According to a Jan. 11 report from Reuters, Oil shippers are paying crews double to persuade them to sail through the pirate-infested Gulf of Aden.
Norfolk based Fendercare Marine, a supplier of marine products and services, has won a contract to supply Yokohama fenders to the Ministry of Defence (MoD).
The U.S. Navy has awarded contracts worth nearly $1.4 billion to buy four more Littoral Combat Ships from Lockheed Martin Corp and Australia's Austal Ltd, the U.
Rebels deny losing control of North Korean-flagged tanker; Government says tanker being taken to western port. Oil blockade has slashed vital government revenues.