Six tanker stocks are finally trading above NAV
Prevailing price discounts have had implications ranging from IPOs to follow-on equity deals
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Maritime News
Denmark’s First Electric Tugboat is Named by Her Majesty Queen Mary
Denmark’s, and Svitzer’s, first electric tugboat was named by Her Majesty Queen Mary at a ceremony in Copenhagen.The new tugboat will carry the name Svitzer Ingrid, as announced by Her Majesty during the naming ceremony, which was attended by…
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Great Lakes Iron Ore Trade Down in August
Iron ore shipments on the Great Lakes in August totaled 5 million tons, a 9.1 percent decrease compared to last year. Shipments were below the month’s 5-year average by 2 percent.Year-to-date, the iron ore trade totals 26.7 million tons, a decrease…
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ABS Verifies 30,000 CBM LNG Carrier and Bunker Vessel Design from HD Hyundai Mipo
ABS issued approval in principle to HD Hyundai Mipo for its design development of a 30,000 CBM liquefied natural gas (LNG) carrying and bunkering vessel.The design is intended to carry LNG as cargo as well as bunker fuel for a wide variety of receiving…
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GTT Receives Samsung Heavy Industries Order for Floating LNG Tank Design
GTT announced that it has received, during the third quarter of 2025, an order from the shipyard Samsung Heavy Industries (SHI) for the tank design of a new Floating Liquefied Natural Gas (FLNG) unit, which will be deployed in the Africa region.
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