According to a report from Reuters, Knightsbridge Tankers Ltd reported a 16% drop in quarterly profit as ship-oversupply hurt sales. Capesizes barely covered their running costs during the first quarter. Demand was hit by the flooding in Australia and the tsunami in Japan.
Royal Caribbean Group raised its annual profit forecast for a second time and beat expectations for first-quarter profit and revenue on Thursday…
The U.S. Department of Energy (DOE) has released its latest report in the Pathways to Commercial Liftoff series, describing how the U.S.
ClassNK has released a new tool, WAve Climate Data Aggregation for Ships (WACDAS), for calculating the route correction factors…
US Secretary of the Interior Deb Haaland has announced that the Bureau of Ocean Energy Management (BOEM) and the Bureau of…
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
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