Containership Collide
Two containerships collided on Thursday near the northern entrance to Turkey's Bosphorus straits, forcing the crew of one to abandon its vessel. It said the 2,258-gt Turkish-flagged Akaylar-2…
Kashagan Operator Pick To Come Soon
Kazakhstan's first deputy prime minister expects OKIOC, a consortium exploring the giant offshore Kashagan oil deposit, to appoint a project operator within two weeks.
Cammell Laird Shares Fall On News
Shares in Cammell Laird fell nearly nine percent on Thursday after news the British shipbuilder's $500 million contract with U.S. firm Luxus was at risk, threatening…
Kirby Enters Tank Barge Deal With Dow
Kirby Corp. entered into a long-term lease with a subsidiary of The Dow Chemical Co. for 94 inland tank barges. The lease agreement is expected to be marginally additive to Kirby's earnings…
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