Maersk To Pay $100 Million Less For New Triple-E’s
A.P. Moller-Maersk will pay about $100 million less than predicted for 20 mega-size container vessels ordered from Korea's Daewoo Shipbuilding & Marine
A.P. Moller-Maersk will pay about $100 million less than predicted for 20 mega-size container vessels ordered from Korea's Daewoo Shipbuilding & Marine
Five people now under investigation for the May 7 incident at the Port of
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the fifth straight day on Wednesday, as
MAIB report on the investigation into the structural failure and foundering of the general cargo ship Swanland in the Irish Sea with the loss of six crew on 27
The M/V Asian Express, a Maldives-flagged general cargo ship, had suffered an engine failure and was adrift for two days in heavy weather about 200 miles west
Incat Crowther and Marine Engineering Consultants (MEC) have started on the construction of a 24m long-range catamaran patrol vessel that will work to protect
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After two days trapped in freezing cold water and breathing from an air bubble in an upturned tugboat 30 meters below the surface, Harrison Okene was sure he
The U.S. Energy Information Administration said on Tuesday it expects greater losses in Gulf of Mexico oil and natural gas production from tropical storms than
South Korean container shippers are joining a wave of their international peers in giving up on Iranian business ahead of new U.S. sanctions in July, adding to
Drybulk shipper Excel Maritime Carriers Ltd intends to file for Chapter 11 bankruptcy making it the latest victim of a downturn in the shipping
The president of a Louisiana towing company is facing up to five years in prison after pleading guilty to using his personal and business accounts to fund
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Spot rates to ship liquefied natural gas will be unprofitable in the next two years as shorter voyages curb demand and new vessels join the fleet, according to
The surplus of tankers competing to ship 2 million-barrel oil cargoes from ports in the Persian Gulf expanded for a second
Ten crew members were rescued from a new Indian-flagged cargo ship following a maiden voyage engine failure that left the vessel stuck off the Konkan coast in
The U.S. may ban ships from entering Nigeria to protest insecurity in the ports and waterways of sub- Saharan Africa’s second-biggest
Two years after Tim Taylor and Christine Dennison put up $750,000 to find and document the R-12, and 70 years after the vessel sank, the two explorers are
First photos showing the Maersk Triple-E
News sources around the world are reporting the Chinese company, HK Nicaragua Canal Development Investment Co. Ltd., is fast-tracking plans with the
Last Wednesday I wrote an article about the epidemic, more like trend to be exact, of Greek shipping companies issuing preferred shares to boost their equity
OSLO, June 10 (Reuters) – Malaysian offshore oil services firm Yinson Holdings Bhd is bidding $170 million for Norwegian shipping firm Fred. Olsen
Teekay LNG Partners L.P. (NYSE:TGP) has announced that it has entered into two, five-year time-charter contracts with Cheniere Marketing, LLC to provide them
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On the south bank of the Parramatta River, 16 kilometers west of Sydney, is Homebush Bay. Established in the 1800s the area served various purposes until 1970
(Note: Click HERE to visit our forum for the full discussion of this article) UPDATE Jan. 24, 2013: Cannibal Rat-Infested Ghost Ship Story Hijacks the Internet
Jahre Marine AS signed a new building contract today with the chinese shipyard Avic Dingheng for building the first seagoing LNG carrier for bunkering and
(Bloomberg) Rates for ships hauling coal and grains posted the longest losing streak on record as the merchant fleet’s largest glut magnified seasonal
(Reuters) STX Pan Ocean – owner of 97 bulk vessels, 249 chartered-in ships and open contracts for 28 newbuilds – filed for court receivership on
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