Search Results for "how to buy ships"

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Maritime Executive

Hapag-Lloyd UASC Merger Benefits to Show in 2017

German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from its planned merger with Arab rival UASC next year, and realize them fully from 2019...

Maritime Executive

Vard Finalizes Two More Cruise Ship Orders

Travel and tourism group TUI has ordered two new cruise ships for its Hapag-Lloyd cruise business, to meet rising demand for expedition trips to areas such as the polar regions or the Amazon. The c...

Maritime Executive

Attackers Open Fire on Migrant Rescue Vessel

On Thursday, humanitarian relief organization Medecins Sans Frontieres reported that the chartered anchor handler Bourbon Argos was attacked and boarded by armed men the morning of August 17.  The...

Maritime Executive

With Day Rates Down, More Seafarers Abandoned

Unpaid, underfed, and thousands of miles from home on a rusting tanker, captain Munir Hasan says he is a victim of a shipowner who has slashed costs in the face of an eight-year shipping downturn....

Maritime Executive

U.S. Forces Celebrate National Dog Day

Images posted on social media today recognise the importance of dogs to the U.S. armed forced on National Dog Day. Stay on Top of the Daily Maritime News...

Maritime Executive

BAE May Lay Off Half of Alabama Shipyard's Staff

BAE Systems' ship repair division announced Thursday that it will be reducing staff levels at its Mobile, Alabama facility by up to 200 positions, half of the current payroll. The announcement confirm...

Maritime Executive

Carrier USS Independence Bound for Scrapyard

On Friday, International Shipbreaking Ltd. announced that the aircraft carrier USS Independence (CV 62) will be towed to her final destination in Brownsville, Texas, and is expected to arrive in early...

Maritime Executive

Petrobras to Cut Workforce by Twenty Percent

A voluntary layoff program at state-run oil company Petrobras has been accepted by 6,100 employees, a source with direct knowledge of the matter told Reuters. The number may rise by month-end, the...

Maritime Executive

Towing Casualties Decline, but Fatalities Rise

There were six crew fatalities in the U.S. towing industry in 2015, an increase of two over the previous year, translating to a projected fatality rate of seven per 100,000 workers. Three of these fat...

Maritime Executive

Tuco Reveals New Arctic Workboat Prior to SMM

Approaching next month’s SMM in Hamburg, one of the world’s leading maritime meeting places. Danish producer Tuco Marine reveal a new Arctic Workboat Daughter Craft. The boat have been developed upon...