Topline The Pentagon said Monday it has made significant headway in recovering debris from the Chinese spy balloon shot down off the coast of South Carolina earlier this month—as the White House has y...
Tag: vessels
Golden Ocean Group Buys Six Newcastlemax Vessels For $291M
Golden Ocean Group Ltd (NASDAQ: GOGL) said it has agreed to acquire six modern 208,000 deadweight tons (dwt) vessels equipped with exhaust gas cleaning systems for $291 million. The newly-acquired ves...
West Coast ports reduce idling vessels as container supply increases
The queue of vessels waiting to unload goods at the Port of Los Angeles, North America’s busiest container port, has fallen 80% since the start of the year as global container prices continue to...
Russia’s Black Sea Fleet Needs Boats. Captured Ukrainian Vessels Might Be Just The Thing.
An ex-Ukrainian ‘Gyurza’ in Russian service. Photo via social media The Russian navy’s battered Black Sea flotilla is so desperate for hulls that it’s begun putting its sailors on boats it...
LNG Vessels Idling Off Top Exporter Qatar Worsen Global Shortage
(Bloomberg) — The number of empty liquefied natural gas tankers outside one of the world’s biggest exporters of the fuel has risen to the highest in almost a year, exacerbating a global shortage...