Mitsui O.S.K. Lines, Ltd. released its FY 2012 financial results.
The full report can be viewed here.
Marking its return to the diesel outboard market, engineering company Yanmar Marine International (YMI) has reached an agreement for exclusive distribution rights
3Si Group, whose global portfolio of marine safety products and services covers commercial, leisure and military markets, has announced the formation of 3Si Offshore,
German navigation system manufacturer Raytheon Anschütz has completed factory acceptance tests and delivery of 12 sets of navigation radars for the Canadian Navy’s Halifax-class frigates.
U.S. energy firms cut 13 oil rigs for the first time in seven weeks, as a renewed slump in prices this summer forced drillers to make a second round of cut-backs.
German container shipping group Hapag-Lloyd has taken further steps in preparation of a stock market listing and has mandated more banks for the move, but it remains
VLCC market to be "hot" in Q4 -VLCC broker.
Freight rates for very large crude carriers (VLCCs) face a roller-coaster ride on uncertain cargo volumes and vessel