Fishing Vessel Sinks Off Sesimbra : Six Rescued, One Crew Member Missing
A fishing vessel sank off the coast of Sesimbra, Portugal, south of Lisbon, on Friday, September 11, leaving one crew member missing. Seven people were reportedly on board the fishing vessel when the accident happened. Six crew members were rescued from the water by another fishing boat, while one Indonesian fisherman remains missing. The Portuguese […]
Oil Tankers Are Earning Over $800,000 a Day Amid Middle East Crisis
VLCC owners are currently enjoying one of the strongest tanker markets seen in recent history. Daily earnings have reached extraordinary levels as the conflict in the Middle East and restrictions around key shipping routes create major uncertainty for crude oil transportation. For tanker owners, this is an opportunity that may not come around often. However, […]