Seadrill Limited reported its first quarter 2024 results.
Quarterly highlights
Delivered operating profit of $80 million and Adjusted EBITDA(1) of $124 million on $367 million of revenue,...
Carnival Corporation & plc, the world's largest cruise company, announced that 100% of its ships across the global fleet are equipped with Starlink's high-speed,...
HD Hyundai Heavy Industries will begin operations in a former US naval base in the Philippines.
Specifically, a Philippine affiliate of US investment firm Cerberus...
Iron ore prices extended declines into a second straight session on Wednesday, dragged down by expectations of seasonally falling demand in top consumer China...
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Wednesday...
Odfjell Technology, a leading provider of drilling and well services, hassecured an important contract with COSL Drilling Europe AS. The fixed part ofthe contract,...
U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicle (EV) batteries,...
SFL Corporation announced its preliminary financial results for the quarter ended March 31, 2024.
Highlights
81st consecutive quarterly dividend, increased to $0.27 per share
Net profit of...
ABS, HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries signed a memorandum of understanding to collaborate on the technical feasibility for...
Korea’s shipbuilding industry was overtaken by China’s shipbuilding industry in the global competitiveness rankings, according to a report.
China overtook Korea in overall competitiveness in...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...