Crew of Sunken Minoan Ferry to be Charged With Manslaughter
Greece launched manslaughter proceedings today, Thursday, September 28, against five members of the crew of the ferry Express Samina and pledged harsh punishment…
Greek Authorities Continue to Mull Cause of Ferry Disaster
Greek investigators are still struggling to shed light on why a passenger ferry hit rocks and sank, killing at least 63 people in the country's worst sea tragedy for 35 years.
Heavy Winds, High Waves Close Mexican Ports
Mexico's Pajaritos oil export terminal and Dos Bocas port, which also handles oil tankers, were both closed to shipping, the Transport Ministry said in a routine report.
IEA To Hold Emergency Board Meeting
The International Energy Agency (IEA), plans to call an emergency meeting of its governing board on October 4 to discuss the global oil situation, an official said.
Bahrain Releases Detained Ferry
Bahrain on Wednesday released a ferry carrying 150 people from Iraq to Dubai it had briefly detained after a passenger was accused of killing the ship's chief purser in an argument, officials said.
Hutchison Buy Follows Maersk Deal
Hutchison Port, a unit of conglomerate Hutchison announced earlier on Wednesday a 30 percent investment in Westport Holdings, a multi-purpose terminal in Malaysia's biggest port, Port Klang.
Oslo Bourse Releases Halt On Aker Maritime
The Oslo bourse ended an automatic matching halt of shares in oil and gas services firm Aker Maritime on Tuesday after an investigation of a 13.4 percent rise in the share price.
Poland's Stocznia Gdynia Yard To Offer IPOs
Poland's biggest shipyard Stocznia Gdynia plans to list on the Warsaw and London exchanges next June and invest its IPO proceeds in further development, a company official said on Wednesday.
Ferry Accident Blamed For Minoan's Plummeting Stock Price
Shares of ferry operator Minoan Lines fell around 11 percent in late session trade on the Athens stock exchange on Wednesday, near the bourse's 12 percent limit down…
Minoan Ferry Sinking Cited as Worst Maritime Disaster in 35 Years
Rescuers pulled bodies from the Aegean sea on Wednesday as the death toll from Greece's worst maritime disaster in 35 years climbed to at least 62. The ferry Express…
Globalstar To Receive Additional Financing
Satellite telecommunications firm Globalstar Telecommunications said on Monday that five of its founding partners will provide the company with further equity financing.
Teekay Wins FSO Job For Legendre
Teekay Shipping's Australian subsidiary, Karratha Spirit, has been granted a contract by Woodside Energy to supply a floating storage and offtake (FSO) tanker to…
Aida To Give P&O A Boost
Shipping company P&O, reporting its first-half results, said on Tuesday it was to boost its presence in the German cruise sector by buying the remaining 49 percent…
Litton Granted Engineering Support Contract
The U.S. Navy has awarded Litton Industries a five-year contract, valued at as much as $311 million, to its Ingalls Shipbuilding unit to provide engineering and technical services support.
RMS Carpathia's Wreckage Confirmed Off Irish Coast
A U.S. expedition confirmed that it has located the wreck of RMS Carpathia, the ship that rescued 705 survivors from the Titanic and that was later torpedoed by a German U boat.
Sri Lankan Navy Intercepts Rebel Boats
Sri Lankan forces sank two suspected Tamil Tiger rebel boats off the northeast coast on Saturday, the navy said. A flotilla of rebel attack boats including a suicide…
Russian Research Vessel Looks For Answers In Kursk Saga
A Russian research vessel was on its way to the site where Russia's nuclear submarine Kursk sank last month to investigate the extent of the damage, naval officials were quoted as saying on Saturday.
U.S. Coast Guard Unveils Safe Ship Incentive Program
Reductions in Port State Control Examinations and streamlined inspection procedures are among the rewards that await the owners of non-U.S. registered commercial vessels that call on U.S.
Crude Prices Down Six Percent
Oil prices fell more than $1 on Monday, knocked back by the United States' decision to tap into strategic reserves to bring a halt to this year's price rally and…
Aker Maritime To Forego Kvaerner General Assembly
Norwegian oil and gas services group Aker Maritime said on Monday that it would not attend Kvaerner extraordinary general assembly on September 29. Aker Maritime…
