VIDEO: 22 Evacuated as Car Carrier Lists in Bay of Biscay
A crew of 22 people were evacuated after the Panama-flagged car carrier Modern Express started listing some 148 miles off Cape Ortegal, Galicia, in the Bay of Biscay, accor… Read More
World’s Fastest Ship Design Cuts Fuel Consumption by 74 Pct
The 80-knot ship concept introduced by Norway’s former Viking Ships, now InSvivia Technologies, has been further developed now reaching 74 less fuel consumption, the de… Read More
Vessel Ordering Down 40% in 2015
Overall contracting of new vessels in 2015 dropped by 40% to 1,306 units from 2,162 in 2014, with estimated newbuild investment falling from USD 113bn to USD 69bn, according t… Read More
Shell Shareholders Back Merger with BG
Royal Dutch Shell’s shareholders have today voted in favour of the recommended combination between Shell and British rival gas producer BG Group Plc… Read More
Japan Wants More Oil from Iran
Following the sanctions lifting against Iran on Friday, Japan plans to extend its deal on crude oil purchase from Iran until April 2017 National Iranian Oil Company NIOC s… Read More
World Maritime News Staff