VTS Slated For Hong Kong
Pacific Century CyberWorks Ltd. said its PCCW-HKT telecommunications unit on Wednesday signed an agreement to provide advanced vessel traffic monitoring systems for the Hong Kong Marine Department.
Freighter Hits Pier In Panama
The Maltese-flag bulk carrier Fortuna Europa collided with pier no.14 of the Balboa-Hutchinson terminal, Panama, on Tuesday after experiencing steering/engine problems, Reuters reported.
US Vessel Breaks Canal Record
A U.S.-flagged ship, the USNS Red Cloud, paid a record toll of $184,338.39 for passing through the Panama Canal, the waterway's administration said on Friday. The 950-ft.
Suez Canal Receipts Increase
Egypt's Suez Canal income rose to $169 million in July from $165.9 million in June and from $149 million in July 1999, the Cabinet Information and Decision Support…
Dry Cargo Rates Continue Rise In Quiet Market
Dry cargo rates continued to rise on Tuesday, but the market was quiet following Monday's Labor Day holiday in the U.S., brokers said. Cargill chartered the Ken Pan built in 1984 to ship 31…
FirstWave/Newpark Shipbuilding Awarded Contract by GLM
FirstWave/Newpark Shipbuilding has been awarded a contract from Global Marine Drilling Company of Houston, Texas for final commissioning of drilling equipment and…
France Says Erika Pumping Complete
Clean-up vessels have completed pumping oil from the sunken tanker Erika off France's Atlantic coast, the French Transport Ministry said on Tuesday. "Today, risks…
