Navy to Christen Expeditionary Fast Transport Yuma
The Navy will christen its newest Expeditionary Fast Transport, USNS Yuma (EPF 8), Saturday, Aug. 20, 2016, during a 10 a.m. EDT ceremony, in Mobile, Alabama. Yuma…
Cargo Growth Forecast at Canada's West Coast Ports
Ocean Shipping Consultants' 2016 container traffic report for the west coast of Canada forecasted that container demand through the Port of Vancouver and Port of…
Submarine Found in North Sea
The Danish Maritime Authority confirms having received a report on the finding of a wreck off the west coast of Jutland. The report also states that there are unexploded mines and torpedoes on board.
Maersk Break-Up Soon ?
A.P. Moeller-Maersk A/S, in its strategic review, is considering several options including a two-way split into an energy and a transport company, says a Bloomberg report.
Samsung Shipyard Mulls Outsourcing
Samsung Heavy Industries (SHI) CEO Park Dae-young proposed the outsourcing of shipbuilding to China and Indonesia in an effort to overcome a liquidity crisis, according to Yonhap.
5K Workers Lose Jobs in Korean Shipyards
According to a report by Korea Economic Daily the number of workers who left Korea's top-three shipbuilding companies - Hyundai Heavy Industries, Samsung Heavy Industries…
Vizag Port Mulls Major Expansion
Vishakhapatnam Port is poised for major expansion, with the Minister for Shipping, Road Transport and Highways Nitin Gadkari inaugurating several projects during his visit to the port…
Submarine Collides off Washington Coast
The ballistic-missile submarine USS Louisiana and a Navy offshore support vessel collided while conducting routine operations in the Strait of Juan de Fuca off the…
State to Take Reins of Alaska LNG Project
Alaska Gasline Development Corp. President Keith Meyer says the Big 3 oil companies are cooperating with the state’s desire to take full ownership of the AK LNG Project.