PensionDanmark, Danica Roll Out $300mln Maritime Investment Fund
PensionDanmark, Danica and Navigare Capital Partners have established the Maritime Investment Fund I, which, based on capital from the founders…
Natural Gas Fleet Sail to the Future
Natural gas is set to account for an increasing share of the global energy mix in coming years, with gas consumption growing…
Hapag-Lloyd Says Prospects Buoyed by Rising Freight Rates
German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday, citing a…
Arctic Ice Sets New Record Low for Winter
The extent of sea ice in the Arctic Ocean has set a new record low for the wintertime in a region strongly affected by long…
Damen's Mobile BWTS Receives IMO Type Approval
Damen said its mobile ballast water treatment system has received type approval from the International Maritime Organization (IMO).
Asian Spot LNG Prices Slip on Weak Demand
Asian spot LNG prices fell this week on poor demand from major gas-consuming regions despite a slew of new purchase tenders.
VLCC Rates to Remain Weak on Output, Tonnage Woes
Freight rates for very large crude carriers (VLCCs), which fell to a near six-month low on Thursday, will remain weak until…
US O&G Industry Reaps the Benefits of International Trade
Rising exports have thrown a lifeline to U.S. shale producers and refiners, giving them an additional outlet at a time when…
Trump's Navy: A Look at the Future US Navy
It’s still too early to know for certain what the new administration will do about building up the U.S. Navy, as the numbers are a moving target.
OP/Ed: Obama’s Arctic Decision Undercut His Own Legacy
On December 20, 2016, in an 11th hour unilateral action designed to cement his environmental legacy, President Obama withdrew 3.
Clean Shipping on the Great Lakes
Maritime Reporter & Engineering News recently spoke with Mark Barker, president of The Interlake Steamship Company
Ezra Holdings Files for Bankruptcy in US
Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged slump in the energy