Greek Authorities Continue to Mull Cause of Ferry Disaster
Greek investigators are still struggling to shed light on why a passenger ferry hit rocks and sank, killing at least 63 people in the country's worst sea tragedy for 35 years.
Heavy Winds, High Waves Close Mexican Ports
Mexico's Pajaritos oil export terminal and Dos Bocas port, which also handles oil tankers, were both closed to shipping, the Transport Ministry said in a routine report.
IEA To Hold Emergency Board Meeting
The International Energy Agency (IEA), plans to call an emergency meeting of its governing board on October 4 to discuss the global oil situation, an official said.
Bahrain Releases Detained Ferry
Bahrain on Wednesday released a ferry carrying 150 people from Iraq to Dubai it had briefly detained after a passenger was accused of killing the ship's chief purser in an argument, officials said.
Hutchison Buy Follows Maersk Deal
Hutchison Port, a unit of conglomerate Hutchison announced earlier on Wednesday a 30 percent investment in Westport Holdings, a multi-purpose terminal in Malaysia's biggest port, Port Klang.
Oslo Bourse Releases Halt On Aker Maritime
The Oslo bourse ended an automatic matching halt of shares in oil and gas services firm Aker Maritime on Tuesday after an investigation of a 13.4 percent rise in the share price.
Poland's Stocznia Gdynia Yard To Offer IPOs
Poland's biggest shipyard Stocznia Gdynia plans to list on the Warsaw and London exchanges next June and invest its IPO proceeds in further development, a company official said on Wednesday.
Ferry Accident Blamed For Minoan's Plummeting Stock Price
Shares of ferry operator Minoan Lines fell around 11 percent in late session trade on the Athens stock exchange on Wednesday, near the bourse's 12 percent limit down…
Minoan Ferry Sinking Cited as Worst Maritime Disaster in 35 Years
Rescuers pulled bodies from the Aegean sea on Wednesday as the death toll from Greece's worst maritime disaster in 35 years climbed to at least 62. The ferry Express…