The financing for the ships consists of company funds, bilateral mortgages, leasing, and a syndicated credit facility.

Major Greek container ship player Danaos Corp has resumed ordering newbuildings just six months after saying it would take a ...

Apart from the boxships it has on order at Huangpu Wenchong and DSIC, Danaos has seven 8,258-teu vessels under construction at Singapore-listed Yangzijiang Shipbuilding and a single 6,000-teu ship at ...

The Allianz Safety and Shipping Review 2024 found that “fire remains a major cause of loss for large vessels” and reported ...

The fire risks themselves, she said, remain a huge concern for the marine industry, including insurers and brokers. The ...

A long queue of inbound vessels has formed at the outer anchorage of Chattogram port as sufficient berths are unavailable due ...

Veson Nautical, a provider of maritime commercial management and trading software solutions, has reported that the Chinese ...

The Islamic Revolution GuardCorps Navy (IRGCN) commissioned its first ship with a flight deck for fixed-wing unmanned aerial ...

The US-listed shipowner took delivery of 12 vessels in 2024, including three Aframax/LR2 tankers and nine 5,300-TEU container ...

JaxPort, JEA. city and state will share cost for raising river-spanning transmission lines. Helicopters will be part of ...

Experience the heavy-duty action of big scale RC transport trucks as they move massive loads, including a container ship, with incredible precision and power. These RC machines showcase their ...

Panama President José Raúl Mulino has rejected the U.S. State Department’s claim that his country had reached a deal allowing ...