An attack on a Saudi tanker by Yemen’s Houthis will not hit oil supplies, Saudi Arabia’s energy minister said on Wednesday, after the Iran-allied group said it had targeted a warship in response to an air strike that killed civilians. The Western-backe…
Houthis Attack Saudi Oil Tanker Read More »
Danish chemical tanker owner will acquire outstanding shares held by Laurin Shipping and Anglo-Atlantic Steamship for almost $66m.
Team Tankers caps Laurin deal Read More »
Physical and derivative markets fall as China’s move to tax US LPG puts additional pressure on gas carriers.
LPG freight rates lower on China’s tariffs Read More »
Hundreds of gallons of mineral oil has been released from a leaking underwater utility line in Michigan’s Straits of Mackinac, this week. Initial reports from the responsible party, American Transmission Company (ATC), indicate that approximately 600 g…
600 Gallons of Coolant Spills into Straits of Mackinac Read More »
NETSCo president and CEO Richard A. Mueller has been nominated by his peers and approved by the Fellows Committee to be elevated to Fellow membership in the Society of Naval Architects and Marine Engineers (SNAME). Mueller has been a SNAME member…
Richard Mueller Named Fellow by SNAME Read More »