Petromarine Calls Upon Niestern Sander
French shipowner Petromarine has ordered Niestern Sander to construct a third tanker wider than 52 ft. (16 m). Built under hull no. 813, the 12,200-dwt vessel is…
Capesize Holds Steady, Panamax Drops
Capesize rates remained very steady worldwide, but panamax rates were weaker in the Atlantic, brokers said. There were unconfirmed reports that Navix had fixed Belmaj 149…
Daewoo Split Predicted To Add Value
The splitting of Daewoo Heavy Industries into three firms should boost shareholder value, analysts said. The companies will eventually benefit from the split, analysts said…
Cruise Council Unanimously Adopts New Safety Policies
The 17-member cruise lines of the International Council of Cruise Lines (ICCL) submitted to the International Maritime Organization (IMO) three new policies addressing…