Search Results for "how to buy ships"

Iraq Bans Three Tankers for Carrying Kurdish Oil

August 30, 2016

Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure on the semi-autonomous region amid tense talks on sharing oil revenue. Kurdis...

How the U.S. Navy Would Fight Iranian Attack Boats

August 30, 2016

By David Axe Four times last week, speedboats belonging to Iran's Islamic Revolutionary Guard Corps – a sort of government-sanctioned Islamic militia – harassed four American vessels patrolling the...

Shipping's Moral Hazard

By Basil Karatzas

August 30, 2016

Low freight rates have been a concern for a great number of reasons and a wide range of market participants. Shipowners faced with weak cash flows cannot perform on their loans, causing problems for l...

Singapore Authorities Form Maritime Safety Group

By The Maritime Executive

August 30, 2016

The Maritime and Port Authority of Singapore (MPA) has kicked off a new international safety initiative meant to reduce marine casualties in Singapore’s waters, which are among the busiest in the worl...

LCS Coronado Develops Propulsion Problems

By The Maritime Executive

August 30, 2016

On Tuesday, the U.S. Navy's Third Fleet announced that the Independence-class littoral combat ship USS Coronado suffered an engineering casualty on her maiden overseas deployment and is returning to P...

Libyan Navy Patrol Fired "Warning Shots" at Aid Ship

By The Maritime Executive

August 30, 2016

On Tuesday, Libyan navy spokesman Ayoub Qassem acknowledged that one of the force's patrol boats had opened fire in the direction of the chartered anchor handler Bourbon Argos on August 17. He ass...

Manila: China Must Recognize South China Sea Ruling

August 30, 2016

China will be the 'loser' if it does not recognize an international court ruling against its territorial claims in the South China Sea, Philippine Foreign Minister Perfecto Yasay said on Tuesday. A...

Acclaim for ?sgard

By The Maritime Executive

August 30, 2016

The Norwegian Petroleum Directorate (NPD) has awarded its improved oil recovery prize for 2016 to the licensees of the Åsgard field in the Norwegian Sea for their subsea wet gas compressor. This wi...

Banks to End Support for Hanjin Shipping

August 30, 2016

Creditor banks of Hanjin Shipping Co Ltd have decided to stop supporting South Korea's largest shipping company, increasing the likelihood of the company being put under court receivership, two people...

U.S. Funds Wave Energy Development

By The Maritime Executive

August 30, 2016

The U.S. Energy Department has announced 10 organizations selected to receive more than $20 million in funding for new research, development, and demonstration projects that advance and monitor marine...

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