Offshore Oil’s $105 Billion Hangover Adding to Industry Woes
By Peter Millard, Laura Hurst and David Wethe (Bloomberg) –Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and
By Peter Millard, Laura Hurst and David Wethe (Bloomberg) –Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and
Several fire fighters have been injured while responding to a fire on board a vehicle carrier off Blount Island in Jacksonville, Florida. Coast Guard Sector
Salvors in Brazil have refloated the stricken Stellar Banner more than three months after the VLOC ran aground. The refloating comes following the removal
The Australian Transportation Safety Bureau is highlighting the importance of applying existing safety management procedures after a containership’s crew
By Erwin Seba HOUSTON, June 4 (Reuters) – As oil and gas companies began shutting offshore production before the first tropical storm of the season in
By William Mathis (Bloomberg) — Swedish energy company Vattenfall AB is going ahead with building one of the world’s largest offshore wind farms and
By Ana Monteiro (Bloomberg) –U.S. trade in goods and services plunged in April to the lowest level in almost a decade as the Covid-19 pandemic stifled
Press Release Incat Crowther is pleased to announce the launch of Incat Crowther 14 Terror. The monohull landing craft will be one of two support craft on the
By Patricia Zengerle and Timothy Gardner WASHINGTON, June 3 (Reuters) – U.S. senators will announce a bill this week expanding sanctions on
The 24,000 TEU-class HMM Algeciras arrived in Rotterdam today setting a new record as the largest ship to enter a European port. The ship arrived at
At least 86 people have tested positive for COVID-19 on board a U.S.-flagged fishing trawler now docked in Seattle, Washington. American Seafoods Company
By Mike Wackett (The Loadstar) – Demolition markets in the Indian subcontinent have now largely reopened and are preparing for a new wave of
By Francois de Beaupuy (Bloomberg) — Electricite de France SA and its Canadian and German partners have finalized the funding of a 2-billion euro ($2.23
By Brian K. Sullivan (Bloomberg) –Tropical Storm Cristobal, now gaining strength in the southern Gulf of Mexico, could grow into a hurricane as it moves
The Master of the APL England appeared in a Queensland court on Monday to face two charges related to the loss of about 50 containers overboard during heavy
PARIS, June 2 (Reuters) – French-based CMA CGM, the world’s fourth-largest container shipping group, said on Tuesday it would aim to become carbon
June 2 (Reuters) – The U.S. Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest
The United States’ marine economy contributed about $373 billion to the nation’s gross domestic product in 2018 and grew faster than the nation’s economy
The Digital Container Shipping Association has published its IoT connectivity interface standards for shipping containers. The DCSA is a neutral, non-profit
SEOUL, June 2 (Reuters) – South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order
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