Abu Dhabi Awards Construction Contract
Abu Dhabi Shipbuilding (ADSB), has granted a major construction contract worth $12.2 million to a joint venture of Arabtec and Overseas AST Co. The contract is the…
Horizon To Build OSV Trio
Horizon Shipbuilding and SLOK Nigeria Limited have signed contracts for the construction of three offshore vessels - all of which will operate under a long-term…
Bangladesh Ferry Sinks In Storm
At least 28 people drowned and more than 100 were missing after a ferry caught in a storm sank in a river in Bangladesh, officials said. "The ferry, carrying some…
P&O Stena Q1 Hit By Lower Demand
The P&O Stena Line ferries joint venture reported first quarter results had been hit by dampened demand following the millennium, the abolition of duty-free and…
ABP Shares Surge After Buyout Approach
Shares in Britain's biggest port operator, Associated British Ports Holdings Plc, were nearly 20 percent higher Tuesday after officials reported the company had…
Boat Hits Tanker, Nine Hurt
A French tourist ship cruising on the Rhine lost steering control and collided with a Dutch tanker carrying a highly inflammable substance on Sunday, German police said.
Qatar Shipping To Buy Two Vessels
Qatar Shipping Co. plans to buy two new vessels worth $24 million each. General manager Nasser Saeed al-Sulaitah said the decision to purchase the vessels, which would each transport 35…
Tourists Head For Australia After Liner Hits Uncharted Reef
Ninety-nine U.S., German and British tourists were to be flown to Australia on Monday, after their tropical Solomon Islands adventure holiday was cut short when…