News

The governors of Maryland, North Carolina, and Virginia are teaming up to advance offshore wind projects and promote the region as a hub for offshore wind

By Anna Shiryaevskaya, Tsuyoshi Inajima and Saket Sundria (Bloomberg) –Ships carrying cargoes around the world are waiting for days to pass through the

By John J. Edwards III and Jonathan Levin (Bloomberg) Royal Caribbean Cruises Ltd. reported negative revenue for the third quarter, a rare occurrence among

By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. warned it may take up to $30 billion in writedowns on natural gas fields acquired more than a decade

Houston-based Kirby Corporation, the leading domestic tank barge operator, saw profit fall in the third quarter of 2020 compare to last year as the COVID-19

Malaysian oil and gas producer Petronas says investigations are on-going into the cause of the incident involving the offshore supply Dayang Topaz. As we

Italian shipbuilding group Fincantieri has landed a cooperation agreement with the leading shipbuilder in India to help modernize the country’s defense

The operation to clean-up balls of oil that have washed ashore in Delaware Bay has expanded to Maryland beaches as the investigation into the source of the

By Isis Almeida, Tatiana Freitas and Alfred Cang (Bloomberg) –The U.S. has started selling soybeans to Brazil after the world’s top exporter lowered

(Bloomberg) –Carnival Fantasy was a ship famous for its outlandish décor, all-night revelry and its size—back when 2,000 was an incredible number of

By William Mathis and Nishant Kumar (Bloomberg) — Vestas Wind Systems A/S, the world’s biggest wind turbine manufacturer, will buy out its offshore

Oct 29 (Reuters) – Cruise operator Royal Caribbean Group’s revenue turned negative for the first time and it posted a billion-dollar net loss for

(Bloomberg) – The world’s biggest cruise lines have roughly doubled the number of lobbyists they’re dispatching to congressional offices and several

Oct 28 (Reuters) – Hurricane Zeta smashed into Louisiana on Wednesday with 110-mile-per-hour (175 kph) winds and what government trackers called “a

A preliminary report from Australian maritime investigators into the loss of containers from the APL England says that the ship experienced heavy rolling and

By Erwin Seba HOUSTON, Oct 28 (Reuters) – Energy firms shut two-thirds of offshore U.S. Gulf of Mexico oil production, turned off undersea pipelines and

Authorities in the UK are continuing to monitor the response to an overboard container incident in the Bristol Channel in southwest England. The incident was

The captain of the Maersk Launceston has been arrested following the ship’s collision with a Greek Navy minesweeper on Tuesday near Piraeus, Greece. An

The heavy lift vessel VB10000 has arrived in St. Simons Sound, Georgia for the highly anticipating cutting and lifting operation in the salvage of the Golden

By Jonathan Saul LONDON, Oct 28 (Reuters) – Cargill, one of the world’s biggest charterers of ships, is working with technology partners to fit