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Wednesday, June 23, 2021

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Pensacola

Posted to Maritime Musings (by Dennis Bryant) on December 9, 2011

Pensacola is the westernmost city in Florida, nearly extending into Alabama. It is the homeport for a number of fishing vessels and small passenger vessels. One of its claims to fame is that it is the site of the first European settlement in…

Not much to look forward to this year for oversupplied carriers

Posted to Far East Maritime (by Greg Knowler) on April 29, 2011

The first quarter results have been coming in over the last month and they are a mixed bag of good, bad and ugly. Good would be China’s Cosco Shipping, a subsidiary of the country’s largest shipping firm China Ocean Shipping (Group) Co, which announced a 150 percent increase in net profit.