Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from the weekend, according to preliminary shipping data on Tuesday, amid a stalemate in U.S. and Iranian peace talks.Six commodity ships transited t…
Hormuz Crossings Rise Slightly from Weekend Read More »
American Roll-on Roll-Off Carrier and Waterman Transport secure 50-day deals
Wallenius Wilhelmsen and Seacor arms score US military ro-ro charters Read More »
Saudi Aramco is offering crude oil outside the Strait of Hormuz to some Asian refiners through private negotiations, two sources with knowledge of the matter said on Monday, in a strategy similar to that adopted by United Arab Emirates’ Abu Dhabi Natio…
Saudi Aramco Offers Crude Outside Hormuz Read More »
Lone Star Funds has announced that an affiliate of Lone Star Fund XI, L.P. has completed the sale of Vigor Marine Group to Antin Infrastructure Partners.Based in Portland, Oregon, Vigor Marine Group operates shipyard and fabrication facilities across f…
Lone Star Funds Sells Vigor Marine Group Read More »
Limited recycling supply could get a brief respite in the coming weeks from a weakening second-hand interest in older vessels and softer demand for steam turbine LNG ships. Both of these factors will encourage these ships being sent for end-of-life dis…
Older Bulkers and LNG Carriers Could Provide Short-Term Relief for Ship Recyclers Read More »