Business News
First-of-its-Kind, Jones Act Cable Lay Barge Operated by Nexans and Crowley
The growth of the U.S. offshore wind energy, telecommunications, and other sectors continues to contribute to the growth of U.S....
Read More >>Seatrium to Pay Fines to End Decade-Old Corruption Investigation in Brazil
Singapore-based Seatrium reports it has concluded a series of agreements related to a 2015 corruption case involving its...
Read More >>Royal Caribbean Reports Strong Results, But Investors See Concerns
As another demonstration of the booming cruise industry, Royal Caribbean Group reported what appeared to be strong results and a...
Read More >>MSC Aims to Deepen Relationship with China Despite Looming U.S. Fees
MSC Mediterranean Shipping Company is expanding its relationship with China on multiple fronts as the company continues...
Read More >>Drew Marine Launches Comprehensive Newbuild Program
Drew Marine is proud to introduce its newly launched New Build Program, a purpose-built initiative backed by a specialized team...
Read More >>Amid Global Uncertainty, Cyprus Rises as a Shipping Industry Favorite
In a world where shipping lanes are increasingly shaped by politics as much as trade, the question of where a vessel is...
Read More >>Saipem and Subsea 7 Agree to Merger Terms to Form Offshore Giant
Saipem and Subsea 7 announced terms for their previously proposed merger to create a giant in the offshore services sector, supp...
Read More >>Sri Lanka Orders $1B in Compensation for Damages from Loss of X-Press Pearl
The Supreme Court of Sri Lanka issued a sweeping condemnation of the events surrounding the fire aboard the containershi...
Read More >>Singapore Now Has Drones Delivering Bunker Samples
Skyports, the world's leading drone service company, has been expanding its footprint in Singapore's busy harbor...
Read More >>Brookfield Sells Stake in PD Ports to Billionaire Founder of Spain’s Zara
Canadian investment manager Brookfield Asset Management has agreed to sell a 49 percent stake in the ownership of UK ports and l...
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