Sale prices for each vessel highlight price differential that owners of ships with dubious background are forced to accept
Sanctioned suezmax shows up on Indian ship recycling beach along with ex-Mexican FSO Read More »
Saudi shipping giant is set to expand its VLCC fleet with 10 modern vessels in the first half of 2025
Bahri profit soars to record high after growing VLCC fleet Read More »
Eight newbuildings will be split equally between two domestic shipyards
CDB Financial Leasing breaks into offshore with $240m OSV order Read More »
Despite a frantic start to 2025 that saw a marked return of recycling tonnage at the bidding tables, sale and purchase activity across the global ship recycling spectrum eased further this week as Chinese New Year holidays descended upon the world…
Recycling Market Eases Read More »
The owner of the vessel Stimulus Money, Richard Cruz, was sentenced to 18 months in prison on Thursday after pleading guilty for his role in the July 2022 capsizing of the vessel while underway on the Hudson River that resulted in the death of two pass…
Owner Sentenced to Prison After Vessel Capsize Read More »