According to a report from Reuters, Knightsbridge Tankers Ltd reported a 16% drop in quarterly profit as ship-oversupply hurt sales. Capesizes barely covered their running costs during the first quarter. Demand was hit by the flooding in Australia and the tsunami in Japan.
Finnish authorities boarded and searched a target vessel in the Baltic Sea on Thursday in a live drill that officials said…
BMT has launched a submarine training initiative in Canada aimed at developing the engineering and technical expertise needed…
Kongsberg Maritime invites members of the press to join the company at SMM Hamburg on Wednesday September 2, for the unveiling…
LD Armateurs and Norsepower completed installation of six rotor sails aboard Spirit of Toulouse, the first of three low-emission…
Military Sealift Command (MSC) is looking to hire and onboard record numbers of licensed engineers—and its sign-on bonuses reflect that.
Discover the operational costs hiding between your biggest transportation expenses.
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