Dava eyes expansion as shifting trade routes reshape bulk markets
Singapore-based dry bulk operator grows fleet and reach as market dynamics evolve
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Maritime News
Starlink Outage Exposes Pentagon’s Growing Reliance on SpaceX
Last August, U.S. Navy officials carrying out a test of unmanned vessels realized they had hit a single point of failure: Starlink. A global outage across Elon Musk’s satellite network affecting millions of Starlink users had left two dozen unmanned su…
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Nord Stream Blast: Insurers Seeking to Avoid Payout
The Nord Stream gas pipelines were attacked in 2022 as a direct result of Russia’s invasion of Ukraine, insurers told a London court on Thursday as they seek to avoid paying out nearly 580 million euros ($684 million) over blasts that hit the…
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Panama Canal Downplays Report of “Line Jumping”
The Panama Canal Authority on Thursday downplayed a report that an LPG vessel paid $4 million to jump the transit queue, saying the result reflected temporary market conditions rather than a fee set by the waterway, as the Iran war drives more…
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Wind Power and the Charter Party Challenge
This week, wind-assist company BAR Technologies published an article on LinkedIn titled The Charter Party Challenge, the challenge being how do shipowners reap the benefits of installing wind-assist technology when it is the charterer that usually…
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