The call for an immediate multi-million pound government support package for shipping from the UK Chamber of Shipping earlier this week spoke volumes of the crisis facing the industry. Chief executive Bob Sanguinetti asked the UK shipping minister Kell…
‘No return to normal’ Read More »
As recently as March 3, American Shipper headlines, citing CargoMetrics, screamed “China cargo flows rapidly return to pre-coronavirus levels” and referenced “just released updated indices showing that both import and export cargo flows (measured in te…
COVID-19 And Supply Chain Implications For Ocean Shipping Read More »
Offshore oil driller Valaris PLC is exploring debt restructuring options as it grapples with a rig accident and a broader collapse in energy prices, people familiar with the matter said on Friday.Valaris has tapped debt restructuring attorneys…
Valaris Gears up for Possible Debt Restructuring Read More »
Italy’s Saipem has reached an agreement with Norway’s Equinor to develop technology to build floating solar power farms close to the coast, the energy contractor said.The agreement is between Saipem’s high-value services unit Moss Maritime and…
Saipem Inks Deal with Equinor on Floating Solar Farm Tech Read More »
An Italian cruise ship bound for the Italian harbor of Savona had 36 people on board infected with the coronavirus when tests were undertaken on passengers during a stop in the French port of Marseille, French authorities said on Friday.A Marseille…
Italy-bound Cruise Ship had 36 COVID-19 Cases During Marseille Stop Read More »