The cost of renting offshore supply vessels (OSVs), servicing oil and gas firms, will continue to rise as many ships that were mothballed up during the downturn will not return to the market, the chief executive of Norway’s DOF said on Wednesday.
Norway’s DOF: OSV Market Improving Read More »
Vietnam wants to give its coast guard more flexibility to open fire at sea, amid tension in the busy South China Sea waterway, a draft law released on Wednesday showed. The law, expected to be voted by lawmakers at the end of this year, would…
Vietnam Mulls Coast Guard ‘Open Fire’ Rules Read More »
Ratings agency says effect of US-China measures will depend on owners’ flexibility.
Fitch: bulkers, boxships most exposed in trade wars Read More »
A bulk carrier was chased down and boarded by pirates off Brass, Nigeria on April 7, 2018.
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Pirates Raid Bulker off Nigeria Read More »
Only lines with high exposure to transpacific trades are likely to suffer in any spat between the US and China
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Trade war impact on carriers likely to be limited Read More »