UK Will Force Fridman to sell N.Sea Assets
Britain is ready to force the sale of Russian oligarch Mikhail Fridman's recently acquired North Sea energy assets unless it receives unspecified assurances within the next week…
Bulker Loses Power, Runs Aground
The U.S. Coast Guard is monitoring a vessel that lost propulsion and briefly grounded in the vicinity of Welch Island, Wednesday. The crew of the 738-foot bulk carrier…
GOST to Unveil New Products at MSE Conference
GOST (Global Ocean Security Technologies),announced today that it will highlight its newest commercial maritime products at the 2015 Maritime Security East conference in Jacksonville…
General Dynamics Board Increases Dividend
The board of directors of General Dynamics today declared a regular quarterly dividend of 69 cents per share on the company's common stock, payable May 8, 2015, to shareholders of record on April 10.
MacGregor Wins Chinese Shipyard Order
MacGregor, part of Cargotec, has received an order from Wuhu Xinlian Shipyard in China for eight MacGregor dry bulk cement handling systems. The fully automated…
BIMCO Environmental Performance Guide
BIMCO today launched a new, multi-part guidance resource to support ship owners and operators in improving their environmental performance and the efficiency of their ships.
Coastal Interceptors for Kuwait Coast Guard
Following an extensive evaluation protocol, the Kuwaiti Ministry of the interior has placed an order with Tampa Yacht Manufacturing LLC based in Florida – U.S.A…
Ensco Announces Cash Tender Offer
Ensco plc announced today that it has commenced a cash tender offer to purchase any and all of its outstanding 3.25% Senior Notes due 2016 (CUSIP No. 29358QAB5).
Ships Can’t Cope with Flow of Immigrants in Mediterranean
The number of migrants crossing the Mediterranean is putting a "disproportionate" burden on the shipping industry, threatening the tradition of maritime rescue, says another report in AFP.
Arctic on Thin Ice
Arctic sea ice - the ice that freezes and floats on Arctic waters - is thinning at a steadier and faster rate than researchers previously thought, a new study finds.
Egypt on a War Footing to Expand Suez Canal
The Suez Canal Authority is in a race to quickly expand the vital waterway for two-way traffic by August 2015, says an Associate Press report. Workers dig round the clock on Suez Canal expansion…
Vancouver Port Fire Leads To Evacuation
A chemical fire at a Vancouver container terminal led to a partial evacuation of Canada’s largest port for several hours Wednesday afternoon, as a cloud of white…
Indian Port Workers to Launch Indefinite Strike
Port and dock workers in India are planning to go on an indefinite strike starting March 16th – they are protesting the government’s move to corporatize major ports.
Massive Rent Hike at Port of Melbourne
The Port of Melbourne Corporation has told DP World Australia that it wants to increase rent at the terminal by up by 800 per cent of the current amount, reports local media.
6 NATO Ships Begin Joint Black Sea Exercise
Six NATO warships, including Turkish, Bulgarian and Romanian vessels, have arrived to the Black Sea to start joint training exercises. NATO ships assigned to Standing…
Gulf Craft Makes a Splash with New Luxurious Yachts
UAE-based yacht and boat builder, Gulf Craft has made three global launches of latest super yacht - the Majesty 122, the Nomad 65 and 75 from the new collection…
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