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Infographic: European Offshore Wind Trends and Statistics in 2016

WindEurope has created an infographic which details the latest trends and developments within the offshore wind industry in Europe in the first half of 2016. The infographic is a visual representation of some of the findings WindEurope publis...

02/08/2016 Read

Moody’s: Chinese Port Operators Under Pressure

Slower economic growth, deteriorating export competitiveness and weak liner profitability are narrowing the headroom within the ratings of Chinese port operators, according to Moody’s rating agency. “Although manageable capex...

02/08/2016 Read

Oil rises after month of steady decline but oversupply still weighs

SINGAPORE (Reuters) – Oil rose on Monday, driven by new orders as traders staked out positions at the start of the new month, but the market remains dogged by plentiful crude supplies, a flood of refined products, and a weakening economic...

01/08/2016 Read

MV Benita Sinks while En Route to India

The bulk carrier MV Benita, which was under tow en route from Mauritius to India, sank some 93.5 nautical miles from Mauritius on July 30, according to Greek company Five Oceans Salvage. The vessel turned over by the stern at approx...

01/08/2016 Read

BW Group Orders Two VLCCs from DSME

Oil and gas transporter BW Group has ordered two oil tankers at South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (DSME), the company confirmed to World Maritime News. “Some of our VLCCs have spent many years at sea,...

01/08/2016 Read

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