Maersk: Seized Boxship Crew Safe
Mainly Asian, E.European crew "in relatively good" state. Danish shipping company Maersk said on Wednesday the crew of the Maersk Tigris container ship were safe…
Salt, Potash Terminal at Barcelona Port
The ICL Group's Phoenix Plan is breathing new life into the centuries-old salt and potash mines located in the Bages district of central Catalonia. The project covers various fields…
HEM takeover Makes Cathelco Water Treatment Leader
Cathelco, the world leading manufacturers of equipment for ships, have acquired Hydro-Electrique Marine (HEM) the French specialists in desalinators and water treatment systems.
SFL Acquires Eight Capesize Bulkers
Ship Finance International Limited today announced the agreement to acquire eight Capesize dry-bulk carriers from subsidiaries of Golden Ocean Group Limited ("Golden Ocean").
Aker Solutions 1Q 2015 Revenue Up
Aker Solutions announced their Financial Results for the first quarter of the current calendar year. * EBIT margin ex. Aker Solutions' revenue rose 14 percent to…
MacGregor Delivers Major Winch for Korean Heavy Lift Barge
Following an order announced in October 2013, MacGregor, part of Cargotec delivered and commissioned 45 variable frequency drive (VFD) winches and a full control…
Coast Guard Foundation Donates for New Playground
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families,announced today its support…
Tin Hau Festival on 11 May 2015
Coxswains, owners and operators of local vessels are advised that arrangements for embarkation and disembarkation will only be made at the western side of the main pier of Tai Miu Wan…
Iran Seizes Cargo Ship
Iran seized a Western commercial cargo ship in the Persian Gulf early Tuesday and ordered it to sail into Iranian territorial waters. Pentagon says MV Maersk Tigris…
Finland Fires at Suspected Foreign Submarine near Helsinki
A report by the AP said that the Finnish military says it has dropped depth charges onto a suspected submarine in the sea outside Helsinki after twice detecting…
EU Adopts New Ship CO2 Reporting Rules
Members of the European Parliament (MEPs) have supported draft EU rules requiring ship-owners using EU ports to monitor and report CO2 emissions each year. The text…
MAIB Blames 'Structural Weakness' in Cheeki Rafiki Capsize
An accident report into the loss of the Cheeki Rafiki mid-way through a transatlantic crossing last May, found that undetected damage to fittings around the keel…
Cargotec to Sack 220 at MacGregor
Finnish cargo-handling machinery maker Cargotec announces savings measures in its subsidiary MacGregor to respond to the weakening market situation due to the low…
DHT Tops 1Q Forecasts
DHT Holdings declares $0.15/share quarterly dividend, 200% increase from prior dividend of $0.05. The Hamilton, Bermuda-based Company said it had profit of 25 cents per share.
Spain: 156 Passengers on Burning Ferry Evacuate
Spain's development ministry has said that a fire broke out on a ferry as it journeyed from Palma on the island of Majorca to Valencia in Spain. Spanish media reported…
