Horizon Lines shareholders jump ship on bankruptcy fears
Shares in Jones Act containership operator Horizon Lines (NYSE:HRZ) plummeted today after it filed its 10K with the SEC. You can download the 10 K here. But here’s one example of what
Shares in Jones Act containership operator Horizon Lines (NYSE:HRZ) plummeted today after it filed its 10K with the SEC. You can download the 10 K here. But here’s one example of what
A U.S. District Court in San Juan issued a temporary restraining order on Friday in favor of Crowley Puerto Rico Services, Inc. The order prevents the Puerto Rico Ports Authority from beginning
French naval architect Stirling Design has unveiled a new design for a sight seeing vessel featuring a continuous open promenade deck and an upper panoramic lounge protected from the weather. The upper
Hyundai Heavy Industries, the world’s largest shipbuilder, unveiled what it says is the world’s first remote monitoring and controlling smart ship system on March 25. The IT-based smart system has been developed
Libyan Coast Guard vessels have been “firing indiscriminately at merchant vessels” according to U.S. Africa Command. U.S. Navy aircraft and the destroyer USS Barry dealt with the problem. A report filed from
Late last year, Australian shipbuilder Incat Tasmania Pty Ltd announced that it had signed a contract to build what will be the first high speed passenger RO/RO to use LNG fuel. Now
The 105,846 dwt Arab Maritime Petroleum Transport Company tanker Zirku was hijacked by Somali pirates today. EU Navfor says the ship was pirated at approximately 0900 GMT, approximately 250 nautical miles southeast
Noble Corporation (NYSE:NE) has exercised two of its four options with Sembcorp Marine’s subsidiary Jurong Shipyard for the construction of additional high-specification heavy duty, harsh environment JU3000N jackup drilling rigs. This order
Shanghai-based Graig China, part of the U.K.’s Graig group, has won a ten ship order to supervise newbuildings for Chinese leasing company Minsheng Financial Leasing Co Ltd. The supervision contract brings to
Singapore shipbuilder ST Marine has successfully delivered its first seismic survey vessel. Built for Swire Pacific Offshore Operations (Pte) Ltd.), the 68.0 m by 17.4 m Pacific Finder is a 4-streamer vessel.