U.S. shipbuilder Huntington Ingalls Industries (HII) announced today that its board of directors has declared a quarterly cash dividend of $0.40 per share, payable on June 12,
Hornbeck Offshore Services completed the sale of three supply vessels to the U.S. Navy, helping boost profits in the first quarter even as low oil prices put pressure on revenues.
U.S. Navy Secretary Ray Mabus on Thursday warned that congressional plans for a piecemeal modernization of 11 cruisers would cost billions of dollars more than
Suez Canal Authority said it controlled a blaze in a British container ship passing the waterway Friday, leaving no human losses.
An ultra-large container
Suezmax tankers are looking good for a strong 2015 year, before posting a mild downside during 2016, but are poised to accelerate yet again in 2017 on rising deliveries, said shipbroker Charles R.
BP Shipping today celebrates its 100-year anniversary, making it the longest continually operating company in the BP group.
Formed on April 30, 1915 as the British Tanker Company,