Indonesian Shipper Trada Maritime At Risk of Default on $31 Million Debt
JAKARTA, June 5 (Reuters) – Indonesian shipping company PT Trada Maritime Tbk is at risk of defaulting on its debt of around $31 million to the
JAKARTA, June 5 (Reuters) – Indonesian shipping company PT Trada Maritime Tbk is at risk of defaulting on its debt of around $31 million to the
The chilling film was shot aboard The Pocahontas, also known as The Danny, using GoPro HD cameras as it sank in Lake Worth in Florida [in February
The electrification of Norwegian oil platforms in an area of the North Sea with power from the shore must be completed by 2022, the country's parliament said
By Ben Bain and Nacha Cattan June 4 (Bloomberg) — Oceanografia SA Chief Executive Officer Amado Yanez posted bail after his arrest on charges related to
At the Posidonia conference being held this week in Athens, Greece, Capital Ship Management Corporation announced a new Joint Development Project with
A.P. Møller – Mærsk A/S announced today the successful completion of a USD $5.1 billion syndicated revolving credit facility with a selected group of
OSLO, June 4 (Reuters) – Norway’s Statoil has cancelled a rig contract with Diamond Offshore Drilling Inc eight months earlier than expected, a
Rem Offshore announced today a contract has been signed with VARD for the design and construction of a new immensely powerful offshore construction and
Iron ore shipments from Australia’s Port Hedland expanded to a record in May as mining companies boosted output, helping to push benchmark prices to the
Cal Dive has come a long way since its founders pioneered mixed gas diving in California’s offshore oilfields back in the early 1960s at incredible risk
This weekend’s hijacking of an oil tanker in Southeast Asia follows a broader pattern of crime in the region, security experts
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Greek ship owners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts,
European Union antitrust regulators have approved an alliance planned by world No. 1 container shipping company AP Moller-Maersk and another that includes
On 2 June, Lamprell, the UAE-based rig builder delivered the GustoMSC NG5500C design jack-up rig Hydra to its client Seajacks on June 2nd. Loaded on to a
Two U.S. lawmakers will introduce legislation on Tuesday to end restrictions on international food aid programs, which they say would free up hundreds of
Following the loss of over 500 containers this February from the containership Svendborg Maersk during a storm in the Bay of Biscay, French maritime
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Dutch companies have started a weeks-long operation to raise the Baltic Ace car carrier, which collided with a cargo ship in 2012, killing 11 crew and sending
ABC6 – Providence, RI and New Bedford, MA News, Weather A tugboat that had been reported stolen from the Oyster House pier in East Providence, Rhode
June 3 (Bloomberg) — Since Indonesia banned ore exports, the global nickel industry has been rocked by surging prices, Chinese workers like Zhang Qi
By Nayla Razzouk and Khalid Al-Ansary June 3 (Bloomberg) — An oil tanker shipping crude from Iraq’s semi-autonomous Kurdish region turned back after
Five fishermen were rescued Sunday from the icy waters of Notre Dame Bay off the northeastern coast of Newfoundland after abandoning their fishing vessel, the
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