News

Fincantieri Starts Building 4th Viking Cruise Ship

Fincantieri Starts Building 4th Viking Cruise Ship

Company News08.04.2016 16:00
Italy’s shipbuilder Fincantieri launched the construction of the fourth of six cruise ships for...
South Korean Shipping Firm Fined for Oil Dumping

South Korean Shipping Firm Fined for Oil Dumping

Maritime News08.04.2016 16:00
South Korean shipping company Doorae Shipping Co. has been fined by the US District Court of...
Indonesia Deploys Anti-Air System in S. China Sea

Indonesia Deploys Anti-Air System in S. China Sea

World08.04.2016 16:00
On Thursday, Jane's Defense reported that Indonesia is planning to deploy Swiss-made Skyshield air...
Norway Says "Yes" to Unmanned Wellheads

Norway Says "Yes" to Unmanned Wellheads

Maritime News08.04.2016 16:00
The Norwegian Petroleum Directorate (NPD) has announced that it takes a positive view of unmanned...
Tanker Traffic Jam at Iraq's Basra Port

Tanker Traffic Jam at Iraq's Basra Port

Maritime News08.04.2016 16:00
A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to...
Winners and Losers in Deepwater Horizon Payout

Winners and Losers in Deepwater Horizon Payout

Maritime News08.04.2016 16:00
BP has been ordered to pay $5.5 billion to settle civil damages claims made by the U.S. as a...
Economou Ends DryShips' Investment in Ocean Rig

Economou Ends DryShips' Investment in Ocean Rig

Company News08.04.2016 16:00
Nine years after taking his publicly-traded dry bulk firm DryShips into offshore oil with an...
Panama Canal Announces Second Draft Restriction

Panama Canal Announces Second Draft Restriction

Maritime News08.04.2016 16:00
The Panama Canal Authority (ACP) has issued a second draft restriction to take effect at the end...
U.S. oil January demand drops by 1 percent year-on-year – EIA

U.S. oil January demand drops by 1 percent year-on-year – EIA

Oil Market05.04.2016 23:00
U.S. oil demand dropped in January from a year earlier, as demand for gasoline and distillates...
Greek minister sees lower-than-planned privatisation revenues

Greek minister sees lower-than-planned privatisation revenues

Maritime News05.04.2016 23:00
Greek Economy Minister George Stathakis said on Tuesday the original goal of getting 50 billion...
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