BusinessNews

dub

Van Oord Wins Contract for Dubai Island Megaproject

By MarEx 2017-07-20 17:25:35

On Thursday, Van Oord announced that it has won the marine works contract for Meraas Holding's Dubai Harbour, a luxury megaproject adjacent to The Palm Jumeirah and Dubai...

bah

Bahri Takes Delivery of VLCC from Hyundai Heavy Industries

By MarEx 2017-07-20 16:23:42

On Wednesday, Saudi shipping firm Bahri took delivery of the 300,000 dwt tanker Aslaf, the latest addition to its growing fleet of 86 vessels.  Aslaf was built by...

file

Maersk Line: Third-Party Data Not Affected by Petya

By MarEx 2017-07-20 15:38:32

In an update Thursday, Maersk Line gave more information into the causes and effects of the Petya cyberattack, which struck its core business IT systems on June 27. Its...

alloy

Russian Scientists Patent Aluminum Plate That Floats

By MarEx 2017-07-18 14:04:41

Researchers at Peter the Great St. Petersburg Polytechnic University (SPbPU) have developed a new foam-core aluminum sheet material that could greatly increase the...

shipping

In Philippines, Shipping Defies Martial Law Jitters

By Noel Tarrazona 2017-07-17 13:31:07

The Philippine government sees a continuing increase in the shipping industry despite the declared martial law in Mindanao, on-going conflict in Marawi, growing threat in the...

merit

Maersk Line Still Fixing the Damage from Cyberattack

By MarEx 2017-07-14 19:17:51

Weeks after the global "Petya" malware attack took down multiple computer systems at Maersk Line, the leading container carrier is still working to bring its...

hack

Video: Be Cyber Aware At Sea

By MarEx 2017-07-12 13:34:18

Fidra Films has partnered with satcom provider NSSLGlobal,  the Oil Companies International Marine Forum (OCIMF), The Standard Club and Teekay Shipping to produce a...

TUI cruise ship

TUI Group Exits Container Business

By MarEx 2017-07-10 20:08:16

TUI AG has disposed of all its remaining shares in Hapag-Lloyd to exit the container shipping business and focus on tourism. The disposal of 8.5 million shares took place...

swamp

Metal Shark Introduces New Swamp Shark Propulsion System

By MarEx 2017-07-10 12:19:09

Jeanerette, LA – July 10, 2017: Louisiana-based boatbuilder Metal Shark has partnered with Angelle Development, LLC of Breaux Bridge, Louisiana to introduce an entirely...

OOCL Hong Kong

COSCO Bids for OOCL

By MarEx 2017-07-09 16:59:31

China's COSCO Shipping has offered to buy Orient Overseas International (OOIL) for about HK$49 billion ($6.3 billion). If the deal goes ahead, COSCO will obtain...

More News Stories
subscribe