The domestic passenger vessel answers the call for cleaner and more efficient platforms. It is truly an electric time to be a part of this niche industry.In the shadow of a rapidly changing political landscape, the domestic passenger ferry sector is nevertheless seeing an increasing number of newbuild vessel orders.
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.
A crewmember reported missing from a Panamanian registered bulk carrier has been found safe on board following a dayslong search effort that involved multiple international agencies and commercial vessels.On June 25, the master of the 568-foot-long vessel Daiwan Glory issued a distress alert relayed via the Japanese Coast Guard early in the morning of June 25, 2024
In the grand tradition of American innovation, we've long been masters of the maritime domain, building advanced ships for our Navy, the preeminent force in the world. But times have changed, and seas are more treacherous than they used to be. With this, there are ample opportunities for innovators to launch a new era of shipbuilding for the 21st Century.
2023 was the first year of real recovery for owners in the offshore supply market and yet we have barely skimmed the surface of what’s to come.The market is still on an upward trajectory with charter rates accelerating month-by-month, availability changing day-by-day, leading to earnings doubling and, in some segments, tripling since the lows of 2020.
Egyptian authorities are scrambling to salvage the VSG Glory, a cargo ship that began sinking on Monday near the coral reefs off Quseir in the Red Sea Governorate after being stranded for 10 days, maritime sources told Reuters.The vessel, carrying 21 crew, 4,000 metric tons of bran, 70 tons of fuel oil and 50 tons of diesel, sustained a 60-centimeter (23.
The Baltic Sea's irst green freight corridor has been launched, allowing for the transportation of Felix ketchup to Finland with a 90% reduction in emissions. This initiative, a collaboration between Orkla Suomi, Scandic Trans, and Viking Line, features a scheduled freight service powered by biofuel.
American Liberty, the third new Coastal Cat in American Cruise Lines’ series of 100-passenger ships, was christened in Newport, R.I. this week.Built by Chesapeake Shipbuilding in Salisbury, Md., American Liberty is the newest ship in American’s ongoing Project Blue series of 12 new small ships for river and coastal cruising in the U.S.
Cathrin Prikker has been appointed President of WISTA Germany and plans to use her platform to promote empowerment, connection and dialogue in the industry.Prikker heads up waste management company Top Glory Marine along with fellow Managing Director (MD), Silke Fehr.After entering the maritime industry and seeing it was largely dominated by men
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.
American Glory, the second Coastal Cat in American Cruise Lines’ new series of 100-passenger ships, was christened in Key West, Fla. on Sunday. The ceremony took place at Mallory Square where the ship docks when visiting Key West along the company’s newest U.S. itinerary—Florida Gulf Coast & Keys cruises, operating roundtrip from St. Petersburg.Charles B.