Danube Shippers Catch A Break
Put in financial peril because of NATO bombing against Serbia which literally blocked its source of business, Danube shippers and port operators received good news…
Frontline To Seek NYSE Listing
Norwegian tanker group Frontline said on Tuesday strong charter rates boosted nine-month pre-tax profits to a record and that it was considering seeking a listing on the New York Stock Exchange.
Tanker Repair Completed
A tanker carrying 500,000 barrels of gasoline, the Bear G, is expected to start a journey back to the New York Harbor November 10 after completing repairs to a leaky hold in a Canadian port…
Remote Minehunting System Passes Critical Test
Lockheed Martin Integrated Systems announced the successful completion of the first Critical Item Test (CIT) required for development and fielding of the AN/WLD-1(V)1 Remote Minehunting System.
Tanker Sinking Could Expedite New Ship Rules
As the International Maritime Organization grapples with the issue of the phasing in of safer tanker tonnage around the world, local political pressure in France…