GLDD Awarded Kings Bay Dredging Contract
The Department of Defense has awarded a US Army Corps of Engineers contract to Great Lakes Dredge & Dock Co. Ltd. (GLDD) for maintenance and associated dredging services for the U.S.
Egypt State of Emergency: Skuld P&I Situation Update
What is the consequence of violating the curfew - The curfew is enforced at strategic points by armed security (police/army) and it depends on the situation and persons, violators may be arrested.
Clarkson's Maritime Market Analyst Wins Medal
Clarkson Capital Markets (CCM) equity analyst, Urs Dur, winds silver medal for being one of the industry's top stock tipsters. The award was in the marine category in this year's Thompson Reuter's annual 'StarMine Analyst Awards' which are issued in collaboration with the 'Financial Times'. Clarkson Capital Markets (CCM) is the investment banking arm of Clarkson PLC, focussed on the global maritime, energy and natural resources sectors.
Suez Canal Terrorists Attack Passing COSCO Container Ship
The Panama-flagged container ship 'Cosco Asia' has been targeted by terrorists attempting to block the vital canal system, but the attack was foiled by the Egyptian Army, reports Al Jazeera, citing a statement by the Head of the Suez Canal Authority. The statement did not specify what kind of attack it was, but shipping sources informed the Reuters news agency they heard the sound of two explosions as the ship passed through the waterway.