Cammell Laird Reports Profit
British shipbuilder and repairer Cammell Laird Holdings Plc reported pre-tax profit for the year of 16.6 million pounds, an increase of 54 percent on the previous year.
Black Sea Shipping Owes $95M
Ukraine's Black Sea Shipping company has $95 million in foreign debts which the government aims to restructure and pay off by next year. The Black Sea shipping company…
Algowood Limps Into Port Weller Drydock
The Canadian-flag bulker Algowood was expected to arrive under tow at Port Weller dry docks, Ontario, on July 15. Repairs to the 31,940 dwt bulker are estimated…
BAE, VT Gets Government Contracts
The UK government threw a one billion pound lifeline to Britain's shipbuilding industry, awarding contracts for three new warships to defense groups BAE Systems…