According to a report from the South Whidbey Record, Nichols Brothers Boat Builders is looking at expanding its operations into Oak Harbor, Wash. in order to have a larger role in building ferries for Washington state.
A revolutionary new option to scrapping for younger panamax containerships deemed too small for a tradelane involves widening the vessel rather than adding length.
After signing an order for the construction of five new ships two weeks ago, the Italian shipowner Grimaldi Group has signed another contract for the construction
According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV.
Monthly demolition rates in the dry bulk shipping sector averaged 3.3 million DWT for 1H15, according to new figures from BIMCO, compared to 1.3 million DWT last year.
A series of interesting and extreme price spikes is going on in the shipping market today, says Clarksons, provider of global shipping and offshore market intelligence.