Maersk’s New CEO Needs a Bit of Bravery to Unlock Value
By Chris Bryant (Bloomberg) — Investors are understandably excited about a change of the guard at AP Moeller-Maersk but much will
By Chris Bryant (Bloomberg) — Investors are understandably excited about a change of the guard at AP Moeller-Maersk but much will
Norwegian shipbuilder Ulstein has delivered the first of two new offshore wind farm Service Operation Vessels to Bernhard Schulte Offshore. The vessel is
Update (5:00 p.m. EDT) – The U.S. Coast Guard has confirmed that a second body was recovered Thursday as crews continue to search off of Boca Grande
By Darrin Zamit Lupi ABOARD THE TOPAZ RESPONDER, June 23 (Reuters) – Ships manned by humanitarian organisations, the Italian navy and coast guard helped
By Kyunghee Park (Bloomberg) — Hyundai Merchant Marine Co. gained the most in more than two decades in Seoul trading on optimism a restructuring plan for
By Jacob Gronholt-Pedersen and Teis Jensen COPENHAGEN, June 23 (Reuters) – Danish shipping and oil group A. P. Moller-Maersk could split up into separate
By Mike Wackett (The Loadstar) – Ahead of the official opening of the $5.25bn expanded Panama Canal this Sunday, the insurance industry is preparing
Offshore engineering and construction contractor Subsea 7 has announced a second phase of global downsizing that will include the elimination of about 1,200
One of the world’s largest salmon producers is looking to the offshore oil and gas industry for inspiration with the development of a semi-submersible
A Dutch foundation developing an advanced clean-up system to rid the world’s oceans of plastic has unveiled its first-ever prototype to be launched later
The insurer of a Liberian-flagged bulk carrier which ran aground last week in Mauritius following an apparent brawl on board says that the incident was
The International Maritime Organization is getting ready to celebrate its sixth annual international Day of the Seafarer on June 25th. The theme of this
Great time-lapse video showing a trial transit of the Panama Canal’s new Atlantic-facing Agua Clara locks from a pilot’s perspective. The vessel is
By Jonathan Saul, Sophie Sassard and Andrew MacAskill LONDON, June 22 (Reuters) – The Royal Bank of Scotland has received bids for its Greek ship finance
Representatives from the Rolls-Royce led Advanced Autonomous Waterborne Applications Initiative (AAWA) are in Amsterdam this week to discuss the
By Andreas Kröner FRANKFURT, June 21 (Reuters) – The European Central Bank is taking a hard look at lenders’ ship financing portfolios amid a
By Gavin van Marle (The Loadstar) – The continuing cost-per-slot supremacy of ultra-large container vessels (ULCVs) was called into question by speakers
SHANGHAI, June 21 (Reuters) – State-owned China COSCO Shipping Corp plans to launch cruise trips in the South China Sea next month, with the first route
By Jonathan Saul LONDON, June 21 (Reuters) – Denmark’s Maersk Line is fighting to remain the world’s no.1 container shipping carrier as a
By Robert Hutton, Alex Morales and Svenja O’Donnell (Bloomberg) — Prime Minister David Cameron made an impassioned plea to the British people to
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