The London P&I Club has issued an advance summary of its result for the 2017/2018 financial year, ahead of the publication of its annual report.The club recorded an overall surplus after tax of $6.6 million, increasing the free reserve to $194.6 millio…
London P&I Club Reports Increased Free Reserves Read More »
Italian shipbuilder Fincantieri has delivered the fifth cruise ship in a series of oceangoing newbuilds for ship owner Viking Cruises. The new vessel, Viking Orion, was delivered today from the builder’s shipyard in Ancona.Viking Orion, as its four pre…
Cruise Ship Viking Orion Delivered Read More »
Satellite communications provider Inmarsat has signed a memorandum of understanding (MOU) with the Hellenic Space Agency (HSA) to allow greater collaboration on research and potential technology development.The agreement, which will include…
Inmarsat Signs MOU with Hellenic Space Agency Read More »
Nigerian-based Homeland Integrated Offshore Services has signed a contract with Damen Shipyards Group for another Damen 3307 Patrol Vessel. The vessel marks another collaboration between the companies, who have been in cooperation since Damen…
Homeland Signs for Sixth Damen Patrol Vessel Read More »
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday for a sixth straight session as rates across vessel segments saw gains. The overall index, which factors in rates for capesize…
Baltic Index Up for Sixth Straight Session Read More »