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Ships Cross Egypt’s New Suez Canal in First Test-Run

The first cargo ships passed through Egypt’s New Suez Canal on Saturday in a test-run before it opens next month, state media reported, 11 months after the army began constructing the $8 billion canal alongside the existing 145-year-old Suez Canal.

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K-Line Agrees to Settlement in Alleged Price-Fixing Scheme

Attorneys representing a group of consumers and auto and truck and equipment dealerships in antitrust claims against more than a dozen international shipping firms have reached a settlement with Japan’s Kawasaki Kisen Kaisha Ltd., known as K-Line.


Video: Damen Launches Subsea Support Vessel – Maersk Connector

Senior representatives of Maersk Supply Service, DeepOcean UK and the Damen Shipyards Group gather at Damen Shipyards Galati, Romania recently launched the subsea support vessel Maersk Connector. The vessel is owned and operated by Maersk Supply Service and is built to contract for a seven year charter agreement with DeepOcean.


Shell Prohibited From Drilling Into Oil Bearing Arctic Zones

After extensive review and under a robust array of safety requirements, Bureau of Safety and Environmental Enforcement (BSEE) Director Brian Salerno today announced that Shell has received conditional approval of two Applications for Permits to Drill (APD) to conduct limited exploratory drilling activities in the Chukchi Sea offshore Alaska.

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