As European Cash Dries Up, Korean Shipyards Look at Local Financing Options
(Bloomberg) — Korea Finance Corp. has bid for its first plane-financing deal and started offering loans to shipbuilders as local companies look for new
(Bloomberg) — Korea Finance Corp. has bid for its first plane-financing deal and started offering loans to shipbuilders as local companies look for new
Four crew members from an MSC cruise ship are being treated for bacterial meningitis infections, Italian officials have confirmed. According to Italy’s
Japan’s Mitsubishi Heavy Industries says that it has successfully installed its innovative “Mitsubishi Air Lubrication System” (MALS) for the
With scores of Chinese shipbuilders struggling to stay afloat, some have been forced to diversify their offerings and look to adjacent markets for even the
An explosion on board a beached tanker in Alang, India has killed 6 workers and injured one other. The fire broke out at approximately 12.45 pm on Saturday on
Huntington Ingalls Industries set a new “personal best” last week when its Newport News Shipbuilding (NNS) division placed a 1,026-metric ton
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You know things are bad when “get-away cars” are barges that can barely get out of their own way, but apparently it’s not a problem for
Is anyone surprised that an LPG carrier covered in this much rust, also has a cloud of smoke billowing from its wheelhouse? This is the Kantika, an 80-meter
Amongst the floating trash, sea life, and immense shipping traffic found near the Strait of Malacca, a man was spotted floating in the South China Sea on
BUENOS AIRES–Uruguay’s government on Friday signed offshore exploration deals with four oil and gas companies that have committed to invest $1.65
The world’s largest wind turbine installation vessel, the 14,739 DWT MPI Adventure, strolled into the Port of Tyne in the UK on Thursday to pick up
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Sign Up(Bloomberg) — Saudi Arabian Oil Co., the world’s biggest state-owned crude producer, increased the number of supertankers it hired to haul oil to
Their trick worked. A press release on Wednesday from the Dutch NGO, Women On Waves, announced that their abortion “ship” would be arriving into
Damen Shipyards announced today the delivery of two, PSV 4500 platform supply vessels, plus another four which are currently under construction and destined
Oct. 5 (Bloomberg) — An Iranian supertanker is heading to South Korea with a cargo of oil, according to shipping data, as the Islamic republic uses
HONG KONG–A young girl hospitalized in critical condition after Hong Kong’s worst maritime disaster in a generation succumbed to her injuries late
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Employers Start Here Jobseekers Start HereHOUSTON–The U.S. Gulf of Mexico is on track to surpass by 2019 the peak production levels last seen before the 2010 Deepwater Horizon disaster, analysts
Overseas Shipholding Group, Inc. (NYSE: OSG) announced today that a new service agreement has been signed with Maersk Oil Qatar AS (MOQ) for the FSO Africa, a
(Bloomberg) — Argentina received a reminder this week that the consequences of reneging on its creditors extend far beyond the bond market. A court in
HONG KONG–Investigators are probing a number of possible causes to Hong Kong’s worst maritime disaster in 40 years, including whether the
ATHENS–Greek shipyard workers clashed with riot police Thursday after protesters stormed the country’s defence ministry in a dispute over unpaid
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