Tidewater has announced that its net income for the 12 months ended December 31, 2024 was $180.7 million, compared to $97.2 million for the previous year.The company’s revenue for the three and 12 months ended December 31, 2024 of $345.1 million and $1…
Tidewater’s 2024 Net Income Jumps Read More »
VesselBot has highlighted the significant financial exposure for major container shipping lines under the Office of the United States Trade Representative (USTR) proposed Section 301 service fees targeting China’s maritime sector.USTR is proposing…
Service Fees on Chinese Vessels Could Cost Billions Read More »
Eastern Shipbuilding Group (ESG) has welcomed (Acting) Assistant Secretary of the Navy for Research, Development, and Acquisition (ASN RDA) Dr. Brett Seidle, Rear Admiral Tom Anderson, Program Executive Officer for Ships (PEO Ships), and several…
DOD Officials Visits Eastern Shipbuilding Read More »
Capacity and its deployment dominate the outlook for shippers this year as they digest the impact of tariffs, the potential rebound in Red Sea traffic and the introduction of the new alliance Gemini, according to global consulting firm AlixPartners’ 20…
Container Ship Over-Supply Looming Read More »
The dry bulk market has been recovering over the past few days. In its latest weekly report, shipbroker Xclusiv said that “dry bulk market freight rates are showing signs of improvement after a period of decline. The Baltic Exchange TC averages began t…
Dry Bulk Shipping: Is a Revival Underway? Read More »