SapuraKencana boss sees tough conditions in 2016 but 'positive' long-term outlook

Although SapuraKencana Petroleum expects the operating environment in 2016 to remain difficult due to the wild...

OOIL turns in 13% 2015 profit rise despite tough conditions

Despite turning in one of the best 2015 results among liner companies so far with a 13% rise in profit to $284m, Orient Overseas...

Denmark's Maersk Tankers reports improved market conditions in Q1

Denmark\'s AP Moller Maersk, reporting first quarter results, said its Maersk Tankers unit...

GAC Maritime Security to provide PirateFence™ vessel protection technology

GAC Maritime Security has entered into a strategic partnership with Mobile Defense Systems LLC to provide PirateFence™ anti-grapple razor wi...