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Container catches fire on MSC ship

The crew of the 12,400 TEU container ship MSC Katrina reported that one of the containers on board caught fire on Friday, November 20, while the vessel was en route from Antwerp to Hamburg, according to Germany’s Central Command for M...

23/11/2015 Read

Global Oil Job Cuts Tops 250,000

The number of jobs gutted from oil and gas companies around the world has now passed the 250,000 mark, with still more to come, according to industry consultant Graves & Co. “I was surprised it’s gotten this far,” John Graves...

23/11/2015 Read

Downturn in O&G investments in Norway to reverse in 2017?

Investment on the Norwegian continental shelf (NCS) will continue to decline in 2016 and 2017. Work currently under way in the companies will of itself reduce capital spending by cutting costs in individual projects. The downturn is expected to rever...

20/11/2015 Read

Engine Room Fire Leaves Cruise Ship Drifting off Falklands

The 10,000 tons cruise ship Le Boreal, operated by French Compagnie du Ponant, suffered a major engine room fire on November 18 which left the ship drifting at sea and in danger of grounding on Cape Dolphin, East Falkland. The incident f...

20/11/2015 Read

Wait time shortens to four days at Panama Canal

PANAMA CITY, Nov 19 (Reuters) – The wait time to pass through the Panama Canal has shortened to four days, down from more than 10 days last month, the authority that runs the waterway said on Thursday. “We have reduced by 60 percent th...

20/11/2015 Read

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