Fisherman Medevaced Near Winchester Bay, Ore.
A Coast Guard aircrew medevaced a fisherman who had reportedly suffered a seizure aboard the fishing vessel Hecate, about 9 miles west of Winchester Bay, Thursday morning.
Baker Hughes: Rig Counts Continue to Fall
Baker Hughes announced that the international rig count for December 2015 was 1,095, down 14 from the 1,109 counted in November 2015, and down 218 from the 1,313 counted in December 2014.
Japanese Consortium Pulls Out of Brazilian Shipyard Ecovix
A consortium of Japanese shipyards decided to sell its stake of Ecovix, which controls the Rio Grande Shipyard, reports Reuters. Mitsubishi Heavy Industries, four…
Singapore Rig Builders in Crisis
After a decade-long boom, there were zero new orders globally for jack-up rigs last year on account of the current oil downturn. Singapore's largest rig builders…
Dark Days Ahead for Container Ships
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight…
Container Ship Deliveries Hit New Record
Container vessel capacity delivered in 2015 has reached a new record as 212 new cellular containerships, with a total capacity of 1,714,860 teu, have joined the…
IMO and WCO Partner on e-Business Compendium
IMO and the World Customs Organization (WCO) have signed a partnership agreement to maintain, update, publish and distribute the IMO Compendium on Facilitation and Electronic Business.
Bleeding Continues for Korean Shipbuilders
South Korea's big three shipbuilders are set to post over 8 trillion won (US$6.66 billion) in operating losses in 2015 because the industry has not found a way out of a prolonged slump…
New Entry Criteria for vessels calling French Ports
The French State has implemented new provisions regarding tax exemptions on commercial vessels of at least 15 meters in length, including yachts. The provisions…
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