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Tough Times in the Tanker Markets – General Maritime Bankruptcy and Continued...
Last month we posted that tanker charter rates were at the lowest they have been in 14 years and that the number of large tankers in lay up was approaching levels similar to those during the slump in...
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Update: Brig Astrid Bound for the Scrap Yard
On July 24th, the Dutch sail-training brig Astrid sank after running aground on rocks on the Irish coast on the western mouth of Oysterhaven, near Cork. On September 13th, the ship was lifted off...
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