According to a Nov. 26 report from Reuters, Nippon Yusen KK (9101.T), Japan's biggest shipping company, said it would take a 50% stake in Norwegian tanker operator Knutsen Offshore Tankers by buying new shares, in a bid to enter the shuttle tanker business.
(Source: Reuters)
Inchcape Shipping Services has opened a new office in Brunei Darussalam, expanding its presence in Southeast Asia and targeting offshore…
Québec-based Davie and UK-based Kraken Technology Group have announced a strategic collaboration to establish Canadian production…
A cargo of oil from the U.S. Strategic Petroleum Reserve headed to California this month for the first time ever, ship tracking…
Dubai-based GMS has won U.S. government approval to scrap four container ships that were under Iran-related sanctions, potentially…
As regulatory requirements grow more complex and the demand for accurate, accessible data increases, more operators are questioning whether paper-based recordkeeping can keep up.
The industry is focused on managing cost and maximizing efficiency, so why do some operators resist adopting technology, asks Captain Steve Bomgardner, CEO
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