Water levels on the Rhine and Danube in Germany remain low as a drought and heatwave continues and freight vessels cannot sail fully loaded on the rivers, traders said on Monday.The Rhine is too shallow for normal sailings from Duisburg to southern Ger…
Low Water Hinders River Shipping in Germany Read More »
Singapore-listed offshore vessel owner doubles revenue for the second quarter.
PACC Offshore halves losses Read More »
Creditors of Stanford Marine Group (SMG), which has links to troubled private equity firm Abraaj, are in talks with three potential buyers, sources familiar with the matter say.Banks are overseeing control of Dubai-based SMG after it failed…
Stanford Marine in Talks About Sale of Business Read More »
Chief executive says company has made headway in improving overall performance.
POSH Offshore cuts loss in encouraging quarter Read More »
More than 1 ton of cocaine hydrochloride was seized on board a boxship in the waters near Barranquilla.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Colombia: Over a Ton of Cocaine Found on Containership Read More »