Frontline Posts Q3 Loss as Tanker Rates Hit 4-year Low
Frontline q3 net loss $24.1 million. The current crude oil tanker rate environment does not presently reflect that strong demand.
'Piece Prize' Spreads Hope through Europe
Mark Fuhrmann, a 60-year-old Canadian born father of three living in Norway since 1986, has completed a 5,400 km kayak journey from Oslo to Athens…
US Navy Accepts Delivery of Future USS Ralph Johnson
The Navy accepted delivery of future guided-missile destroyer USS Ralph Johnson (DDG 114) from shipbuilder Huntington Ingalls Industries (HII) Nov.
GulfMark Sails Out of Bankruptcy
GulfMark Offshore, Inc. said it has completed its financial restructuring plan and emerged from bankruptcy protection under chapter 11 of the U.S.
Dellner to Expanded Product Range to US Market
Dellner Brakes, fresh off acquiring U.S. brake and clutch specialist Gummi USA, said it will present its expanded range of…
Quadrilateral Coalition on the Indo-Pacific
With an eye on China’s activities in the region, India said that the first meeting of its officials with those from the US…
The Challenge of Marine Asset Appraisal
While large shipping asset deals are often financed through the major capital markets, loans for most oilfield service marine…
GPA Approves Savannah Port Expansion
The Georgia Ports Authority (GPA) has approved the rail and gate expansion projects that will significantly boost capacity…
Kalmar Gets Order in Spain
Kalmar, part of Cargotec, has signed an agreement with Noatum Container Terminal Bilbao for delivering two rail-mounted gantry…
SAR Vessel Passes Capsize Test with Engines Running
Damen – in cooperation with the Turkish Coast Guard, the International Organization for Migration (IOM) and engine manufacturer…
Iceland Accedes to Air Pollution Treaty
The International Maritime Organization (IMO) treaty covering the prevention of air pollution from ships has been ratified by Iceland…
Top Maritime News
Crowley in Command
Tom Crowley has become the face of the U.S. maritime industry, steadily building his transport and logistics company into a formidable goliath.
US Warship Damaged in Collision with Tug off Japan
A U.S. guided-missile destroyer, USS Benfold, sustained slight damage when a Japanese tug drifted into it during a towing exercise off central Japan
Five Requirements for Safe Ops
A safety culture starts with the CEO As I write this article I am flying back to my home base in Canada from the 42nd annual Interferry conference
Cruise Ships & Environmental Risk: ‘No Silver Bullet’
LONDON - “Sustainability is core to the cruise industry; but there is no silver bullet or one solution to fit all.