PSA International Profit Jumps by 5.1% for 2017
Port and terminal operator PSA International posted a 5.1 per cent jump in net profit to S$1.23 billion for the year ended…
US Navy Asks Huntington Ingalls for Pricing on Two Aircraft Carriers
The U.S. Navy asked shipbuilder Huntington Ingalls Industries on Monday for detailed pricing on the cost of two aircraft carriers…
Malaysia to Pay up to $70 Mln if MH370 is Found
Malaysia signed a deal on Wednesday to pay a U.S. seabed exploration firm up to $70 million if it finds the missing Malaysia…
CEMEX UK Orders Dredger Newbuild
CEMEX UK has signed a contract with Damen Shipyards Group to build the first in a new generation of Marine Aggregate Dredgers…
Statoil to Rebrand as Equinor
Rebranding would cost up to $32.5 mln but firm plans to ramp up renewables investment. Norway's Statoil plans to change its name to Equinor…
GAC UK wins Fred Olsen Cruise Lines Business
Fred Olsen Cruise Lines has appointed GAC UK as its agent in Newcastle and Liverpool. Under the deal, GAC will manage 18…
Cohort Companies to Deliver Maritime Defense Technologies
Cohort plc companies MASS and SEA have been selected to form part of a new UK Ministry of Defense maritime research and development…
Alfa Laval BlueBox SA prevents oily water discharge problems
Non-compliant discharge of oily water continues to be an environmental threat – and an expensive headache for the marine industry.
GE Transportation to Supply Freight Locomotives to Ukraine in USD 1bln Deal
GE Transportation signed a $1 billion framework agreement in Ukraine, marking a major milestone in the country’s efforts…
US Navy Submarines Surface in the Arctic Circle
A pair of U.S. Navy submarines recently surfaced in the Arctic Circle as part of multinational maritime exercise north of Alaska.
Maersk at 16-month Low after CFO Departure
Maersk's shares down 4 pct at lowest level since November 2016. The company says CFO Jakob Strausholm has decided to leave…
Top Maritime News
Another Maersk Containership Catches Fire
U.S. flagged containership Maersk Kensington reported a fire in a cargo hold while en route from Salalah, Oman toward Suez.
Aircraft Carrier USS Nimitz Enters Drydock
U.S. Navy aircraft carrier USS Nimitz (CVN 68) entered dry dock at the Puget Sound Naval Shipyard and Intermediate Maintenance Facility
Seatrade Convicted for Scrapping Ships on Indian Beach
The Dutch shipping company Seatrade and two of its directors were found guilty by a Dutch court on Thursday of illegally sailing ships to India to
Emissions Regulations: 'It's Not Easy Being Green'
Nor is it getting any easier to understand when, how and why to comply. Whether your marine operation is a major corporation or a family “mom and