Strike Affects Malta Shipbuilding
Thousands of striking workers demonstrated in Malta's capital on Friday, Reuters reported, against tax increases and major shipyards were hit by the industrial action.
North American Rig Count Up
The number of rigs exploring for oil and natural gas in North America rose by 23 during the week ending October 20, because of a gain of 14 in Canada and helped…
Lawmaker Calls For Suspension Of Jones Act For Tankers
Texas Republican lawmaker Joe Barton, chairman of the House Commerce Energy Subcommittee, said he wants a 90-day suspension of rules that do not allow foreign tankers…
Marinette Marine Sold For $48 Million
Manitowoc Co. Inc. reportedly signed an agreement to buy private shipyard operator Marinette Marine Corp. for about $48 million cash. The deal is expected to add…