Spark30S Atlantic freight rates dropped by $750 to $24,000 per day, and Spark25S (Pacific) remained steady at $21,750 per day, Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday.

The U.S. Coast Guard and partners have been responding to the grounding of the 623-foot, Bahamas-flagged self-unloading bulk carrier Algoma Verity. At 6:30 p.m., Wednesday, Coast Guard Sector Delaware Bay watchstanders received

Confirming a trend recently noted by Clarksons, the latest data from DNV’s Alternative Fuels Insights (AFI) platform shows that 2024 drove a significant rise in orders for alternative-fueled vessels. Even without counting

Maritime communications and connectivity company Navarino Group has acquired Dutch internet connectivity and IT solutions provider to the maritime industry Castor Marine.Castor Marine will continue to operate independently within the Navarino Group…

Mitsui O.S.K. Lines (MOL) has named its newbuilding LNG carrier MOL Azure, set to sail for TotalEnergies under a time-charter contract.The MOL Azure vessel was ordered by a wholly owned subsidiary of

The 2024 represented an unprecedented year for maritime industry when it comes to orders for alternative-fueled vessels, driven mainly by liquefied natural gas (LNG), according to the latest data from DNV’s Alternative