Horizon Lines, LLC, has closed the definitive long-term charters and related agreements with Ship Finance International Limited and its subsidiaries to lease five newly-built, U.S.-flag container vessels. The subsidiaries of Ship Finance will acquire the vessels from third parties for a sum of appro
Lockheed Martin Corp.’s Middle River facility has received a contract for $51 million to manufacture missile launchers for the Navy’s last three Arleigh Burke-class destroyers now under construction.
Accra – Rescuers on Tuesday said they are no longer searching for survivors from Saturday’s boat disaster on the Volta Lake in Ghana, while police said they have arrested the boat’s owner.
Salvage authorities will today start stripping down a ghost ship found floating in the Gulf of Carpentaria last month. The 80-metre boat will be sunk in the Coral Sea off the north coast of Queensland in a few days.
The aircraft-carrier industry is intensifying pressure on Congress to prevent cuts to the president
Pakistan on Monday alleged that the Indian Coast Guard has killed one of its fishermen in `unprovoked’ firing on March 18. Foreign Office spokesperson Tasneem Aslam told reporters that an official of the Indian High Commission was summoned and a formal protest lodged on the incident.
Two Somalian ministers have been sent to negotiate with villagers who took hostage 25 seamen, including nine Indonesians, last week, the African country’s head of mission here said Tuesday.
Workers were loading a fin whale corpse onto the flatbed trailer on the bank of St. Lawrence River in Quebec Province, Canada, on April 10. It is said the 45-ton fin whale died after getting stuck in the propeller of a Danish cargo ship.
As the trade winds continue to breathe life into what once looked like the dying embers of the ABN AMRO TWO challenge, the youngsters
ABN AMRO ONE has stopped squeezing the concertina and has started to move the ends apart, sucking in the air.
There is a ridge of high pressure ahead of the boats, some 1,000 nautical miles away, which will stop the fleet in its tracks, but at the moment there is some compression going on as ABN AMRO ONE runs into some lighter winds. All the fleet close on the leader and at last ABN AMRO […]
MS Norilskiy Nickel, an arctic container vessel built under NB 505 at Aker Yards in Helsinki, was today delivered to the Russian MMC Norilsk Nickel, one of the world
Qatar is becoming a goldmine for Korean shipbuilders as the top three companies won orders for liquefied natural gas (LNG) tankers worth $7 billion.
Low operating costs and increased payload capacity will be gained by the choice of W
