Shanghai To Invest $217M For Port Expansion
Shanghai is reportedly investing $217 million to build a man-made peninsula to expand its deepwater docks. The move, aimed at turning China's largest port into an international shipping centerā¦
Kvaerner Makes A Play For Aker Maritime
"Aker RGI believes that the bid does not reflect the values in Aker Maritime," the company said in a statement. Aker RGI, owned by Norwegian billionaire Kjell Inge Roekkeā¦
Ships Collide
The Greek-flagged bulker/container vessel Ivan Susanin was reportedly involved in a collision on August 6 near Southwest Pass, U.S., with the Russian-flagged freighter Anangel Endeavour.
Nigerian Dockworkers Strike
Dockworkers at the two ports in Nigeria's commercial capital Lagos staged a protest on Monday against new government measures restricting access to the docks to stevedore companiesā¦
Lockheed Martin, Comsat Combination Completed
Lockheed Martin and Comsat have completed the strategic combination following final approval from the Federal Communications Commission (FCC). The transaction wasā¦
Celebrity Cruises Garners Environmental Protection Award
Celebrity Cruises' Century, Galaxy and Mercury have today been awarded Lloyd's Register's Environmental Protection descriptive note. The 70,000-gt Century; 76,000-gt Galaxyā¦
