Iran eyes Nicaragua rival to Panama Canal

Managua - Foreign Minister Mohammad Javad Zarif says Iran is interested in a massive project to build a canal across Nicaragua which will link the Pacific and Atlantic oceans.


Hapag-Lloyd shareholders approve merger with UASC

Hamburg - The main matter regarded creating the capital conditions required for the planned merger with the Arabian liner shipping company UASC.


U.S. Navy ship fires warning shots at Iranian vessel

Washington - Years of mutual animosity eased when Washington lifted sanctions on Tehran in January after a deal to curb Iran’s nuclear ambitions but serious differences still remain over Iran’s ballistic missile program, Syria and Iraq.


Vard secures contract for two luxury expedition cruise vessels for Hapag-Lloyd

London - The vessels will be approximately 16,100 gross tons, about 138 meters long and 22 meters wide. Each vessel has seven passenger decks, with accommodation for a total of 240 passengers in 120 cabins and suites.


El Faro captain ordered crew to abandon ship before sinking

Tampa - The captain of the doomed El Faro cargo ship sounded an alarm for his crew to abandon the vessel shortly before it sank last fall in a hurricane near the Bahamas, killing all 33 onboard,

Big oil tankers’ need for retrofit delays use of new Panama Canal
Damen and AEC Maritime join forces for scrubber solutions
Nigeria: Terminal operators lost N58.9bn in earnings in 10 years
Huntington Ingalls Industries won $52 million modernization contract for USS Harry S. Truman
China investigates Tianjin vice mayor for corruption