The Miami River dredging project, expected to generate $100 million in business for ships using the river over the next 20 years, is under budget and ahead of schedule.
THE Isle of Man Steam Packet Company has changed hands for the second time in two years. Australian bank Macquarie has paid
Indian shipping firms are increasingly opting to flag out their vessels to zero tax regimes to escape the 12-odd taxes in India, including FBT, service tax and dividend tax among others.
There’s a view that the Caribbean should be contributing to the global discussion on rising oil prices.
A salvage crew has removed a pipeline dredge that sank last week in the Chesapeake Bay, near the Lynnhaven Inlet and the Lesner Bridge, after being swamped by waves. Using a 60-ton floating crane, the dredge was taken to a marina in Little Creek, where it will be repaired, said Tom Friberg, acting c
NITEROI, Brazil (EFE)
Dubai-based Gulf Energy Maritime has received the third of its order for four tankers from Korea-based Hyundai Heavy Industries, giving the company a fleet of five ships. The high-specification panamax double-hulled vessel will go into service with charter company Glencore under a three-year deal. G
The Pha Rung Shipyard Company, under the Viet Nam Ship Building Industry Corporation (Vinashin), on Oct. 9 signed a contract to build five ships for the Forturne Marine Company of the Republic of Korea (RoK).
Emirates Team New Zealand remained third overall after a disappointing third and fifth place in the two races on the second day of fleet racing in Act 9 of the Louis Vuitton yachting series in Trapani, Spain, overnight.
Indian shipping industry is 15 years behind its Chinese counterpart but has potential to catch up soon, maintain international maritime and shipping industry experts.
A South Korean state agency that is jointly selling 51 percent of Daewoo Shipbuilding & Marine Engineering said Monday that it might reject bids from companies that did not support national interests. Korea Asset Management, which liquidates distressed assets at financial companies, plans to sell it
The Swiss Defender of the America
On Saturday 1 October 2005 Odense Steel Shipyard presented its latest newbuilding for the A.P. Moller – Maersk Group.
Patrick Whittle’s column titled “Lack of dredging could hurt property values” was right on target. Charlotte County’s pruned-down version of $100 more per year for canal maintenance won’t get the work done.
