MSC CEO Vows to Stand Alone as Global Shipping Rivals Team Up MSC Mediterranean Shipping Co. plans to navigate volatile shipping markets independently and ruled out a new alliance months before its partnership with AP Moller-Maersk A/S ends. “We want to be independent,” Chief Executive Officer Soren Tufte said in a phone interview. “We will […]
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What is Davy Jones Ship? The Flying Dutchman was a legendary ship whose captain was tasked with transporting the souls of those who died at sea to Davy Jones Ship, where they would rest in peace under the captain’s care. The original captain was Davy Jones himself. He fell in love with the sea goddess
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A Russian ship suspected of carrying Iranian ballistic missiles was spotted at a Caspian port Satellite images shared by CNN show that a Russian cargo ship suspected of carrying Iranian ballistic missiles for Moscow’s war on Ukraine was seen at a Russian port in the Caspian Sea a week ago. Maxar Technologies identified the ship,
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Nazi ships sunk in World War II reappear in the Danube as water levels recede. The wreckage of Nazi ships loaded with explosives from World War II has reappeared in the Danube River as a result of severe drought in Eastern Europe. Historically low water levels in July and August revealed the remains near the
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Titanic Real Story: Truth Behind “Unsinkable” Ship Before the Titanic was launched on April 10, 1912, excitement was in the air. The new ship was the largest artificial moving object in the world. It had many innovative features, including compartments that could be locked remotely, which made it considered “unsinkable.” On Titanic’s maiden voyage, more
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Qatar Energy Unveils Rex Tillerson LNG Vessel Qatar Energy unveiled the Rex Tillerson vessel, marking the delivery of the first LNG vessel in its historic shipbuilding program. The Rex Tillerson vessel is named after ExxonMobil’s former Chairman and CEO in recognition of his ongoing achievements in the energy sector. The traditional naming ceremony occurred at
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Gazprom To Send Lng From Baltic Region Via Arctic To Avoid Diversion To Africa Arctic routes continue to grow as an alternative to existing trade routes. Russian gas giant Gazprom is the latest company this summer to skip the Suez Canal or reroute to Africa, instead sending a vessel to use the Northern Sea Route
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Turkish Cargo Ship Sank After Colliding With A Vessel Off The Coast Of Iran The Turkish authorities reported on September 9, 2024, that the crew of a Turkish cargo ship had been rescued after it collided with a bulk carrier off the coast of Iran. The 13 crew members of the cargo ship General Knidos
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Top Types Of Containers From the advent of the first containers in the 1950s to the present day, a wide variety of ocean and intermodal containers have emerged as a response to the logistics chain to ensure the correct handling of cargo. Key points to remember are the size and weight of the load, the
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Star Bulk Is Selling Its Oldest Vessel 1. Selling its oldest vessel, the Capesize m/v Star Triumph (built in 2004), for $20 million. The sale is expected to generate $13 million in net proceeds and approximately $7.7 million in proceeds in the third quarter of 2024. 2. Repurchasing 791,015 common shares at an average price
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