Tug To Reach Tanker By Friday
A tugboat sent to rescue an oil tanker drifting off Bermuda should reach the ship by Friday night, BP Amoco said. "The boat is expected to keep clear of land andā¦
Kursk Rescue Plans Coming
President Vladimir Putin will formally announce plans to raise the nuclear submarine Kursk when he meets European Union leaders this weekend. "It will be the firstā¦
Teekay Rating Raised
Standard & Poor's revised its outlook on Teekay Shipping Corp. to positive from stable. The outlook revision reflects Teekay's consistent, solid performance, whichā¦
U.S. Carrier Docks In New Singapore Pier
U.S. aircraft carrier Kitty Hawk docked at Singapore's new deep-draft naval pier on Thursday, the first giant American warship to use the facility. The pier, at Singapore's Changi Naval Baseā¦
Holt Group Files For Bankruptcy
Holt Group Inc., a large Delaware River port operator offering cargo services, including stevedoring and warehousing, voluntarily filed for Chapter 11 bankruptcy protection with the U.S.
Hyundai Founder Dies
Chung Ju-yung, the rags-to-riches founder of South Korea's mighty Hyundai industrial empire, died on Wednesday aged 85. Born into a poverty-stricken farming family in 1915 in what is now North Koreaā¦
Frontline Ltd. Sells Two VLCCs
Frontline Ltd. has sold the two VLCCs, Front Tartar and Front Tarim, both built 1993 to undisclosed buyers for an en-bloc price of $104 million. The two VLCCs wereā¦
OceanConnect.com And Clarksons Agree On Bunker Business
OceanConnect.com, the global online marketplace for the purchase and sale of marine fuels, products and services has entered into a joint marketing and servicesā¦
