The captain of a Venezuela-linked crude oil tanker seized by the U.S. this month has been taken from British territorial waters and is now aboard a U.S. Coast Guard vessel, a lawyer for the captain’s wife said on Tuesday.The U.S. Coast Guard and U.S.
Captain of Seized Tanker Now Aboard US Vessel Read More »
Shipbuilding ordering activity, but also deals in the S&P market have continued to pour in during the past week. In its latest weekly report, shipbroker Banchero Costa said that “in the bulk sector, Japan’s Kawasaki shipyard secured an order for 2 …
Ship Owners Place More Newbuilding Orders Read More »
Nuclear propulsion, dormant in commercial shipping for decades, is gaining renewed interest as the industry seeks scalable, zero-emission solutions. Apart from being an energy source which produces no emissions, nuclear propulsion offers other advantag…
Charting a course for nuclear-powered ships Read More »
Shipping rates for crude oil tankers were at multi-year highs at the end of 2025 before falling in early 2026. Rates climbed in the fall of 2025 because of increased demand for crude oil shipments, particularly from buyers in East Asia, limiting the nu…
Crude oil tanker rates reached multi-year highs in late 2025 Read More »
Lantek Sheetmetal Solutions (Mason, Ohio) has partnered with Machitech (St.-Marc-Des-Carrieres, Quebec, Canada), a manufacturer of customized sheet metal laser and plasma cutter systems, to provide Lantek Expert Cut nesting software on all Machitech…
Lantek Partners with Machitech to Deliver Maximum Cutting Power to Sheet Metal Shops Read More »