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 »
The American Waterways Operators (AWO) recently sent a letter to Gov. Gavin Newsom in California, urging him to withdraw the 2022 amendments to the California Air Resources Board (CARB) Commercial Harbor Craft rule, particularly in light of…
AWO Urges Newsom to Act on CARB Rule Amendments Read More »
European Shipowners (ECSA) welcome the focus of European Commission’s new Competitiveness Compass on competitiveness and open trade as a prerequisite to the continent’s security, resilience and growth.Shipping is a cornerstone of Europe’s energy…
European Shipowners Welcome Focus on Competitiveness Read More »
U.S. President Donald Trump’s trade tariffs on Canadian and Mexican oil imports will offer European and Asian refineries a competitive advantage against their U.S. rivals, analysts and market participants told Reuters.Trump on Saturday ordered…
Trump’s Tariffs a Boost for European and Asian Refiners Read More »