Weaker Vessel Rates Weigh on Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the seventh session on Tuesday…
Kalmar Delivers RTGs to Evergreen
Kalmar, part of Cargotec, has successfully delivered five rubber-tyred gantry (RTG) cranes to Evergreen International Storage…
With New Project, BP Breathes Life into North Sea
BP has started production at an oilfield in the North Sea after a $5.7 billion redevelopment, one of the largest such projects there in recent years that will breathe…
Cannon Tapped to Lead FLIR Systems
FLIR Systems, Inc. has appointed James J. “Jim” Cannon as its new president and chief executive officer, effective June 19…
Martek Marine Hire Head of UAV Operations
Martek Marine announced the official appointment of highly-acclaimed aviation expert Paul Forster as their Head of UAV Operations.
UNCTAD Signs MOU with MarineTraffic
Global ship tracking intelligence company MarineTraffic and the United Nations Conference on Trade & Development (UNCTAD)…
North Korea's New Ferry Service Makes First Trip to Russia
A new ferry line between isolated North Korea and its neighbour Russia docked for the first time at the Russian Pacific port of Vladivostok on Thursday. The ferry's…
Should OPEC Worry About Contango and Backwardation?
"Backwardation is the solution" to OPEC's problem of how to raise output and revenues without sparking another shale boom, according to the influential oil research team at Goldman Sachs.
Harvey Gulf Grows Fleet, Inks Long-term Contracts
As vessel many vessel operators are stacking vessels and reducing fleet size, Harvey Gulf International Marine said it has signed four non-cancelable
Rolls-Royce to Power Korean Naval Frigates
Rolls-Royce said it has won a contract to supply MT30 marine gas turbines to power the next three ships in the Republic of Korea Navy’s Daegu-class
Wilhelmsen Drone Project Takes Off
Marking a seismic shift in just how ships agents can support their customers, Wilhelmsen Ships Service (WSS) will soon be delivering its agency
The New Offshore Reality
As a mix of traditional heavyweights and start-ups fight to keep Norway’s offshore industry afloat, collectively they assess Swedbank’s chief