Maritime News
A floating dry dock holding a Norwegian tanker capsized Thursday afternoon at the Nauta Shipyard in Gdynia, Poland. The Nauta Shipyard said that the dry dock began listing at about 1:30 p.m. local time on Thursday and came to rest practically on its side at a depth of about 10 meters. Inside the dry dock is […]
OSLO, April 27 (Reuters) – John Fredriksen’s Frontline is switching its legal battle for control of tanker operator DHT Holdings from New York to the tiny Marshall Islands after making a fifth offer for the company this week. Frontline, controlled by Norwegian billionaire Fredriksen and owner of a 14.5 percent stake in DHT, has over […]
By Anna Shiryaevskaya and Rakteem Katakey (Bloomberg) — When Russia’s biggest tanker operator launches four new vessels next year, they won’t just be carrying oil to northern Europe but the hopes of the liquefied natural gas industry. Sovcomflot’s Aframax ships, capable of shifting 600,000 barrels of oil through the icy waters of the Baltic Sea to the […]
SINGAPORE, April 27 (Reuters) – Singapore’s Sembcorp Marine Ltd (Sembmarine) posted a 28 percent drop in its first-quarter profit as rig orders slowed and customers delayed taking deliveries. Sembmarine reported a profit of S$39.5 million ($28 million)for the three months ended March, compared with S$54.8 million a year earlier. The company, majority owned by industrial […]
By Kyunghee Park (Bloomberg) — The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South Korea’s shipyards may finally be emerging from two years of restructuring. Daewoo Shipbuilding & Marine Engineering Co., which averted a payment crisis this month after bondholders agreed to a debt revamp, said Thursday it is set to deliver […]
STANBUL, April 27 (Reuters) – A Russian naval intelligence ship sank off Turkey’s Black Sea coast on Thursday after colliding with a vessel carrying livestock and all 78 personnel on board the navy ship were evacuated, Turkish officials said. The rescued crew members of the Russian ship Liman were in good health after the collision […]
A U.S. federal judge has sentenced a Somali man to life plus 10 years in prison for his role in the unsuccessful pirate attack on the the U.S. Navy ship USS Ashland in April 2010. Mohamed Farah, 31, was one of five Somali men found guilty by a federal jury in February 2013 of engaging […]
