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Latest From Offshore
NYK sees worst of coronavirus impact from April-June
'The extent of the novel coronavirus impact and when it will come to an end are still unclear, but it is expected that April through June 2020 will be the worst period and the level of economic activities will gradually recover thereafter,' the group said
US boosts loan to Mozambique LNG in competition with Russia and China
The Exim Bank helps foreign companies buy American products when private lenders will not provide financing, with one of its goals being to ‘advance the US’ comparative leadership in the world with respect to China’
Sovcomflot sees stronger second quarter after profit spike
Russian shipping giant sees profits jump by 65.6% in the first quarter of the year as crude and product tanker markets pay off
ABB leader warns of digital tech concerns ahead
ABB Marine & Ports managing director believes it is time to allow technology to mature, while shipping moves past the coronavirus crisis
Norwegian shipowners’ losses close to 25%
Norwegian shipowners expect the number of vessel lay ups to triple and the amount of ship recycling to double because of the coronavirus outbreak
Singapore yards hit as coronavirus infections surge
SembMarine and Keppel Shipyard said to have suspended all or part of their operations for weeks
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