmanned boats during the first joint naval exercises between the two countries in the Java Sea, Russia’s RIA state news agency reported on Monday.The joint exerc…
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