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  • CHONGQING, China, Nov 7- Paint inspired by the skin of a tuna fish and automated drone ships that don't need crews: such ideas could revolutionise the next generation of ocean vessels as the shipping sector looks to cut costs and tackle pollution. Faced with new environmental rules and the need to cap operating costs as profits slide, shippers are renewing their...

  • LONDON, Nov 6- Shipping services that support Russia's attempts to extract oil from remote parts of the Arctic will run into difficulties as banks scale back energy financing due to Western sanctions, increasing transport costs for the frontier sector. Sanctions imposed on Russia by the United States and European Union over Ukraine have targeted the...

  • The 14- story Antares rocket, built and launched by Orbital Sciences Corp, blasted off from the Wallops Flight Facility at 6:22 p.m. on Tuesday but burst into flames moments later, the first disaster since NASA turned to private operators to run cargo to the space station. Orbital Sciences stock fell 15.9 percent to $25.54 on Wednesday. The loss of the supply...

  • Oct 28- An unmanned Antares rocket exploded seconds after liftoff from a commercial launch pad in Virginia on Tuesday, marking the first accident since NASA turned to private operators to deliver cargo to the International Space Station. The 14- story rocket, built and launched by Orbital Sciences Corp, blasted off its seaside launch pad at the Wallops Flight...

  • The cause of the accident was not immediately known, said NASA mission commentator Dan Huot. NASA launch control said damage appeared to be limited to the launch facility and rocket. Virginia- based Orbital Sciences is one of two companies hired by NASA to fly cargo to the station after the space shuttles were retired.

  • The cause of the accident was not immediately known, said NASA mission commentator Dan Huot. NASA said there were no injuries. Virginia- based Orbital Sciences is one of two companies hired by NASA to fly cargo to the station after the space shuttles were retired.

  • High Arctic costs deter business despite thaw Monday, 27 Oct 2014 | 9:03 AM ET

    BODOE, Norway, Oct 27- Despite high hopes for Arctic business from mining to shipping as the ice melts rapidly and temperatures rise twice as fast as the global average, few firms say the sums still make sense. An oil price slump and cheaper commodities, including iron ore, together with tensions between the West and Russia over Ukraine, are adding new disincentives.

  • A once-sunk industry floats again Saturday, 5 Jul 2014 | 7:00 AM ET

    The recession took the boating industry from 400,000 new yearly registrations to less than 200,000. Now it is floating again.

  • Lloyd's of London: Marine still strong in Asia   Wednesday, 6 Nov 2013 | 7:12 PM ET
    Lloyd's of London: Marine still strong in Asia

    John Nelson, Chairman of Lloyd's of London describes that while it has diversified from marine insurance, it still remains significant in Asia.

  • Marine Wire Story Sunday, 1 Dec 2002 | 12:00 AM ET