NYK revised its recurring profit forecast for the first half its financial year, 1 April 2022 – 30 September 2022, to JPY720bn ($5.19bn) from JPY440bn…
St. Johns Ship Building was recently acquired by Americraft Marine Group, a maritime subsidiary of the US-headquartered privately-owned business group, the Libra Group which has…
The U.S. Justice Department's mission to seize Russian megayachts has an air of glamor rarely found in the world of sanctions enforcement, but the capture…
Orders for LNG-fueled ships are rapidly growing reaching new highs as the shipping industry seeks a near-term step toward addressing its goals of reducing emissions…
S hip owners have been quite active in both the newbuilding and S&P markets over the past week. In its latest weekly report, shipbroker Allied…
T he International Maritime Organisation’s (IMO) attempts at curbing the emissions of Shipping have been in the headlines for nearly a decade. Their flagship policy,…
On June 16, 2022, the Commandant of the U.S. Coast Guard, Office of Design and Engineering Standards (ENG-3) published a Maritime Safety Information Bulletin No.…
On Monday, India’s Kerala high court ordered the seizure of a Russian vessel MV MAIA-I, owing to non-payment of fuel-related charges amounting to almost Rs…
Silversea Cruises of Royal Caribbean Group has acquired its newest expedition cruise vessel, the Endeavour, for $275 million as the brand continues expanding its expedition…
Credit: Edda Wind
Edda Wind’s new Service Operation Vessel Edda Goelo (C416) was launched at Astilleros Balenciaga shipyard in Spain on Friday.
Edda Goelo will serve…