The parent company of Costa Cruises, Carnival Corporation, which owns the Costa Concordia has issued the following statement regarding the incident. Here it is in its entirety. On January 13, [...]
Upon departure from the port of a Giglio, an island off the northwestern coast of Italy, the cruise ship Costa Concordia struck a reef, tearing a 50 meter-long gash in [...]
UPDATE: The captain of the cruise ship COSTA CONCORDIA has been arrested by Italian police as an investigation into Friday night’s grounding is launched. Read: Updated: Cruise Ship Costa Concordia [...]
This video released today by the Pentagon shows Iranian naval patrol vessels “harassing” the USS New Orleans while sailing in the Strait of Hormuz on January 6. In the video [...]
Total and its joint venture partner INPEX Corporation today announced that they have taken the final investment decision for the Ichthys liquefied natural gas (LNG) project in Australia, representing an [...]
The chemical tanker MT FAIRCHEM BOGEY has been released by Somali pirates just five months after it was hijacked, according to a report by the Somalia Report. The tanker made [...]
With power generation, grids and networks constantly expanding, the need for additional efficient and environmentally friendly power has never been greater. Technologies based on direct current (DC) power can dramatically [...]
LONDON -(Dow Jones)- Brazilian iron ore producer Vale SA (VALE) will likely wait until the end of the Lunar New Year to sell a massive cargo of iron ore that [...]
Port of Singapore continued to register good growth in all areas despite a challenging year for the maritime industry Amid uncertainty in the global economy as well as challenges faced [...]
At first light on 12 January 2012, having just completed the escort of a World Food Program ship carrying food-aid into Somalia and while operating close to the Somali port [...]
Oman Shipping Company S.A.O.C. (OSC) took delivery of one of their latest Very Large Crude Carrier (VLCC) the DABA, at Hyundai Heavy Industries co. Ltd’s (HHI) Yard in Ulsan, South [...]
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