Frontline May Need To Restructure
OSLO, May 27 (Reuters) – OSLO, May 27 (Reuters) – Oil tanker firm Frontline reported deepening losses Tuesday and said it may struggle to repay its
OSLO, May 27 (Reuters) – OSLO, May 27 (Reuters) – Oil tanker firm Frontline reported deepening losses Tuesday and said it may struggle to repay its
A Chinese vessel attacked and sank a Vietnamese fishing boat, the Vietnam government said, raising tensions over a territorial dispute that saw clashes between
Deciding which candidate to hire for a role in your organization is one of the most important management challenges there is. Regardless of job level, the
By Geert De Clercq PARIS, May 26 (Reuters) – U.S.-Mexico ferry operator Baja Ferries is in talks with French transport firm Transdev about buying its 66
SAL Heavy Lift announced today the signing of a major new contract with Australian marine jetty specialist BAM Clough for the shipping and deployment of LNG
Off the North Sea coast of Germany is an impressive array of wind farms that feed an enormous amount of renewable energy to the European power grid. Due to
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Seadrill has announced today a historic cooperation agreement that will result in a significant equity investment by Russian oil supermajor Rosneft into North
ST PETERSBURG, Russia/OSLO, May 24 (Reuters) – Russia’s Rosneft could buy a controlling stake in the world’s largest offshore driller,
A helicopter crew dispatched from a U.S. Navy warship located the overturned hull of the missing Cheeki Rafiki sailing vessel approximately 1,000 miles
In February 2014, the 3D Seismic Vessel ‘Polarcus Naila’ was at Damen Shipyard Group’s ship repair and conversion yard Shipdock Amsterdam for a 6-week
A weak dry bulk spot market has provided John Fredriksen’s dry bulk shipping firm, Golden Ocean Group (GOGL) with a small, yet diminishing profit so far
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Global tug and salvage operator Remolcadores Marracoi SL (REMARSL) chose a full Caterpillar Marine power and propulsion package for a new 55 ton bollard
SINGAPORE, May 23 (Reuters) – Commodities shipper BW Group and Singapore’s Pavilion Energy have agreed to form a joint venture to manage, acquire
1) US refiners are slowing down? Not exactly. In a Reuters report today, Valero was quoted in late April as saying, “it had reduced operations at two
By Chou Hui Hong May 23 (Bloomberg) — Liquefied natural gas sellers may face more competitive markets in Japan and South Korea, which together bought
By Valerie Volcovici WASHINGTON, May 23 (Reuters) – Recent meetings between U.S. oil producers and Commerce Department officials have fueled industry
By Kathleen Hunter May 22 (Bloomberg) — The U.S. Senate cleared for President Barack Obama’s signature a $12.3 billion water-projects bill that
The main driver of this year’s outlook is the anticipated development of El Niño this summer, according to
Oregon Iron Works (OIW) and Vigor Industrial (Vigor) have announced that the companies are merging in order to compete for larger and more complex projects and
By Thomas Allegretti, Chairman, American Maritime
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As bigger and bigger containerships are now calling on U.S. ports, the U.S. Coast Guard, along with the San Francisco Bar Pilots, local tug workgroup members
By Balazs Koranyi OSLO, May 22 (Reuters) – The global offshore drilling market’s dip could be longer than previously expected and charter rates
BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION America’s open seas have long been a source of prosperity and strength, and since before
The union representing tugboat workers at Australia’s Port Hedland, the world’s biggest bulk export terminal, will suspend taking strike action for the
LONDON, May 22 (Reuters) – The crew of a charter boat taking part in a search for four British sailors missing in the Atlantic Ocean has found some
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