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TEN Sees VLCC Newbuild Values Double as It Heads for Milestone Year

TEN Sees VLCC Newbuild Values Double as It Heads for Milestone Year

Tsakos Energy Navigation is seeing the value of its tanker newbuildings surge, as the company expects 2026 to be a milestone year for revenues. The US-listed Greek owner reported record gross revenues of 551.4 million do…

Fri Sep 11 20268 min
Marine Services Chief Urges Owners to Stop Shopping Around on Contracts

Marine Services Chief Urges Owners to Stop Shopping Around on Contracts

OSM Thome's chief marine services officer Pia Meling has argued that shipping's habit of seeking three quotes for every job is starving the technology the industry claims to want. Speaking at SMM in Hamburg, Meling made…

Fri Sep 11 20268 min
Inland Waterways Transportation Under Chronic Climate Risk

Inland Waterways Transportation Under Chronic Climate Risk

Global and regional inland waterway transportation is increasingly being impacted by regular low-water restrictions due to lengthy droughts across continents, according to logistics insurer TT Club. Operations have been…

Fri Sep 11 20268 min
Alberta Shipmanagement Resumes Minicape Acquisitions and Expands Tanker Orderbook

Alberta Shipmanagement Resumes Minicape Acquisitions and Expands Tanker Orderbook

Greek shipping company Alberta Shipmanagement has resumed acquisitions in the secondhand market while confirming an extensive newbuilding programme. The Inglessis family-led firm has emerged as the new owner of the 119,4…

Fri Sep 11 20268 min
Kongsberg Maritime Wins Kamewa Waterjet Contract for Australian Army Landing Craft

Kongsberg Maritime Wins Kamewa Waterjet Contract for Australian Army Landing Craft

Kongsberg Maritime has entered into an agreement with Austal Defence Shipbuilding Australia to supply Kamewa Steel Series waterjets for the Australian Army's new Landing Craft Medium fleet. Under the agreement, the compa…

Thu Sep 10 20268 min
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