The yacht Serenity, skippered by Fridtjov Bergmann, proudly flies the Bergen Shetland Blue Ribbon as first to finish this year’s race across the North Sea from Norway.He later received Lerwick Port Authority's trophy for first yacht over the line…
Emergency crews recovered on Friday the bodies of nine people from the wreckage of a sightseeing plane that remains teetering on a steep rock face after crashing in Alaska, a rescue official said.Eight passengers and the pilot were killed when the aircraft…
United Arab Shipping Company's (UASC) newest vessel, the 18,800 teu Barzan, has made its maiden call at the Port of Felixstowe, the Port of Britain.The biggest container ship in the UASC fleet, the mega-ship arrived at the UK's largest container port from Port Kelang in Malaysia…
Viking Ocean Cruises has announced its second ship—the 930-passenger Viking Sea —was floated out from Fincantieri’s Ancona shipyard, marking a major construction milestone and the first time that the new ship touches water. Viking marked…
Germany is hopeful in bagging multi-billion-dollar Indian submarine project for building six conventional submarines, says a PTI report. German Ambassador to India Michael Steiner said the P-75(I) project was under discussion and that the…
The Panama Canal Authority (ACP), which administers the canal, is looking at building a Liquefied Natural Gas (LNG) import terminal near the Canal. The ACP has been awarded a US Trade and Development Agency grant to help fund a feasibility study for the project…
Greece's international lenders are asking the debt-laden country to hike vessel tax, according to a report in the Financial Times. The shipping sector is a vital generator of income for Greece. According to an official document indicating steps Greece must take…
UK's Ports and Shipping Minister Robert Goodwill said that the Port of Tyne is a model of innovation and a major contributor to both the local and national economy. During his first visit to the port yesterday (25 June), the MP for Scarborough…
China Shipping Group has launched container shipping services in Moldova, becoming thus the second foreign companies to have the operation in the country's only port of Giurgiulesti. The hub is vital for Moldova as its economy suffers as a result of the Russian embargo on Moldovan goods…
As Imperial Oil, as senior partner in the northern venture with ExxonMobil and BP, told Canada’s National Energy Board (NEB) that the exploration program has been deferred, the plan to revive arctic gas and oil drilling in deep Canadian waters of the Beaufort Sea ground to a halt…
Port Everglades received key federal clearance to begin the next phase of deepening and widening its channels. The port now can seek Congressional funding for a project that would generate thousands of jobs and maintain the region's leading position in international trade…
As of June 26, 2015, Klein Systems Group Ltd. has changed its name to Saab Technologies Ltd. Klein Systems has been a wholly owned subsidiary of Saab AB since 2012. Saab is a $3.5 billion company serving the global market with world-leading products…
The board of directors of Twin Disc, Inc. has elected Jeffrey S. Knutson to the position of chief financial officer and treasurer effective June 22, 2015 in addition to his current roles as vice president of finance, corporate controller and secretary…
An Illinois man who was captain of a petroleum barge that exploded in a Chicago canal in 2005, killing a crew member, was sentenced to six months in prison on Friday, prosecutors said. Dennis Egan, 36, of Topeka in central Illinois, and the barge owner…
Mitsui O.S.K. Lines, Ltd. (MOL) inaugurated Junichiro Ikeda as its new president on June 23, 2015. “The world economy continues to expand, and demand for ocean transport is growing steadily. On the other hand, the world political and economic…
