Baltic Index Streaks to Highest Level since 2014
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its gaining…
Statoil Wins Licences Off UK, 'Resets' Exploration Off U.S.
Norway's Statoil was the second top bidder for 13 oil exploration leases in the U.S. Gulf of Mexico and won six licences offshore Britain, it said on Thursday, in…
India Bags USD 6.22 bln Investment in Ports and Water Transport Sector
Foreign Direct Investment upto 100% under automatic route is already permitted in the Port Sector. This has resulted in several…
ABS' Howard Fireman Weighs in on the US Brown Water Sector
Howard Fireman, Senior Vice President and Chief Technology Officer, joined the American Bureau of Shipping (ABS) in 2013.
Australian Navy: Torpedo Firings on the Mark
The Royal Australian Navy has tested its primary anti-submarine warfare weapon during Exercise OCEAN EXPLORER off the coast…
Mynmar Naval Delegation Visits Indian Naval Base
A Myanmar Navy (MN) Delegation comprising three officers: Lt Cdr ThureinTun, Lt Cdr Kyaw Zeya Oo and Lt Ye WintTun, has completed…
Ezra Holdings Files for Bankruptcy in US
Oilfield services firm Ezra Holdings of Singapore filed for U.S. Chapter 11 bankruptcy at the weekend, blaming a prolonged…
ASV Global to demonstrate C-Worker 5 ASV at Ocean Business exhibition
ASV Global has announced it will be demonstrating its C-Worker 5 Autonomous Surface Vehicle (ASV) at the Ocean Business exhibition in Southampton…
Trump's Navy: A Look at the Future US Navy
It’s still too early to know for certain what the new administration will do about building up the U.S. Navy, as the numbers are a moving target.
Container Shippers Ordered to Testify in US Investigation
The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation into an
Hapag-Lloyd Says Prospects Buoyed by Rising Freight Rates
German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday
Case Study: 18-day Exhaust Gas Scrubber Install
Goltens was contracted by a large cruise vessel owner to undertake the installation of two exhaust gas scrubbers on one of its ships to comply with