Shanghai To Invest $217M For Port Expansion
Shanghai is reportedly investing $217 million to build a man-made peninsula to expand its deepwater docks. The move, aimed at turning China's largest port into an international shipping center…
Kvaerner Makes A Play For Aker Maritime
"Aker RGI believes that the bid does not reflect the values in Aker Maritime," the company said in a statement. Aker RGI, owned by Norwegian billionaire Kjell Inge Roekke…
Ships Collide
The Greek-flagged bulker/container vessel Ivan Susanin was reportedly involved in a collision on August 6 near Southwest Pass, U.S., with the Russian-flagged freighter Anangel Endeavour.
Nigerian Dockworkers Strike
Dockworkers at the two ports in Nigeria's commercial capital Lagos staged a protest on Monday against new government measures restricting access to the docks to stevedore companies…
Lockheed Martin, Comsat Combination Completed
Lockheed Martin and Comsat have completed the strategic combination following final approval from the Federal Communications Commission (FCC). The transaction was…
Celebrity Cruises Garners Environmental Protection Award
Celebrity Cruises' Century, Galaxy and Mercury have today been awarded Lloyd's Register's Environmental Protection descriptive note. The 70,000-gt Century; 76,000-gt Galaxy…
