Tidewater CEO sees happy days here again Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) today reported second quarter results that saw revenues sharply up and losses reduced. "We believe the second quarter of 2022 marks the inflection point in
Bollinger delivers 50th Fast Response Cutter Bollinger Shipyards LLC has delivered the USCGC William Chadwick to the U.S. Coast Guard in Key West, Florida. This is the 176th vessel Bollinger has delivered to the U.S. Coast Guard over
MGBW completes complex four-ferry overhaul project Chula Vista Calif., headquartered Marine Group Boat Works (MGBW) recently completed a contract valued at more than $4.6 million for the Golden Gate Bridge, Highway and Transportation District. The work involved the
Alfa Laval adds bunker procurement optimization to StormGeo Within a few months of its acquisition of weather intelligence specialist StormGeo, Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for
Cove Point LNG marks an export milestone As world demand for U.S. LNG continues to climb, the Cove Point LNG terminal in Lusby, Md., has marked another milestone, loading its 300th commercial cargo at the end of July. Since
Tour the Sea Change ferry at Marine Log's FERRIES 2022 SWITCH Maritime's landmark Sea Change hydrogen-powered ferry project got a lot of attention at Marine Log's FERRIES 2021 held last November along the New York Harbor. This year, the conference heads to
Carnival Corporation to roll out Service Power Packages fleet wide Aiming to further improve energy savings and reduce fuel consumption, Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK), the world's largest cruise company, is to roll out comprehensive technology upgrades, called Service Power
AkzoNobel: Reclamation of underwater hull cleaning waste is essential to sustainability Underwater hull cleaning may be a necessary activity for many vessel owners, but it can result in substantial amounts of waste being produced. This is an obvious concern for companies anxious to
Shift Clean Energy appoints new COO Vancouver, Canada, headquartered energy storage system specialist Shift Clean Energy has added Mark Hughes to its executive team as chief operating officer. Based in London, U.K., he will be responsible for overseeing
China's military drills force over 200 vessels to reroute Commercial vessels will be rerouting their journeys around Taiwan until August 7 as China carries out large-scale military drills. The...
UK's tougher marine insurance sanctions on Russia put on indefinite hold No sign yet of alternative Russian provision yet emerging, despite earlier promises by Medvedev
Norden raises full-year profits guidance Danish company says it continues to benefit from 'an exceptionally strong' product tanker market
Sovcomflot pledges 'alternative payment' route to meet bond obligations Having missed two issues of notes outstanding, amounting to $928m, sanctioned Russian state-owned tanker giant Sovcomflot has found an alternative...
Seanergy optimistic for capesize market prospects 'for the coming years' Market slump in recent weeks has hit the bottom and rates should improve in the second half, says company
Genco expects support for capesizes as it focuses on short-term fixtures US dry bulk company will have lower capital expenditure in the second half of the year following a heavy drydock...
Expanded GSL has a lock on higher profits Spike in earnings follows addition of 22 vessels last year as well as higher rates for a dozen ships
Maersk's logistics business to supersede ocean shipping 'this decade' Maersk made a decision in 2016 to redefine itself as a container logistics business. Now it expects logistics to dominate...
China Merchants signs LNG shipping contacts with Sinochem worth $2.5bn Chinese shipping giant said the charter deals would pave the way for it to continue to expand its investment in...
DCSA seeks shipper input on standards Digital Container Shipping Association, which was set up by carriers to standardise digitalisation, is collaborating with shippers to widen the...
Euronav pares losses as freight rate 'gains traction' VLCC and suezmax owner reports second-quarter net loss of $4.9m, compared to losing $90m for year-ago period
CSSC shipbuilding veteran Han retires Han leaves the company after after almost four decades of work within the CSSC group
Japanese shipping lines cautious on market outlook NYK net profit rose 127.3% in the three months to end of June
Montagu acquires Lloyd's List Intelligence from Informa Leading private equity firm Montagu has announced an agreement to acquire Maritime Intelligence, commonly known as Lloyd's List Intelligence, from...
Coal stockpiles rise at main European ports as inland transport slows Heatwaves have resulted in droughts and caused draft restrictions for inland transport by river barge from Rotterdam to Germany
DSME delivers delayed gas carrier to Knutsen NYK LNG vessel had been scheduled to be delivered in June, but was delayed due to issues related to the pandemic
Ukraine war leads to higher tonne-mile demand for tankers Geopolitical risks, high inflation in major economies and elevated macro-economic risks are weighing on tanker business and consumer confidence, says...
ATSG keeps growing freighter fleet with e-commerce profits Air Transport Services Group rode the e-commerce wave to another profitable quarter.
FMC wants ocean carriers to pay for container storage Federal regulators are pressuring carriers at the Port of New York and New Jersey to compensate shippers and carriers for container storage.
New speed rules proposed to prevent whale strikes: Will vessels comply? NOAA Fisheries aims to reduce whale strikes on the East Coast of the United States with new vessel speed regulations.
Apollo-led investors acquire cargo airline Atlas Air for $5.2B Atlas Air reported strong second-quarter earnings while announcing it is being bought by an investment consortium for $5.2 billion.
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