Pangaea Logistics 15-bulker fleet buy gains shareholder approval
Pangaea will sell a 22% stake in the company and take on debt of about $105m to finance deal
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December 2024
Challenges of Green Financing Persist 5 Years After the Adoption of Poseidon Principles
Challenges around the matter of green ship financing are still persisting, five years after the introduction of Poseidon Principles. In its latest weekly report, shipbroker Intermodal said that “half a decade has passed since the introduction of Poseid…
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Bright earnings outlook as vessel speed reduction limits supply expansion
The dry bulk market is poised for an upside in earnings as global and regional environmental regulations will reshape vessel supply. The higher earnings are coupled with higher fragmentation in the freight market as vessel movement will continue to ada…
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Risk sharing key component to viable emissions reduction
Shipping must be open to sharing the risks associated with emissions reduction to enable the uptake of energy savings devices and technologies (ESDs/ESTs) and digital applications. The responsibility of investing in and driving the uptake of new soluti…
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Obituary: Lieutenant James Earl Carter Jr., USN – 39th American President
President James Earl “Jimmy” Carter passed away on December 29, 2024, at the age of 100.President Carter graduated from the U.S. Naval Academy in 1946 with distinction, after which he was assigned to USS Wyoming (E-AG 17) as an ensign. After completing…
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