By MarEx 2015-04-23 19:10:48 The U.S. navy drone X-47B successfully conducted the first ever autonomous aerial refueling of an unmanned aircraft on April 22, completing the final test objective ...
U.S. Navy Drone Passes Final Test: Refueling
Statoil Doesn’t Want to be “Bipolar”
By Reuters 2015-04-23 18:54:02 Norway's Statoil is cutting investments less than any other oil major this year, positioning for a crude price recovery but taking a risk should the slump be ...
Fugro Sets Seafloor Drilling Record
By MarEx 2015-04-23 18:38:41 Fugro has set a new seafloor drill water depth record of 2,923 meters in the Gulf of Mexico. The new water depth record of 2,923 meters (9,589 feet) was set while ...
Authorities View Oleg Naydenov Wreck
By MarEx 2015-04-23 17:51:50 Around 120 kilos of fuel has been removed from the Spanish Gran Canaria tourist beaches Veneguera, Tasarte and Taurito, the government said on Thursday, after a Russian ...
MARAD Administrator Jaenichen Discusses Key Maritime Issues
By MarEx 2015-04-23 14:02:58 Maritime TVis pleased to present another program in the “Ask the Administrator” seriesof interviews with Maritime Administrator Paul “Chip” Jaenichen on important issues ...
Navios buys 14 from HSH debtors
Angeliki Frangou's Navios Group has agreed to acquire seven bulkers and seven container ships from debtors of Germany's HSH Nordbank. This is the second major transaction involving Navios' acquisition ...
Perpetual preferred offerings continue
NYSE-listed Tsakos Energy Navigation has priced the shipping industry's third perpetual preferred equity offering of the month. The Nikolas Tsakos-led tanker company is selling 3.4 million preferred ...
Weak marine market hits Wartsila
An expected weakness in its Ship Power business area has hurt the 1Q15 result of Wartsila, the Finnish engineering group, although the company retained guidance regarding its full year performance ...
Norwegian analysts upbeat on crude tankers
The crude carrier market has outperformed expectations so far this year and shipping analysts at Arctic and DNB Markets in Norway remain upbeat on the outlook in the sector. "The crude tanker market ...
SIPG plans to acquire part of Shanghai Jinjiang Shipping
Shanghai-listed Shanghai International Port Group (SIPG) said that it is studying the acquisition of an unspecified part of Shanghai Jinjiang Shipping under its comprehensive development ...
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