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Monthly Archives: July 2024

Ship Recycling Market Continues to Suffer

Indian sub-continent ship recycling markets remain decidedly dicey as both currencies and local steel plate prices in India and Bangladesh declined even further this week, reports cash buyer GMS.“Vessel prices and demand take on a whole new meaning of ...
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AST Networks Expands into NavCom Systems

AST Networks has expanded into the navigation and communication (NavCom) system sector.The move reflects their commitment to providing comprehensive communication solutions that address the evolving needs of the marine industry. By integrating…
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One Dead in Maersk Frankfurt Fire

The Panama Maritime Authority (PMA) has reported that one seafarer is dead after the newly built container ship Maersk Frankfurt suffered an explosion that caused a fire while navigating the Arabian Sea near the coast of India.“The ship's operator repo...
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Russia Conducts Navy Drills in White Sea

Russian warships conducted training drills in the White Sea to convoy and defend a caravan of ships, state-run TASS news agency reported on Sunday, citing the Russian Defence Ministry, in what it said was routine combat training.During the drills two s...
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Curtin Maritime Names Sandra Grujic CFO

U.S. maritime services company Curtin Maritime announced it has appointed Sandra Grujic as its new chief financial officer and a member of the company's executive leadership team.Grujic brings a wealth of experience to the role, having previously…
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