Bomb-making Material Siezed Near Suez Canal
Fifteen tonnes of a material used to make explosives have been seized in a town straddling the Suez Canal, the Egyptian army said on Wednesday, one of the biggest…
Singapore's NOL Q1 Net Loss Narrows
Container shipper Neptune Orient Lines Ltd posted a net loss of $97.9 million for the quarter ended April 4, a narrower loss from the previous quarter. NOL, in which…
Russia's Surgut to Export Baltic Diesel
Surgut to transport diesel by rail from its Kirishi refinery; Main diesel terminal in Primorsk reaches full capacity. Surgutneftegas will start exporting diesel…
Vietnam Mobs Burn Factories in Anti-China Protests
Thousands of Vietnamese set fire to factories and rampaged in industrial zones in the south of the country after protests against Chinese oil drilling in a part…
Tankship Owner Torm Report Lower Q1 Earnings YoY
Danish shipping company Torm reported first-quarter core earnings lower than in the same quarter last year and lowered its guidance for 2014. Earnings before interest…
America's First 'Virtual' Aids to Navigation on Test
The Coast Guard informs it is now testing 25 electronic aids to navigation (eATON) to augment existing physical aids and mark unique and potentially hazardous navigation…
Huntington Ingalls Awarded Navy DDG 51 Contract Modification
U.S. Department of Defense has awarded a Navy US$12,168,588 contract modification to support FYS warship class DDG 51 work, as follows. DoD explains in detail that…
Barnhart to Purchase Hite Crane & Rigging
Barnhart says it has reached a definitive agreement to purchase Hite Crane and Rigging, who provide hoisting and rigging services throughout the Inland Empire and…
Ukraine Must Pay Up Front for Gazprom Gas Supplies
Gazprom inform that in a recent working meeting, Russian President Dmitry Medvedev tasked Gazprom to switch Ukraine to gas prepayment terms. The meeting involved Dmitry Medvedev…
Shipowners Chance 'Negative Equity' in Event of CTL
Shipowners have been warned they could face being saddled with ‘negative equity’ in the insurance aftermath of disasters at sea, according to Keith Jones the outgoing…
USS Blue Ridge 'Thais' Friendship Knot in Pattaya Visit
U.S. 7th Fleet flagship 'USS Blue Ridge' (LCC 19) along with embarked staff, Helicopter Sea Combat Squadron 12 and Marines from Fleet Anti-Terrorism Security Team…
ASSONAVE: Shipbuilding Trending Upward
The Annual Meeting of ASSONAVE, the association of Italian shipbuilders, ship-repairers and producers of marine components and systems took place in Rome recently…
Coast Guard Cutter Gets a Lift Ashore in Cleveland
The U.S. Coast Guard Cutter 'Biscayne Bay', a 140-foot ice-breaking tug homeported in St. Ignace, Mich., was lifted out of Lake Erie for routine maintenance in the Great Lakes Shipyard in Cleveland.
AAPA Applauds Senate's MAP-21 Freight Focus Bill
The American Association of Port Authorities (AAPA) says it praises the leadership of the U.S. Senate’s Environment and Public Works (EPW) Committee for releasing…
Evergreen Name Fifth New Containership
Evergreen Goup say that their newbuild 'Ever Lissome', the fifth of its L-type containerships to be built by CSBC Corporation in Taiwan, has been named in a recent shipyard ceremony.
BOEM and New Jersey Pact to Identify Sand Resources
As a part of President Obama's continuing commitment to help coastal communities recover from Hurricane Sandy and promote resilient coastal systems, the Bureau…
Simrad Yachting Joins The Billfish Foundation
Simrad, world-leader in the design and manufacturer of marine electronics, announced today that it has joined The Billfish Foundation and is one of their 2014 tagging program sponsors.
BP's First quarter interim dividend for 2014 announced
The Directors of BP p.l.c. announced that the interim dividend for the first quarter 2014 would be US$0.0975 per ordinary share (US$0.585 per ADS). This interim…
Port of Antwerp scores at Breakbulk Europe 2014
Antwerp is hosting the European edition of the largest breakbulk exhibition in the world for the ninth year in a row. The world’s leading breakbulk players will…
Kongsberg's integrated control and safety system for Teekay's Gina Krog
Kongsberg Maritime Engineering (KME) has signed a contract with Gina Krog LLC, a subsidiary of Teekay Shipping AS, for supply of an Integrated Control and Safety…