9054 results
Shipping magnate John Fredriksen has increased his stake in Belgian tanker company Euronav, making him the largest shareholder. According to a filing with the US Securities and Exchange Commission (S
Port Houston experienced solid February volumes compared to the same month last year, with a total of 313,452 TEUs handled during the month, marking a 15% increase. However, the port …
By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Venezuela, April 4 (Reuters) – Venezuela’s oil exports rose in March to the highest monthly average since August, boosted by a resumption …
By Francois de Beaupuy (Bloomberg) — Electricite de France SA is betting that wind turbines at sea — already the size of skyscrapers — will be about 50% more powerful …
Persistent and concerning issues with the watertight and weathertight integrity of ships in Australian ports have been revealed in recently released ship inspection data, according to the Australian M
Offshore drilling company Seadrill Limited has announced the successful all-stock acquisition of Aquadrill LLC. The acquisition, valued at $958 million, creates an industry-leading offshore drilling
by Soo-hyang Choi (Reuters) The navies of South Korea, the U.S. and Japan will hold two days of anti-submarine exercises starting Monday to better counter North Korea’s evolving nuclear and …
by Sameer Manekar (Reuters) – Australian shipbuilder Austal sank as much as 8.4% to its lowest level in more than four years on Monday after the United States Department of …
By Karen Lema (Reuters) – The Philippines identified on Monday four more of its military bases that the United States will get access to, almost doubling the number included in …
Malaysian Prime Minister Anwar Ibrahim on Monday said he was prepared to negotiate with China over a maritime dispute between the two countries, days after a think tank reported Chinese …
By Greg Torode (Reuters) China is for the first time keeping at least one nuclear-armed ballistic missile submarine constantly at sea, according to a Pentagon report – adding pressure on …
By Todd Woody (Bloomberg) A United Nations-affiliated organization is expected to start accepting applications this summer from companies looking to mine deep-sea ecosystems for valuable metals, despi
By Tony Capaccio (Bloomberg) Five years after the US Navy’s costliest warship was crippled by flawed engine gears, prime contractor HII says it may be close to resolving a claim …
The U.S. Navy is currently testing its highly secretive Project Overmatch initiative with the Carl Vinson Carrier Strike Group off the California coast. This ambitious project is part of the …
By Julian Lee (Bloomberg) Russia’s seaborne crude flows are soaring, with no sign that the Kremlin’s threatened output cut is having any impact on the amount available on the international …
Scorpio Tankers Inc. (NYSE: STNG) has announced the repurchased of its common shares in as part of its $250 million securities repurchase program announced in February. The latest purchase comprises
U.S. Navy Undersecretary Erik Raven spoke today at the opening ceremony of the US Navy League’s Sea Air Space conference in Maryland, emphasizing the importance of the United States Coast …
The container shipping industry experienced a second straight earnings downturn in the fourth quarter of 2022, with net income reaching $34.7 billion, according to John McCown’s latest Container Shipp
Around 150 contractors employed by Sparrows Offshore Services are set to begin strike action on Wednesday, April 5, with stoppages planned to continue up to June 9, the Unite union …
Singapore-based shipbuilder, Sembcorp Marine Ltd, is set to undergo a rebranding following the completion of its merger with Keppel Offshore & Marine Ltd. The company is proposing a name change …
