Ocean Rig Olympia is under contract with Total until mid-2015 with options out to mid-2017. Image: Ocean Rig
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Wallenius Wilhelmsen will return three more ships from cold lay-up as it continues to reactivate its fleet amid improving market conditions. The privately-held Norwegian/Swedish Ro-Ro shipping company last spring initiated...
More than 300 salaried employees at Newport News Shipbuilding in Virginia have been informed they will be laid off as the nation’s leading defense shipbuilder reshapes its workforce. Newport New...
By Eric Martin (Bloomberg) — The U.S. merchandise-trade deficit widened in January as imports climbed to a record high, signaling a continuing recovery in demand from American consumers. The deficit grew...
