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15 New Cruise Ships Due in 2002
With more ships slated to enter service in 2002 than in any other single year in the history of the cruise industry, the new year is shaping up to be a significant…
Nepline To Sell Tankers For $38M
Malaysian shipping firm Nepline Bhd agreed to sell two crude oil tankers to American Eagle Tankers Inc for $38 million cash. The sales were driven by the recent…
EU Discusses Maritime Safety
Since the Erika ran aground, the European Union has made considerable progress towards improving maritime safety. Adoption of the measures of the Erika I package…
Panama Signs up Vietnam to Inspect its Ships
The Vietnam Register (VR) and the Panamanian Isthmus Bureau of Shipping (IBS) have signed an agreement under which Vietnam will check Panamanian ships in waters near its territory.
Port Security Questions Remain
According to the Homeland Security Department, between 2004 and 2007 it will have spent $10 billion on maritime security investments. However, industry and government…
Navy, Coast Guard Aim to Prevent Piracy
U.S. Navy and Coast Guard officials are determined to stop pirates from threatening Americans and American interests. Incidents of piracy have become even more prevalent over the last two years…