Search Results for "how to buy ships"

VLCC Demolition at Low Levels in 2021 Despite Weak Rates

By The Maritime Executive

August 10, 2021

Despite more than a year of low freight rates in the oil market, tanker owners are continuing to hold on to their VLCCs even avoiding the temptation of skyrocketing steel prices offered in India, Bang...

Britain’s Largest Cruise Ship Celebrates Maiden Voyage

By The Maritime Executive

August 10, 2021

Britain’s largest cruise ship, P&O Cruises 185,000 gross ton Iona celebrated her coronavirus delayed maiden voyage with a spectacular fireworks display on August 9 off her namesake island in northern...

Hyundai Heavy Industries Targets $950 Million from Stock Offering

By The Maritime Executive

August 10, 2021

Korean shipbuilder Hyundai Heavy Industries confirmed today the details of its long-anticipated initial public offering of stock. The company is targeting raising as much as $950 million that will be...

Coast Guard Weather Warning System Offline When Seacor Power Was Lost

By The Maritime Executive

August 10, 2021

The Coast Guard hearing into the loss of the Seacor Power entered its second week with the revelation that a critical warning system operated by the Coast Guard was not functioning on the day of the a...

DESMI Opens Japan Office

By The Maritime Executive

August 10, 2021

The new office, which is a legal entity of DESMI Ocean Guard A/S, will be headed by our new colleague, Noribumi Suganuma, as of 1st August 2021. Noribumi Suganuma has 18 years’experience in the s...

ONE Collaborates with PARIS to Optimize a Greener Inland Supply Chain

By The Maritime Executive

August 10, 2021

[By: ONE] Ocean Network Express (ONE) Inland Operations and PARIS Optimal Transport Planning Solution (PARIS), a wholly owned subsidiary of Hutchison Port Holdings, have jointly announced a collabo...

Panama Selects New Operator for Balboa Shipyard

By The Maritime Executive

August 10, 2021

Panama selected the Spanish group Astilleros Canarios (Astican) to take over the operations of the Balboa Shipyard as part of a long-term plan to rehabilitate the operations of the shipyard. Restoring...

Third Fire Aboard Tanker in Syria Raises New Questions

By The Maritime Executive

August 10, 2021

For the third time in months, Syrian media is reporting a fire and possible explosion aboard a Panama-flagged tanker docked in the port of Lattakia. The somewhat mysterious tanker has at times been li...

Program Seeks to Expand LNG Supply Chain in Mediterranean Ports

By The Maritime Executive

August 10, 2021

In an effort to expand the supply of LNG at regional ports in the Mediterranean, Black, and Caspian seas, the European Maritime Safety Agency has awarded a framework contract to the classification soc...

Port of Shanghai Takes Steps to Address Container Short Supply

By The Maritime Executive

August 10, 2021

In response to the ongoing demand for empty containers and complaints from shippers of a lack of available equipment, the port of Shanghai announced a new initiative meant to speed the distribution of...

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