Singapore-based BW Group has increased its stake in the pressurised LPG shipping solutions company Epic Gas to 82.58% with the completion of its voluntary unconditional offer.On 16 April, BW Group received acceptances under the Offer for a total of 9,6…
BW Group Increases Epic Gas Stake Read More »
Port of Rotterdam posted a record overall freight tonnage in the first quarter of 2019, up 5.1% on the same period last year, thanks to strong growth in container traffic.In total, 123.9 million tonnes were handled compared with 117.8 million…
Volume Rises at Port of Rotterdam Read More »
Caterpillar is touting its Multi-Engine Optimizer (MEO) as a solution for existing cruise ships to burn less fuel, run cleaner, keep uptime and reliability high while keeping costs down.Caterpillar’s MEO is designed to lay over the top of a vessel’s ex…
CAT Targets Cruise for MEO, AI Read More »
BAE Systems Jacksonville Ship Repair, Jacksonville, Florida, is awarded a $23,865,722 cost-plus-award-fee modification to previously awarded contract N00024-19-C-2317 to exercise options for USS Paul Ignatius (DDG 117) post-shakedown availability (PSA).
BAE Systems Jacksonville Wins Navy Deal Read More »
The disruption in the iron ore seaborne trade this year has been well documented, together with the negative impact that this development has had in the Capesize dry bulk segment. However, analysts point out that coal trade could prove to be a dampenin…
Dry Bulk Market: Could Coal Become the “Savior” of the Dry Bulk Market? Read More »