Continued Search News

Rescuers have lost hope of finding more survivors of the Baltimore bridge collapse, the coast guard said, as efforts switched on Wednesday to looking for bodies of the missing and more answers to why a container ship smashed into the span.Search divers were expected to return near dawn to the waters surrounding the twisted ruins of the bridge in Baltimore Harbor to search for six workers missing and now presumed dead.The disaster has forced the indefinite closure of the Port of Baltimore, one of the busiest on the U.S.

Search divers were expected to return near dawn on Wednesday to the waters surrounding the twisted ruins of a bridge knocked down in Baltimore Harbor by a faltering cargo ship, leaving six workers missing and presumed dead.The disaster also forced the indefinite closure of the Port of Baltimore, one of the busiest on the U.S. Eastern Seaboard, and created a traffic quagmire for Baltimore and the surrounding region.As the odds of their survival vanished, the search for the six workers was suspended on Tuesday evening…

The leading provider of global tramp and liner services for the ocean transportation of heavy lift Zemarine has appointed Hugo Trumpy as exclusive agent for the Italian market.With more than 100 years of combined experience, Intermarine, Zeaborn and Rickmers-Line have combined and consolidated operations to unite as Zeamarine, a new and trusted industry leader, said a press release.The JV will have more than 85 vessels and is expected to exceed 100 vessels by year-end. The near-term strategy for the new, one group one company Zeamarine is growth, improved customer service; and a continued search for opportunities to build the business.Zeamarine operates those multi-purpose heavy lift vessels with deadweight capacities between 6.300 and 30.000 dwat, representing a market share of about 15%.

China's offshore oil and gas producer CNOOC Ltd reported its worst annual result since at least 2011, with revenue from its core oil and gas business tumbling 17 percent last year, but it expects to raise output 2017 as oil prices rebound. CNOOC reported a net profit of 637 million yuan ($92.5 million) in 2016, down nearly 97 percent from 20.2 billion yuan in profit in 2015. Total revenue from oil and gas fell to 121 billion yuan from 147 billion yuan in 2015. "CNOOC managed to eke out a tiny profit thanks to cost efficiencies and the oil price rebound during 4Q…

Solutions submitted to the third annual Ocean Exchange should have the potential to generate economic growth and increase productivity while reducing the use of nature’s resources and waste production. This year’s competition, with a theme of LEAP TO ZERO+, represents Ocean Exchange’s continued search for entrepreneurs and businesses from around the globe with innovative solutions to the world’s most pressing problems or an interest in those solutions. Ultimately, The Ocean Exchange…