According to a report from World News, Somali pirates hijacked a U.S.-flagged cargo ship on April 8, with 21 crew members aboard, a diplomat and a U.S. Navy spokesman said. The Kenya-based diplomat identified the vessel as the 17,000-ton Maersk Alabama and said all the crew members are American.
(Source: World News)
Davie Defense has finalized a $3.5 billion contract with the United States Coast Guard (USCG) for the construction and delivery…
ABS and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MOU) to collaborate on a range of initiatives…
Global oil supply will not meet total demand this year as the Iran war wreaks havoc on Middle East oil production, the International…
Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources…
The industry is focused on managing cost and maximizing efficiency, so why do some operators resist adopting technology, asks Captain Steve Bomgardner, CEO
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