Suez Canal To Take Larger Ships

Tuesday, December 07, 1999
Improvements to the Suez Canal will allow ships with a draft of up to 62 ft. to use the waterway by the end of next year, the chairman of the Suez Canal Authority (SCA) said. The canal will be able to take ships with a draft of 66 ft. by 2005 and 72 ft. by 2010
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Offshore

Deadly Fire on Pemex Oil Platform to Cost up to $780m

Losses associated with a deadly explosion on an offshore oil platform owned by Mexican state-run company Pemex will total as much as $780 million, a source close to the discussions said on Tuesday.

Groups Seek US SEC Probe of Shell Arctic Drilling Risk Disclosures

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De Beers Confirms Kleven Newbuild Contract

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Ports

Iran: Revolutionary Guards Seized Ship for Legal Reasons

Naval units from Iran's elite Islamic Revolutionary Guards Corps (IRGC) seized a cargo ship in the Gulf on Tuesday for legal reasons, an IRGC source was quoted as saying by state news agency IRNA.

Jeffersonville Port Sets Quarterly Shipping Record

The Port of Indiana-Jeffersonville recorded the highest quarterly shipments in its 30-year history during the first quarter of 2015. Cargo volume exceeded 800,000 tons,

Navy Awards Contract for Passenger Terminal Renovation in Hawaii

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