The tanker market ended 2018 on a soft note, as overall sentiment retreated, OPEC said in its latest monthly report. Following gains in the tanker market registered in November, a softer sentiment was witnessed in December with average dirty tanker spo…
Tanker Market Softens in December Read More »
Nowadays, information security is considered as one of the most fundamental and critical factors that evaluates the reliability and availability of a computer system or an ICT environment. Information and communications technology (ICT) has induced a s…
Cybersecurity and Maritime Industry Read More »
While the fourth quarter of 2018 didn’t live up to expectations, especially for the Capesize segment, it seems that ship owners can take heart in the fact that newbuilding orders were also significantly reduced, which is a quite significant silve…
Dry Bulk Market “Flat Lining”, but Fundamentals Are Solid Says Shipbroker Read More »
Aegean Marine Petroleum Network Inc. (NYSE:ANW) (“Aegean” or the “Company”) announced that the U.S. Bankruptcy Court for the Southern District of New York (the “Court”) has approved its revised final motion related to $535 million in aggregate Debtor-i…
Aegean Marine Petroleum Network Inc. Expects Quick Emerge from Chapter 11 Read More »
Newbuilding ordering activity has started to pick up pace of late, while S&P deals are also on the rise, with more and more owners looking to conclude business deals. In its latest weekly report, shipbroker Allied Shipbroking said that “despite the…
Newbuilding Activity Rather Brisk, Whle S&P Deals on the Rise as Well Read More »