Maersk May Reward Shareholders as Oil Unit Suffers
Danish conglomerate A.P. Moller-Maersk may announce a second share buyback scheme in its 110-year history as early as Wednesday, analysts said, allowing it to
Danish conglomerate A.P. Moller-Maersk may announce a second share buyback scheme in its 110-year history as early as Wednesday, analysts said, allowing it to
The Canadian Coast Guard has freed the 26,500 gross ton bulk carrier MV Arthur M. Anderson from heavy ice on the southern shore of Lake Erie near Conneaut
On February 21, 2015, the multi-purpose cargo carrier Nordana Sky was launched from Ferus Smit Shipyard in Leer, Germany. The Nordana Sky is the first
Royal Caribbean’s second Quantum-class cruise ship, Anthem of the Seas, was floated out of the covered building dock of the Meyer Werft shipyard in
Ports are coming back to life along the U.S. West Coast after dockworkers resolved a nine-month labor standoff, though the cargo backlog from ships waiting
Malaysian shipping company MISC Berhad announced today they have acquired the newbuilding contracts of five LNG carriers under construction at Hyundai Heavy
At least 66 people died when a passenger ferry carrying more than 150 passengers and crew capsized after colliding with a trawler on a river in central
Late last November, the tanker Olympic Flag carrying 650,000 barrels of Angolan crude dropped anchor about 7 miles off the coast in Delaware Bay, a seemingly
After a fire damaged three of the six main engines on board the ENSCO 8502 drilling rig about a week ago, the rig has pulled its stack and is
The Canadian Coast Guard’s 234-foot multi-mission medium icebreaker Griffon is working this weekend to break free the 26,500 gross ton bulk carrier
The dispute had reverberated throughout the U.S. economy, extending to agriculture, manufacturing, retail and
West Coast dockworkers and their employers ended their nine-month standoff with a five-year contract deal, averting a shutdown of 29 ports that could have cost
The gCaptain Forum is a strange beast. As a social media outlet specifically for the professional maritime and offshore sector, it’s unique from other
A tanker collided Friday with a Grimaldi Lines vehicle carrier in the Westerschelde estuary in southern Netherlands near the border with Belgium. Some grainy
“The ice in the northern parts of the Chesapeake is up to a foot thick in some places,” commented Mike Reagoso, Vice President of McAllister
Intermanager and the European Community Shipowners' Association are saying that it is unrealistic for merchant ships to continue bear the burden of conducting
Britain agreed to an 859 million pound ($1.32 billion) contract with BAE Systems on Friday, giving the green light to the British defence company to continue
Negotiators in the nine-month standoff at U.S. West Coast ports are ratcheting up discussions as Labor Secretary Tom Perez seeks to move talks to Washington if
I was watching the morning news this morning and was happy to see TOTE’s new LNG-powered containerships highlighted in a TV spot for America’s
Aberdeen-based Aleron Subsea, a company that specializes in the rental and sale of remotely operated subsea vehicles (ROVs) announced today it has won a £3.1
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