Subsea 7 to Cut 1,200 More Jobs
Offshore engineering and construction contractor Subsea 7 has announced a second phase of global downsizing that will include the elimination of about 1,200
Explore the latest developments in the shipping industry, including market trends, fleet management, and the impact of global trade on maritime logistics.
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
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
The U.S. Coast Guard on Monday published the final rule of its new and long-awaited towing vessel regulations known as Subchapter M establishing new
Finnish shipyard Meyer Turku on Monday delivered the cruise ship Mein Schiff 5 to TUI Cruises a full ten days ahead of schedule. Construction of the
A Panamanian-flagged bulk carrier has been refloated after running aground on at a world-famous diving site off Cebu, Philippines last week. The ship, MV Belle
MANILA, June 20 (Reuters) – Indonesia, Malaysia and the Philippines on Monday agreed to designate a transit corridor for commercial vessels crossing a
SEOUL, June 20 (Reuters) – Two Vietnamese crewmen on a South Korean fishing vessel in the Indian Ocean have allegedly stabbed and killed the ship’s
By Saket Sundria, Debjit Chakraborty and Dhwani Pandya (Bloomberg) — Oil and Natural Gas Corp., India’s biggest explorer, is preparing to spend on its
Update: Insurer Says Benita Grounding a Medical Issue, Not Mutiny A 44,000 DWT bulk carrier is hard aground in Mauritius after a fight apparently broke out on
Dozens of passengers and crew found themselves leaping from a heavily rolling ferry which became stuff against a pier at an island off Sicily on Thursday.
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