By MarEx 2015-04-16 17:06:03 Italian police arrested 15 African men suspected of throwing about a dozen Christians from a migrant boat in the Mediterranean on Thursday, as the crisis off southern ...
Christians Thrown From Migrant Boat
Greenpeace Critical of Spain’s Spill Response
By MarEx 2015-04-16 16:57:32 Spain launched an investigation on Thursday into the sinking of a Russian ship off the Canary Islands, as coastguards battled a six-km (3.7-mile) oil slick close to ...
$50 Million in Coins Salvaged from Wreck
By MarEx 2015-04-16 16:40:01 Marine salvage experts have recovered $50 million in silver coins from a ship sunk by a German submarine in 1942 as it was transporting the cash from India to London to ...
Maersk Oil to Cut 200 Jobs
By MarEx 2015-04-16 16:24:47 Denmark's A.P. Moller-Maersk will cut 200 jobs in its Maersk Oil unit due to a drop in the oil price and to reduce operating costs by 20 percent over the next two years, ...
Carriers to launch new South America service
Container carriers Yang Ming Marine Transport (Yang Ming), Pacific International Lines (PIL), Hyundai Merchant Marine (HMM), and Kawasaki Kisen Kaisha ('K' Line) are to launch a new South America Loop ...
CPP raises cash for debt deal
NASDAQ-listed Capital Product Partners (CPP) has priced a follow-on equity offering that will enable amendments to its credit facilities. The mixed-fleet operator announced on 16 April that it will ...
Dry bulk outlook sinks again
Evercore ISI analyst Jon Chappell has cut his already low rate projections for the dry bulk sector even further because of "hideous" market conditions. Chappell had noted in February that rates were ...
Keppel set to ‘tide through the downturn’
Singapore-listed marine, property, and infrastructure company Keppel Corporation is confident it can "tide through the downturn" by cost management and seizing market opportunities as they come ...
Three dockers die unloading coal in Antwerp
Three dockworkers died after inhaling toxic gases while unloading coal from a carrier at the port of Antwerp on Saturday. The three workers had entered the hold of the Hong Kong-flagged Saga Frontier, ...
Crewman feared dead off Australian coast
The search for a crewman lost overboard from the 17,859 tonne Liberian-flagged bulk carrier MV Sea Amity off the Queensland coast on Tuesday night has been suspended, the Australian Maritime Safety ...
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