Maersk Defying Market Headwinds as Profit Beats Estimates
By Christian Wienberg (Bloomberg) — Shares in A.P. Moeller-Maersk A/S soared the most since February after the owner of the world’s largest
The latest maritime and offshore news.
By Christian Wienberg (Bloomberg) — Shares in A.P. Moeller-Maersk A/S soared the most since February after the owner of the world’s largest
SHANGHAI, Aug 13 (Reuters) – The northeastern Chinese port of Tianjin is operating as normal after two massive explosions ripped through an
German shipbuilder Meyer Werft is getting ready to for the launch of the 164,600 gross ton cruise ship Norwegian Escape from the covered building dock II
A diver off the coast of has capture some new footage of what is believed to be the largest great white shark ever caught on film. The shark, which
Seven people were injured Wednesday when a U.S. Army helicopter crashed on the deck of a Military Sealift Command (MSC) ship during a training exercise
The main contractor in the Panama Canal expansion project says it has reached an agreement with the local labor union, avoiding a labor strike that
By Drewry Shipping Consultants The impressive ‘New Suez Canal’ project will improve capacity, transit times and reduce delays, not least because it
The government of China is moving forward with a research project that will explore potential future uses of unmanned ships. China’s Maritime
BERLIN, Aug 12 (Reuters) – Greece will move rapidly to privatise its ports, regional airports and its power grid operator under a memorandum of
HAMBURG/LONDON, Aug 12 (Reuters) – Shipping on the river Danube was blocked in south Germany on Wednesday after a cargo vessel ran aground because of low
By Tony Capaccio (Bloomberg) — Top Pentagon officials have ordered the Navy to conduct shock tests at sea for its new aircraft carrier over
By Timothy Gardner WASHINGTON, Aug 11 (Reuters) – The U.S. Coast Guard has been forced to divert resources – including a vessel that fights
Update: Panama Canal Expansion Strike Averted Original: A looming labor strike could delay the opening of the expanded Panama Canal’s Third Set of
The DolWin beta offshore converter platform has reached its final destination in the North Sea where it will soon serve as a critical link between one of the
Here is a new time-lapse video from Maersk Line showing a transit of the New Suez Canal, an adjacent waterway that now allows vessels to pass each other
By Brenda Goh SHANGHAI, Aug 11 (Reuters) – China Ocean Shipping (Group) Company (COSCO) and China Shipping Group are in talks over a possible
Singapore’s Keppel Shipyard says it is continuing to secure contracts from new and existing clients even amid the current downturn in the market
The 22,400 ton steel jacket for the Statoil-operated Mariner A platform on the UK Continental Shelf (UKCS) left the Spanish Dragados yard on Monday and is now
By Toby Sterling and Anthony Deutsch AMSTERDAM, Aug 11 (Reuters) – Royal Imtech, the Dutch engineering services company, filed for protection from
The Panama Canal Authority (ACP) says it will set temporary draft restrictions on vessels transiting the Canal because of drought caused by El Niño. In
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