China to Return Seized US Underwater Drone
China's Defense Ministry said on Saturday it plans to return an underwater U.S. drone seized this week by a Chinese naval vessel in the South China Sea, but complained the United States was "hyping up" the incident. The drone was taken on Thursday, the first seizure of its kind in recent memory. It prompted the Pentagon to go public with a diplomatic complaint, and drew criticism from U.S. President-elect Donald Trump, who has vowed to take a more aggressive approach in dealing with Beijing.
Shipbuilder Ecovix, Units file for bankruptcy protection in Brazil
Ecovix Engevix Construções Oceánicas SA and five subsidiaries have filed for bankruptcy protection in a federal commercial court, succumbing to a debt burden of…
Lowrance Debuts High Powered HDS Multifunction Displays
Lowrance announced today the release of a high-performance addition to the HDS series of fishfinders/chartplotters – Lowrance HDS Carbon. The new Lowrance HDS Carbon…
Dorian Adopts Shareholder Rights Plan
The Board of Directors of Dorian LPG Ltd. (NYSE: LPG) today adopted a shareholder rights plan and declared a dividend distribution of one preferred share purchase…
Ten Appointments to Australian Naval Shipbuilding Advisory Board
The Minister for Defence Industry, the Hon Christopher Pyne MP, today announced the appointment of 10 Board Members to the Naval Shipbuilding Advisory Board, chaired by Professor Donald Winter.
Maritime Museum Rotterdam Launches Offshore Experience
Marjan van Loon, President-Director of Shell Netherlands, officially opened the Offshore Experience exhibition at the Maritime Museum in Rotterdam on Friday, 16 December.
Rotterdam Wants an Ambitious CO2 Reduction Plan from IMO
The Port of Rotterdam Authority is calling on the European Parliament to put pressure on the International Maritime Organization (IMO) to produce an ambitious worldwide…
