Castor Maritime announced that on March 23, 2023, it entered into an agreement to sell a 2005-built Panamax bulk carrier to an undisclosed buyer for $13.95 million.The vessel, Magic Moon, is expected to be delivered to its new owner during the…

The commercial maritime industry is hard at work developing, testing and implementing new and innovative technologies to limit its environmental impacts. While much of the effort has focused on physical solutions such as improved hull design…

Danish shipping company J. Lauritzen said it signed letter of intent for construction of minimum two methanol dual-fuel 81,200 dwt Kamsarmax bulk carriers, which will be built by Tsuneishi Shipbuilding, Japan, and be capable of trading with zero carbon emissions when powered by green methanol…

A number of recent actions in the United States will better position the nation to meet its short- and long-term offshore wind energy targets, as outlined in the April 2023 U.S. Offshore Wind Report from Intelatus Global Partners.April brings with it the news that the U.S.