State Unveils Future for Ferries
Washington State Ferries officials presented their idea of what the future holds for the Kingston ferry terminal. Ridership on the Kingston-Edmonds route is expected…
Port Security Raises Cost Concerns
While acknowledging concerns to the daunting problem of guarding America's ports, the government is pursuing new technology to protect the nation. But some business…
Aviva Sells RAC Fleet Businesses
Aviva sold its RAC fleet businesses in a deal worth $159.3m. The deal involves a fleet of 27,000 vehicles, which have been bought by shipbuilding and support service group VT…
TOPAZ Explores Investment in Azerbaijan
A Topaz delegation consisting of Board Directors and Senior Management were in Azerbaijan in the Caspian region to hold discussions with State Oil Company Azerbaijan Republic (SOCAR).
Natural Gas Economy Declining
On the brink of the 21st century, a group of energy experts peered into the future of natural gas, and what they saw was quite promising. To satisfy growing demand…
MISC Sees Record Freight Rates
Business Lines report that MISC Bhd has experienced its best performance over the past 20 years in the chemical shipping market. Freight rates for shipping chemicals…
CNOOC Signs Deals in Kenya Exploration
CNOOC Ltd. has signed production-sharing contracts for six blocks in Kenya, marking the company's first exploration foray into East Africa. The agreement was signed by CNOOC Africa Ltd…
Remarks of FMC Chairman on Liner Shipping Outlook
The US Federal Maritime Commission (FMC) released the speech delivered by Chairman Steven R. Blust regarding the liner shipping market and regulatory change. He…
Delaware Bay Oil Spill Update
The owners/managers of the Bermuda Islander, a Netherlands registered 340-foot container vessel, have activated The O’Brien’s Group, a spill management consultant…
DHS Release Maritime Infrastructure Recovery Plan
The US Department of Homeland Security released the 63-page Maritime Infrastructure Recovery Plan. The plan provides a standardized procedure for restoration of…
Two New Reefer Vessels for Eimskip
Eimskip has entered into shipbuilding contracts for the construction of two reefer vessels. The investment is supporting the company strategy to be a supplier of…
