CMA CGM expects activity in the shipping sector to bottom out during the second quarter as countries emerge from coronavirus-related lockdowns and ship operators adjust capacity, the France-based group's finance chief said.The world's fourth…
Read more
China Pushing Sea Claims Under Cover of COVID-19 -US Commander
China is using the coronavirus as a cover to push territorial claims in the South China Sea through a surge in naval activity meant to intimidate other countries that claim the waters, the commander of U.S. Forces in Japan said on Friday.There…
Read more
Canada Recommends Mariners Wear Face Coverings
Canada's Transport Minister Marc Garneau announced he is expanding the requirements for the use of face coverings by workers and others involved in the country's transportation industry to reduce the risk of COVID-19 transmission.Transport Canada…
Read more
Final Lifting Lug Installed on Golden Ray Wreck
T&T Salvage installed the final lifting lug on the M/V Golden Ray, a roll-on, roll-off vessel that ran aground and overturned near the Port of Brunswick in Georgia in September.The 16 lugs welded to the frame of the Korean-owned car carrier…
Read more
Video: Ferry Bajamar Express Completes Sea Trials
The first of two Austal Auto Express 118 trimarans under construction for Fred. Olsen Express of the Canary Islands has completed sea trials in Western Australia. Launched in February, the Bajamar Express (Austal Hull 394) is scheduled to be delivered ...
Read more
Seacor Marine Takes Full Ownership of Seacosco
U.S. offshore vessel provider Seacor Marine will buy the remaining 50 percent stake in Seacosco company from China's Cosco.Seacor will pay $28.15 million in installments, and the transaction is expected to close in June 2020.With the acquisition…
Read more
Eidesvik Wins PSV Charters with Aker BP
Norwegian offshore support vessel operator Eidesvik Offshore has secured contracts for two of its offshore vessels with the Norwegian oil firm Aker BP.Aker BP has awarded Eidesvik's LNG-powered platform supply vessel Viking Lady a four-month contract e...
Read more
Kongsberg’s LARS for Ocean Infinity’s Armada Robotic Ships
Norway's Kongsberg Maritime has signed its first contract for its ROV launch & recovery system (LARS) specifically designed to handle remotely operated vehicles (ROVs) from unmanned vessels.The contract has been signed with Ocean Infinity, who…
Read more
Ocean Shipping Slows Down as Pandemic Pummels Retailers
The $1 trillion container shipping industry is in a slowdown. Literally.Some shipping lines, whose retail customers are being hammered by the coronavirus pandemic, are reducing sailing speeds and taking longer routes around Africa, avoiding Suez canal ...
Read more
Does drug touted by Trump work on COVID-19? After data debacle, we still don’t know
Scientists are resuming COVID-19 trials of the now world-famous drug hydroxychloroquine, as confusion continues to reign about the anti-malarial hailed by U.S. President Donald Trump as a potential "game-changer" in fighting the pandemic.
Read more