A tentative settlement has been reached in which two containerships that were accused of causing damage by dragging their anchors across a southern California oil pipeline will pay $45 million which will be used to compensate fishermen, residents, and local businesses.
The shipping industry is working to come to grips with the IMO’s Carbon Intensity Index (CII) and its potential impact on the operation of in
OceanPal Inc., a global shipping company specializing in the ownership of
Costamare Inc. reported unaudited financial results for the fourth quarter (“Q4
World's largest naval shipbuilder is expanding the PLA Navy's fleet at a rapid pace China State Shipbuilding Corporation (CSSC) has selected a new chairman to fill a year-long vacancy, and it has chosen an executive with a background in China's defense establishment.