Business News
Hornbeck and Helix to Merge in Further Consolidation in the Offshore Sector
Hornbeck Offshore Services and Helix Energy Solutions Group announced that they have agreed to merge their businesses to...
Read More >>Bourbon’s New Shareholders Drive Rapid Expansion in Offshore Operations
France’s Bourbon is highlighting the rapid expansion of its fleet and efforts to consolidate its position in the...
Read More >>"Energy Dominance" In Action
The crisis in the Middle East and in particular the effective closure of the Strait of Hormuz has upended global oil mar...
Read More >>Cefor: Machinery Damage and Fires Drive Increase in Claim Cost
Machinery damage and fires continue to dominate as the leading causes of elevated claim costs in the Nordic marine insur...
Read More >>Op-Ed: Mideast Conflict Provides a Test of Economic Resilience
[By Adi Imsirovic and Antonio Fatas] The world economy survived the shocks of the Ukraine-Russia conflict, which has...
Read More >>Gianluigi Aponte Transfers World's Largest Container Line to His Children
Gianluigi Aponte, the founder and chairman of number-one container line MSC, has transferred the ownership of his compan...
Read More >>Net Zero by 2050? This Decade's Fuel Choices Will Decide
Green-hydrogen based synthetic fuels are stalled by a coordination problem across industries. Pooling demand and investm...
Read More >>Maryland Reaches Settlement in Principle with Owner/Operator of Dali
The State of Maryland announced that it has reached a settlement in principle with the owners and operators of the containership...
Read More >>Largest Ship Repair Yard in East Africa Inaugurated in Djibouti
Officials in Djibouti officially inaugurated the Djibouti Ship Repair Yard on April 4, marking what they called a milest...
Read More >>On-Demand Manufacturing: A New Direction for Marine & Energy Parts Sourcing
For decades, global supply chains operated with predictable lead times and stable delivery expectations. End users order...
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