The shipping industry could lose up to 40,000 jobs as more than 50% of the people in shipping lines work from home now due to the coronavirus pandemic, Lars Jensen, CEO, SeaIntelligence Consulting believes. “COVID-19 has proven that our systems work, as we’re still able to move 85% of global value a
TradeLens, a blockchain-based digital container logistics platform jointly developed by A.P. Moller – Maersk and IBM, recently welcomed two new members — Russia’s Commercial Port of Vladivostok and Turkey’s port operator Yilport.
Norwegian offshore shipping company Island Offshore has awarded a contract to Kongsberg Maritime to supply turnkey hybrid battery solutions for three of its platform supply vessels.
French oil major Total has resumed oil drilling offshore Angola with the Skyros rig while two more are expected to start operations in the week to follow.
South Korean shipping major HMM revealed plans to form a joint venture company with Singapore’s port operator PSA International.
South Korea’s Samsung Heavy Industries held a naming ceremony for three LNG-powered shuttle tankers being built for Altera Infrastructure, previously known as Teekay Offshore. The vessels in question are the 130,000 dwt Current Spirit, and the 103,000 dwt Altera Wave and Altera Wind. Due to Covid-19
Qatari North Oil Company (NOC) has extended drilling contracts for a Japanese jack-up rig duo at the giant Al Shaheen offshore oil field in Qatar.
A Panama-flagged bulk carrier collided with a Philippine-flagged tanker off Luzon Point, Mariveles, Bataan, on 15 August 2020, the Philippine Coast Guard (PCG) said.
Plaquemines Port Harbor and Terminal District (PPHTD) recently signed a letter of intent (LOI) with “several potential partners” to develop a multimodal container terminal in Plaquemines Parish, Louisiana.
Beach Energy has signed a new offshore drilling agreement with Diamond Offshore for the use of the Ocean Onyx semi-submersible drilling rig.
Wakashio, a Japanese bulk carrier that ran aground on a reef off the coast of Mauritius in late July, has split in two on 15 August.
Shipping company ZIM has developed and implemented an AI-based screening software to detect and identify incidents of misdeclared hazardous cargo before loading to vessel.
London-listed oil and gas company Tullow Oil has extended the contract with Danish offshore drilling contractor Maersk Drilling for the use of one of its drillships in Ghana, following previously announced the contract termination for the same rig.
The number of offshore rigs in the U.S. climbed up by one unit over the last week, according to a report by Baker Hughes Company.
