By Christian Wienberg, Kyunghee Park and Morten Buttler (Bloomberg) — The world’s largest container carrier said trade disruptions that have sent freight rates soaring and overwhelmed… Weiterlesen »Maersk Sees Global Shipping Turmoil Calming by Mid-Year

By William Mathis (Bloomberg) — Vestas Wind Systems A/S will start selling the world’s biggest offshore wind turbine, standing taller than the highest point of the… Weiterlesen »Vestas Unveils New 15MW Offshore Wind Turbine as Tall as the Golden Gate Bridge

By Jacob Gronholt-Pedersen (Reuters) – A surge in demand for goods like furniture and exercise equipment from locked-down consumers has sparked a jump in shipping… Weiterlesen »Maersk Misses Wall Street Forecast Despite High Rates

Insights into ship’s operational data, amplified by Artificial Intelligence (AI) can help save up to 10 percent fuel and cut cost Unlocking the value of… Weiterlesen »ABB’s analytics and AI software can help ships improve efficiency and cut fuel consumption

By Jonathan Levin (Bloomberg) Canada is extending its ban on cruise ships through February 2022 because of Covid-19, effectively shutting down popular summer trips to… Weiterlesen »The Jones Act And Canada Block Alaska Cruises Until 2020

Offshore drilling contractor Noble has emerged from Chapter 11 bankruptcy after completing a financial restructuring to eliminate $3.4 billion in bond debt. Noble emerges with… Weiterlesen »Noble Emerges from Chapter 11 Bankruptcy

By Kari Lindberg (Bloomberg) — Two U.S. carriers conducted a military exercise in the South China Sea, signaling that U.S. President Joseph Biden and his administration… Weiterlesen »U.S. Aircraft Carriers Conduct Exercise in South China Sea

SINGAPORE, Feb 9 (Reuters) – China’s offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally built semi-submersible production and storage platform… Weiterlesen »China’s CNOOC Delivers 53,000 Tonne Offshore Platform to Deepwater Field

A Japanese submarine was damaged after colliding with a ship as it surfaced off the southeast coast of Japan on Monday. The incident took place… Weiterlesen »Japanese Submarine Hits Ship Off Japan

Two U.S. Coast Guard cutters offloaded more than $330 million worth of illegal narcotics seized from smugglers in the Eastern Pacific. The drugs were displayed… Weiterlesen »U.S. Coast Guard Offloads $330 Million Worth of Drugs in Florida