By Kathryn Stone 2015-05-05 13:20:09 The ordeal of 16 sailors stranded in Baharini waters since December has come to an end as 14 Indian crew members returned home Monday and two Myanmar crew members ...
Sailors Return Home After Five Month Ordeal
GLDD sees bright 2015 despite loss in 1Q
US dredging contractor Great Lakes Dredge & Dock (GLDD) expects to make significant profits in 2015 despite taking a first quarter loss of USD8.4 million. The NASDAQ-listed dredger revealed on 5 ...
OSG plots public rebirth
Overseas Shipholding Group (OSG) has registered for an initial public offering and a re-listing of its shares on the New York Stock Exchange. Once considered a 'blue chip' name, OSG was delisted from ...
ECSA appeals for tougher EU port services stance
European shipowners' body ECSA has appealed to the European Parliament to stiffen up the European Commission's proposed EU port services regulation, notably by re-including proposals to open up ...
Teekay LNG plans NOK700 million plus bond issue
Teekay LNG Partners, the listed gas carrier unit in the Bahamas-based Teekay group, says it plans to raise at least NOK700 million through unsecured bonds with maturity in 2020. "Teekay LNG Partners ...
Non-existent container price discipline indicates weak 2015
A sharp fall in the container spot rates last month indicates that there is no discipline in pricing in the industry in its low season and suggests a weaker than foreseen 2015, a senior analyst ...
China, ‘Philippines Violating South China Sea Code’
By Reuters 2015-05-05 09:43:40 China has accused the Philippines of violating a 13-year-old informal code of conduct in the South China Sea with its building work on disputed islets, firing back ...
Forty Migrants Reported Drowned in Mediterranean
By Reuters 2015-05-05 09:25:57 Around forty migrants died in the Mediterranean on Sunday, according to survivors of the journey who arrived on the southern Italian island of Sicily on Tuesday, local ...
Deepwater Horizon Searchable Database Comes Online
By MarEx 2015-05-05 09:09:17 A new online tool developed by the National Oceanic and Atmospheric Administration (NOAA) to manage and integrate the massive amounts of data collected by different ...
Corsica Ferries buys cruise ferry from Silja
French ferry operator Corsica Ferries has bought the 2,000-passenger cruise ferry, Silja Festival, from Silja Line operator, the Tallink Group of Estonia, for an undisclosed sum. The French group, ...
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