Two people have survived for nearly two months at sea in a small boat in the South Pacific. The pair went missing off the Solomons Islands and were picked up by a fishing vessel in Vanuatu waters, the Solomon Islands Broadcasting Corporation reported on Tuesday.
Johannesburg – South African logistics and shipping group Grindrod has acquired 100% of Cross Country Containers for an undisclosed sum from AP Moeller-Maersk, the firm said on Tuesday.
COSCO Corp. (Singapore) Ltd. has sold four of its older vessels for US$34 million as part of an ongoing fleet renewal exercise and will realize a profit of about US$14.2 million from the sale, the Singapore-listed Chinese shipping and ship-repair company said Tuesday.
COSCO Pacific, P&O, Maersk and Qingdao Port Group will jointly invest RMB 4 billion in the sixth phase of a container project in Qingdao port, with the aim of starting operations in 2008.
A small oil tanker sank in the Gulf of Mexico off the coast of the southern state of Campeche, authorities confirmed Monday. Local media reported that five crewmen had been rescued, but that three others were missing.
Japan’s largest shipping group, NYK, considers Vietnam an attractive investment destination and plans to pour at least US $200 million in the country in the coming time, said the group’s chairman.
SINGAPORE Shipowners are rushing to order oil tankers from yards including Hyundai Heavy Industries in South Korea before stricter design rules take effect Saturday, increasing the cost of vessels.
SINGAPORE Shipowners are rushing to order oil tankers from yards including Hyundai Heavy Industries in South Korea before stricter design rules take effect Saturday, increasing the cost of vessels.
On 4 January 2006 Aker Yards and ALSTOM announced their intention to join forces in shipbuilding. Aker Yards has been notified by the European Commission that it has no objections to the intended transaction.
A Sun Cruz casino ship ran aground in Dania Beach Monday night after losing engine power, a U.S. Coast Guard spokesman said.
The defence ministry has decided to expand the shipbuilding and repairing capacity of Garden Reach Shipbuilders and Engineers Limited. As part of a proposed expansion plan, a unit each at Haldia and Garden Reach will be set up in five years
The Federal Opposition says the discovery of an unmanned ship drifting in Australian waters last week calls into question the Government’s border security.
The Great Eastern Shipping Company on Monday took delivery of a newly built OSV named `Malaviya Twenty Five’ from Bharati Shipyard Ltd.
PORT CANAVERAL, Fla. — Passengers on the Carnival Cruise Lines’ ship Sensation returned today from a four-night cruise, many with complaints about conditions on the ship, including six passengers who were kicked off the vessel.
