Rates Slashed On Five European Oil Giants
Morgan Stanley said on Wednesday it had cut ratings and price targets on five European oil service companies on fears the sector was not immune to a possible U.S. recession and global slowdown.
Carnival Cruise Lines Takes Delivery of Carnival Spirit
Carnival Cruise Lines, a unit of Carnival received its newest fun ship – the $375 million, 88,500-ton Carnival Spirit, during the traditional "hand-over" ceremony…
Cammell Laird’s Woes Continue
Trade in the shares and bonds of troubled British shipbuilder Cammell Laird was suspended on Wednesday, leaving investors and workers fearing the worst ahead of…
Incat Vessels To Debut With Ventouris
Incat, the Austalian-based builder of high speed craft which recently linked with Bollinger Shipyards to build its wave-piercing catamarans in the U.S., recently…
Hopkins Awarded the 2000 Thomas Crowley Trophy
Michael Y. Hopkins, Vice President, Operations for Crowley Liner Services' Latin America division, was awarded the 2000 Thomas Crowley Trophy, Crowley Maritime Corporation's highest honor…
Sembcorp Marine Acquires A 50 Percent Stake In PPL Shipyard
SembCorp Marine has signed a Sale and Purchase Agreement with PPL Holdings Pte Ltd to acquire a 50 percent equity stake comprising 10,000,000 shares of $1.00 each in PPL Shipyard Pte Ltd.
Hyper-Accelerated Corrosion Found In Doomed Tanker
Investigators hoping to find the cause of why an assumed healthy ship developed a near fatal deckplate crack - an incident which led to a 39-day saga which will…
