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ZURICH -(Dow Jones)- Power and technology group ABB Ltd. (ABBN.VX) is preparing for uncertain economic times ahead, its Chief Executive Joe Hogan said.

Summary of Maritime Crime and Piracy for Period October 20 – 26, 2011.  Summaries provided by ONI. INDIAN OCEAN-EAST AFRICA INDIAN OCEAN: Cargo ship (HR

By Nathan Hodge Deficits, jobs and defense are shaping up as a single issue on Capitol Hill: In recent days, opponents of military spending cuts have issued

Marine and offshore e-marketplace, ShipServ, this week released the results of its annual Internet Use in Shipping Survey at the SmartShipping conference in

By Ryan Tracy And Angel Gonzalez, The Wall Street Journal WASHINGTON—BP PLC on Wednesday got permission to drill its first well in the Gulf of Mexico

By Richard Spilman Taking shape in the Hyundai shipyard in Ulsan, Korea is an engineering marvel. The Dockwise Vanguard, previously referred to as the

Norwegian conglomerate Kongsberg Gruppen ASA (KOG.OS) Wednesday reported a net profit of NOK381 million, up from NOK363 million, and said a strong influx of

Hurricane Rina, now churning in the Caribbean north of Honduras, is expected to become a major hurricane as soon as late Tuesday and strike the eastern shores

One of the world’s most prolific shipbuilders, Daewoo Shipbuilding and Marine Engineering (DSME), located in Okpo, Korea, hit their sales target for this

By Somalia Report, After sources close to pirate groups claimed over the weekend that a ransom had been paid for the MV Iceberg, pirates on board the vessel

Transas Group said this week that it has developed a unique anti-piracy simulation training program to help schools provide students with relevant techniques

***UPDATE***  The Associated Press retracted their story on this today, apparently things aren’t what they seem.  We will keep you posted with any

By Kevin J. Walsh The World Trade Organization estimated that the United States of America imported $1,936 trillion worth of goods in 2010 (WTO, 2010), more

By Alexis Flynn, Wall Street Journal LONDON—BP PLC shares rose in early trading Tuesday after the U.K. energy giant reported solid earnings and announced

By Alexander Rose, Wall Street Journal On April 28, 1789, mutineers commandeered HMS Bounty, en route from Tahiti to the West Indies with a cargo of breadfruit

After 11 days of survey and sampling using both the latest in technology and physical sampling, no oil remains were found on the sunken World War II tanker, SS

HONG KONG–Over 70 commuters were injured–some seriously–after their passenger ferry crashed into a mooring pillar after departure from an

Here is the list of jobs currently posted on the gCaptain job board.  If you are an employer and would like your open positions listed on this weekly post

SEOUL (Dow Jones)–South Korean shipping-to-shipbuilding conglomerate STX Group said Sunday it won’t seek large-scale merger and acquisition bids

By Aweys Cadde, Somalia Report Police from Somalia’s semi-autonomous state of Puntland have arrested 15 suspected Somali pirates as they planned to