Search Results for "how to buy ships"

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Maritime Executive

COSCO Concludes Purchase of Piraeus Port

China's COSCO Shipping, owner of the world's fourth largest container fleet, took a 51 percent stake in Greece's largest port on Wednesday. The sale of Piraeus Port had been suspended by the leftis...

Maritime Executive

What's in Your Fire Main?

The general alarm rings in the middle of the night. Ten seconds of ear-ringing, nerve-jangling racket designed to raise the crew from a deep slumber. You stagger from your cabin, struggling into the c...

Maritime Executive

Offshore Wind Conditions in U.S. Might Challenge Developers

University of Delaware researchers report in a new study that offshore wind may be more powerful, yet more turbulent than expected in the northeastern United States. The findings could have importa...

Maritime Executive

Subsea Meets Aquaculture

GCE Subsea, NCE Seafood Innovation and Deloitte are running a project to explore the crossover potential between oil and gas and aquaculture, and funding for phase 2 is now secured through a grant fro...

Maritime Executive

Tensions Set Aside for East China Sea Rescue

On Thursday, the Greek-flagged bulker Anangel Courage collided with a Chinese fishing vessel off the disputed Senkaku Islands, sinking the smaller ship. Japan Coast Guard units responded and rescued a...

Maritime Executive

Pokemon Players Interfere With Ferry Operations

Transportation officials from Washington to Cornwall are trying to figure out how to deal with problems created by Pokemon Go players, some of whom are breaching security or obstructing traffic on pas...

Maritime Executive

RBS Puts Turkish Shipping Loans Up For Sale

Royal Bank of Scotland has put its portfolio of Turkish shipping loans up for sale, in the latest move by the state-backed bank to exit this troubled sector and cut overall losses through asset sales,...

Maritime Executive

50 Tonnes of Fuel Spilled from Grounded Rig

The UK government said Thursday that as much as 53 metric tons of diesel fuel were spilled from tanks in the pontoons of the grounded rig Transocean Winner.  No signs of pollution have been observe...

Maritime Executive

Navy Rolls Out "Magic Carpet" for Carrier Landings

The Navy is rolling out the carpet for its carrier-based aircraft – the "Magic Carpet," a computer-assisted landing system designed to take some of the risk out of landing on the deck of a moving ship...

Maritime Executive

Turkish Stream Pipeline's Prospects Revived

The renewed prospects of the massive Turkish Stream gas transmission project from Russia to Turkey stands to boost the world's subsea pipeline construction market by more than 50 percent, according to...