Executives of publicly traded shipping and offshore drilling companies have a legal duty to act in the interest of the shareholders of their respective organizations. To fulfill this duty, executives...

“While the shape of the shipping industry in North America is fairly stable, we are expecting more global demand from our cruise and offshore customers,” comments Philip Bannerman, Sales Director...

Drewry’s latest Container Forecaster analysis questions carriers financial prudence as they go back to their old modus operandi of chasing market share irrespective of revenue. London, 10 January 2011 –...

Dow Jones News Wire provided this article discussing the recent “for sale” announcement by Pride International, and their shallow-water jack-up drilling rig business, Seahawk Drilling.  They mention possible bidders to...