Transocean is taking a $1.4bn impairment on scrapping six deepwater and ultra-deepwater rigs and drillships.
The finalists have been chosen for the Seatrade photography competition.
AP Moller Holding is buying Maersk Tankers for $1.17bn taking it out from public-listed AP Moller – Maersk, which is restructuring to focus on the container transport and logistics sector.
Pacific International Lines (PIL) boss SS Teo says that being “alliance neutral” gives it the advantage of flexibility as it remains one of the few major container lines that is…
Sembcorp Marine (Sembmarine) is set to build two neo-panamax compressed gas liquid (CGL) carriers for SeaOne Caribbean after inking a Letter of Intent with the Texas firm.
Now that the carousel of London International Shipping Week 2017 has come to a stop, how to sum up the 160-plus events on the official programme that took place in…
The business of Asia Offshore Drilling (AOD), majority owned by Seadrill, is at this at stage excluded from Seadrill’s Chapter 11 filing and AOD will continue operations as per normal.
The shipping industry has been criticised for coming up with too many ‘ifs’ and ‘buts’ when discussing the reduction of emissions.
In the face of two major hurricanes, the US Department of Homeland Security has now extended its previous Jones Act waiver (due to expire 14 September) for another week.
As expected John Fredriksen’s rig owning company Seadrill has filed for a Chapter 11 bankruptcy restructuring.
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