Two Scandinavian companies announced that profits have been fallen.
Maersk Oil, a Danish oil firm, saw its profit for the third quarter slashed 86 percent, mainly hit by low oil prices. Also, the company on Friday said it would further reduce...
Ferus Smit recently celebrated the launch of the Greenland, the world’s first dry cargo vessel to be fueled by clean-burning liquefied natural gas.
The sideways launch took place October 31 at the Ferus Smit shipyard in Westerbroek, the...
Maersk Line, the world’s largest container shipping company, said on Wednesday it will slash costs, cut staff by almost a fifth and pull out of vessel orders as trade along the busiest routes in the world, from Asia to Europe, slows down.
Two pilots are missing after a Pawan Hans helicopter crashed this evening. There were no passengers on board the helicopter when the accident took place off the coast of Mumbai
The chopper crashed at around 7:30 pm while carrying out night la...
After assessing the third quarter results from the major oil and gas companies, Wood Mackenzie, an energy intelligence group, has identified four key themes to look out for in 2016.
Wood Mackenzie says the latest round of earnings resul...
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