Singapore: FSL Trust Management has demanded that two of its two crude oil tankers, Aqua and Action, be redelivered by Geden Holdings Ltd who has defaulted on lease payments. Geden have failed to pay the agreed lease payments despite being in restructuring talks with FSL over many months. FSL intends to deploy the vessels…
Minister for Defense Stephen Smith and Minister for Defense Materiel Mike Kelly today announced further significant initiatives to both maintain the capability of Australia’s Collins Class submarine fleet and further improve Collins Class maintenance, sustainment and availability. The Collins Class submarine fleet of six submarines is an essential part of Australia’s national security capability.…
A cargo ship has run aground approximately 2.5 miles south of Tobermory, Sound of Mull. Stornoway Coastguard received a 999 call just after 6am this morning reporting that a 90-metre long vessel carrying wood had run aground on rocks. The seven crew on board are said to be safe and well, with no reported…
Two ferry passengers are dead, and others are still missing, after the Masbate-bound vessel sank early Friday. The latest reports state that 52 of the ferry’s 57 crewmembers and passengers listed on the ship’s manifest had been rescued, while three were still missing. However, officials worry that seven divers and their assistants who were…