- France To Allow Private Security On Shipping Fleet
France will allow private security forces to protect its shipping fleet against the threat of piracy with armed guards, the French government said on Tuesday.
- Greek Shipowner Victor Restis Released Pending Trial On Embezzlement Charges
Greek shipowner Victor Restis has been conditionally released after spending four months in jail pending trial on money laundering and embezzlement charges, court officials said on Tuesday.
- Shell to GE Lured by LNG-Powered Ships on Record U.S. Supply
Royal Dutch Shell Plc, General Electric Co. and a company co-founded by T. Boone Pickens are planning investments in natural-gas-powered shipping as record U.S. output spurs the merchant fleet to use a new fuel.
- Record-Breaking Prelude FLNG Launched, Bigger One Planned
It will be the biggest thing ever sent to sea – but as the Prelude FLNG vessel was launched on Tuesday, plans were already under way for something bigger.
- KKR Said to Hire Goldman Sachs for Turkish Shipping Sale
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, hired Goldman Sachs Group Inc. to sell its Turkish shipping company U.N. Ro-Ro Isletmeleri AS, three people with knowledge of the matter said.
- Bumi Armada Wins $280 Million OSV Charter Deal With Lukoil
Malaysia’s offshore oil field services firm Bumi Armada Bhd said on Tuesday it will lease six marine vessels to Russian oil firm Lukoil-Nizhnevolzhskneft in charter contracts worth up to $280 million.
- Regulating LNG | Q&A with Transport Canada
Transport Canada is the federal body responsible for transportation safety and regulation. Their Marine departments have been working to support the industry in managing the development of LNG as a [...]
- Bail Set for Seattle High-Speed Ferry Thief
A man accused of leaping a fence at the Seattle waterfront and briefly commandeering a high-speed ferry used to shuttle passengers between Washington state and Canada was in jail on Monday with bail set at $200,000.
- Australia Port Hedland Iron Ore Exports To China Up 38 Percent On Year
Iron ore exports to China from Australia’s Port Hedland, which handles about a fifth of the global seaborne market, rose 38 percent in November from the same month last year in another sign of solid demand from the Asian giant.
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