News

Maersk Oil to Cut 40 Staff Amid Slumping Oil Price COPENHAGEN, May 9 (Reuters) – Denmark’s Maersk Oil will lower...

Hyundai Heavy Industries to Axe More Jobs Amid Shrinking Orders SEOUL, May 9 (Reuters) – South Korea’s Hyundai Heavy Industries...

Despite ‘Early Gains’, Container Lines in for Another Year of Losses, Says Drewry By Mike Wackett (The Loadstar) – Despite...

China Scrambles Fighter Jets as U.S. Navy Tests Freedom of Navigation Near Chinese-Claimed Reef By Michael Martina, Greg Torode and...

Hyundai Merchant Shares Decline Amid Charter Rate Talks By Kyunghee Park and Heejin Kim (Bloomberg) — Hyundai Merchant Marine Co....

A 700TEU pure battery-powered container ship labeled by CCS. Image courtesy of CCS. China has overtaken Greece to turn into...

Maersk Line Making Plans to Tow Fire-Scorched Safmarine Meru to Port Maersk Line is working with Chinese authorities on a...

Rolls-Royce Wins Tender to Design Internet-Famous UK Polar Research Vessel Rolls-Royce has gained the tender to design and equip the...

AIDAprima, World’s First Dual-Fuel Cruise Ship, Christened in Germany Aida Cruises’ new flagship AIDAprima was christened in Germany over the...

U.S. Navy Asks Lockheed Martin to Fix LCS Problems By Tony Capaccio (Bloomberg) — Lockheed Martin Corp. is underneath orders...