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Since 12 January 2024, the United States of America and the United Kingdom, with support from Australia, Bahrain, Canada, Denmark, the Netherlands, and New Zealand, [16] have launched a series of cruise missile and airstrikes, codenamed Operation Poseidon Archer, against the Houthi movement (Ansar Allah) in Yemen in response to Houthi attacks on ships in the Red Sea. [17]
Facts. TMT and Oceanbulk entered into a series of freight forward contracts whose value depended on the movement of the freight market. At a point when TMT owed Oceanbulk a significant amount of money, they negotiated a written settlement agreement, but in September 2008 a dispute arose over the construction of the settlement agreement.
MOL (Mitsui O.S.K. Lines) was launched in 1964, following the merger of Osaka Shosen Kaisha (OSK) (大阪商船株式会社, Osaka Shōsen Kabushiki-gaisha) created in 1878, and Mitsui Steamship Co., Ltd. founded in 1942, formerly known as Mitsui Line, under the Law Concerning the Reconstruction and Reorganization of the Shipping Industry.
Frontline has a very high dividend yield, both in cash and in Ship Finance (SFL) stocks; for example, in late 2007 its annual dividend ran between 12 and 18%, depending on the fluctuating share price. SFL is an offshoot of Frontline; the offshoot is estimated to have generated 25% gains to shareholders due to the different risk in Frontline and ...
HMS Eagle was an early aircraft carrier of the Royal Navy.Ordered by Chile during the South American dreadnought race as the Almirante Latorre-class battleship Almirante Cochrane, she was laid down before World War I.
Ocean vessels that are designed to carry specific forms of neo-bulk cargo, such as dedicated Roll-on/roll-off car-carrying ships, are called neo-bulk carriers. [5] They are specially designed for the individual types of neo-bulk cargoes that they carry, although car-carriers can sometimes double-up to carry different types of cargo on a return ...
China Shipping Group Company, Limited, formerly China Shipping (Group) Company, [a] is a former Chinese state-owned shipping conglomerate. It is now one of the intermediate holding companies for another Chinese state-owned conglomerate, China COSCO Shipping, which was formed by a merger of China Ocean Shipping Company (COSCO) and China Shipping Group by the creation of a new parent company for ...
The MBC Group is one of the largest shipping enterprises in Malaysia and one of a handful of Malaysian shipping companies engaged in international shipping using its own fleet of vessels. MBC presently owns and operates a fleet of vessels comprising dry bulk carriers and product tankers. Apart from shipowning and operation, MBC is also engaged ...