According to a report from Reuters, Knightsbridge Tankers Ltd reported a 16% drop in quarterly profit as ship-oversupply hurt sales. Capesizes barely covered their running costs during the first quarter. Demand was hit by the flooding in Australia and the tsunami in Japan.
This week has seen about USD 10/LDT gained across the board in ship recycling markets, says cash buyer GMS, and Bangladesh…
Russian and Indonesian ships practiced freeing a vessel captured by terrorists and fought unmanned boats during the first…
Seatrium has signed a Letter of Intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5…
The Panama Canal Authority could double in coming years the number of containers that move through the commercial waterway…
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
Gas carrier reporting presents distinctive challenges due to the specialized nature of LNG cargo. From complex loading and unloading procedures to stringent safety regulations
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