Vessel operating company New Trade Ship Management S.A. and chief engineer Dennis Plasabas pleaded guilty in San Diego for maintaining false and incomplete records relating to the discharge of oily ...
LIMASSOL, Cyprus, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that it has entered, through a ...
Mr. Norton addressed the persistent discount between Star Bulk's stock price and Net Asset Value (NAV), a common issue in the shipping industry. He emphasized that NAV—based on actual vessel values—is ...
A European team of researchers is developing modular wind-solar hybrid and tilting wing wind power technology to reduce fuel consumption of long-distance cargo vessels in a three-year project that is ...
A first-of-its-kind initiative, Mitsui O. S. K. Lines (MOL) of Japan and Chevron shipping company selected an LNG carrier to integrate Wind Challenger, a wind-assisted system on its new vessel. This ...
Star Bulk operates a large, young fleet, but Q1 2025 results highlight fragile profitability despite merger synergies and cost savings. Valuation is unattractive compared to peers, with EV/EBITDA and ...
Houthis claim responsibility for attack on Greek bulk carrier They say Liberian-flagged Magic Seas sank, manager says not verified Crew arrive safely in Djibouti Second Greek vessel attacked off Yemen ...
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