March 13, 2023
$2.8 Billion Contract Awarded for New Concrete Dry Dock at Pearl Harbor Naval Shipyard

$2.8 Billion Contract Awarded for New Concrete Dry Dock at Pearl Harbor Naval Shipyard

The U.S. Navy's engineering systems command has awarded a $2.8 billion contract for the construction of a new concrete dry dock at Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNSY & IMF).The $2,839,880,250 firm-fixed-price task order…
March 13, 2023
Ship Recycling Market Remains Strong

Ship Recycling Market Remains Strong

Recycling markets remain firmly poised for another week, following a stunning resurgence by the Bangladeshi market (in particular) that leaves them atop the price rankings board.Levels close to and even over $600/LDT are now being regularly…
March 13, 2023
Eight Dead as Fishing Boats Capsize off San Diego in Apparent Smuggling Attempt

Eight Dead as Fishing Boats Capsize off San Diego in Apparent Smuggling Attempt

At least eight people have died after two fishing boats capsized off the coast of San Diego, California, in an apparent migrant smuggling operation, emergency officials said on Sunday.San Diego emergency crews began a search and recovery operation late Saturday night…
March 13, 2023
S&P Global Buys Firm to Bolster Capability to Track Commodity Shipments

S&P Global Buys Firm to Bolster Capability to Track Commodity Shipments

S&P Global Commodity Insights said on Monday it had acquired UK-based technology firm Tradenet and its live vessel-tracking platform Market Intelligence Network (MINT) to bolster its capability to track and analyze commodity shipments. Demand…
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