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Maritime News
Gulf Island Reports Strong Third Quarter
Gulf Island Fabrication has reported strong third-quarter results with revenue of $51.5 million and adjusted EBITDA of $2.5 million, despite…
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Maritime News
SAAM Reports Jump in Third Quarter Performance
Towage company SAAM posted net income of US$64 million for the nine months ended September 30, 2025, 48% more than…
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Port News
Quarter of all box tonnage now deployed on Asia-Europe tradelane
The Red Sea shipping crisis – and the need to take the far longer route via the Cape of the…
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Maritime News
Western Sanctions Take Big Bite Out of Sovcomflot’s Results
Russia’s tanker operator PAO Sovcomflot is citing the impact of the Western sanctions on the company’s results. It reported…
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Maritime News
Conrad Industries Announces First Quarter 2025 Results and Backlog
[By: Conrad Industries, Inc.] Conrad Industries, Inc. (OTC Pink: CNRD) announced today its first quarter 2025 results. For the quarter ended…
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Maritime News
Report: USCG Ordered to Reduce Flag Rank by Quarter as Part of Force Design
The U.S. Coast Guard is preparing to reduce its ranks among flag officers as the latest step in the Force…
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Maritime News
Conrad Industries’ First Quarter Income Up From 2024
Conrad Industries has announced today its first quarter 2025 results with a net income of $3.9 million compared to $1.5…
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Maritime News
BIMCO: Freight Container Rates Drop 28%, Worst First Quarter in Twenty Years
Average container freight rates for Chinese exports have dropped 28% since the start of the year, according to BIMCO. This…
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Maritime News
Kongsberg Maritime Invests Quarter of a Million in Advanced Simulator
[By: Kongsberg Maritime] Kongsberg Maritime, a leading technology partner for the maritime industry announces the launch of its cutting-edge K-Sim…
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Marine World
Quarter of U.S. Gulf Oil Production Remains Offline After Rafael
Hurricane Rafael may have fizzled out, but its lingering impact on Gulf oil and gas production continues. After Hurricane Rafael…
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