Ocean Network Express (ONE) reported a net loss of $88 million for the third quarter of FY2025, as persistent fleet growth and slower cargo movement weighed on short-term freight rates, particularly in the Asia–North America tradeThe result…
ONE Posts $88M Loss – Newbuild Deliveries Pressure Rates; Fleet Continues to Grow Read More »
DHT Holdings, Inc. (NYSE:DHT) entered into an agreement to sell the DHT Bauhinia, built in 2007, for a price of $51.5 million. The vessel is expected to be delivered to the new owner during June/July 2026. The vessel is debt free and the company…
DHT Nets $34.2M from Vessel Sale Read More »
Captain Steve Jones is President of the Passenger Vessel Association for 2025. As his term comes to a close in February at the PVA Annual Convention at MariTrends 2026 in Covington, KY, Captain Jones has achieved several long-sought-after successes…
Insights: Captain Steve Jones, Gateway Clipper Fleet, President of PVA (2025) Read More »
The 116-meter livestock carrier Blue Ocean A was towed to safety after suffering engine failure in adverse conditions on January 28.The Saint Kitts and Nevis-flagged vessel was sailing off the island of Saint Peter, Italy, on its way to Spain with 33 c…
Livestock Carrier Towed to Safety after Engine Failure Read More »
Last week, Governor Gavin Newsom announced that California had disrupted several major wildlife trafficking operations, including seizing hundreds of illegal products made from ivory, rhino horn, walrus tusks, suspected bear gall bladders, saiga antelo…
Teamwork Required to Thwart Illegal Wildlife Trade Read More »