d’Amico International Shipping S.A. (Borsa Italiana: DIS) said its operating subsidiary d’Amico Tankers D.A.C. (Ireland) exercised its purchase option on the MT Crimson Pearl, a 50,000 dwt medium-range product tanker vessel built in August 2017 by Minaminippon Shipbuilding Co., Ltd., Japan, for a consideration of approximately $31 million with delivery expected between September and October 2024.
As companies approach the exploitation phase of Deep Sea Mining, one critical factor is the transportation of mineral ores from the mine site location to onshore refineries While this may appear to be a relatively simple step, involving conventional bulk ore carriers and standard procedures
Norwegian Cruise Line (NCL) has chosen the port terminals of the province of Colón and the province of Panama (Panama Cruise Terminal) as home ports.Between December 2024 and December 2025, there will be four NCL embarking/disembarking operations there for the Norwegian Jade and Norwegian Gem.
The Great Lakes Towing Company (GLT) on Monday unveiled plans to roll out a new breakbulk and RoRo shipping service serving the Caribbean.The Cleveland, Ohio-based company announced the formation of Great Lakes East (GLE), effectively reactivating Crimson Shipping Company’s former domestic and international marine transportation business, based out of Mobile, Ala.
Humans have sailed the world’s oceans for thousands of years, but they haven’t all reached port. Researchers estimate that there are some three million shipwrecks worldwide, resting in shallow rivers and bays, coastal waters and the deep ocean. Many sank during catastrophes – some during storms or after running aground, others in battle or collisions with other vessels.