Venezuela’s crude exports to the United States declined to 494,400 barrels per day (bpd) in July after rising the prior three months, showing the impact of asset seizures against state-run oil firm PDVSA, according to Thomson Reuters data.July was the …
Venezuela’s Crude Sales to U.S. Fall in July Read More »
Significant moments in naval architecture & marine engineeringOn October 16, 2015, U.S. shipbuilder General Dynamics NASSCO delivered the world’s first liquefied natural gas (LNG) powered containership, Isla Bella, to domestic ship owner and operator T…
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, inched down on Friday, weighed down by lower rates for capesize and panamax vessels.* The overall index, which factors in rates for capesize…
Baltic Index Edges Down on Lower Capesize, Panamax Rates Read More »
Global satellite solutions and projects company, The AST Group, has recently opened new offices in Sydney, Rotterdam, Ecuador and Norwich, U.K. These new locations provide strategic bases for expansion in the maritime and land sectors and increase…
AST Expands on Three Continents Read More »
Following the abandoning of Drew Marine acquisition, Wilhelmsen ended the second quarter of 2018 in loss.
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Wilhelmsen Optimistic as Earnings Drop After Abandoned Drew Acquisition Read More »