Offshore News – Swire Pacific Offshore Fleet sold to Tidewater – 22.04.2022
On Friday 22nd April Tidewater Inc. announced the completion of its purchase of Swire Pacific Offshore Holdings Ltd., a subsidiary of Swire Pacific Ltd., for approximately $190 million after the sale was announced last 9th March. The deal will allow Tidewater to add SPO’s fleet of 50 OSVs to its own, creating one of the world’s largest OSV fleets. Part of […]
Logistics – Transpacific boom causes delays and container shortages for DHL on key route – 22.09.2020
Several liner companies currently redistribute containers to the lucrative Transpacific tradelane. This is causing shortages on the tradelane between Asia and Europe, which has led to delays in some areas DHL has stated. According to the latest figures from Freightos Baltic Index, the unprecedented bull run that has boosted the bottom line of the world’s […]
Naval News – Chinese Navy expels US warship trespassing Xisha Islands – 28.04.2020
The Chinese People’s Liberation Army (PLA) on Tuesday 28th April expelled a US warship that trespassed into Chinese territorial waters off the Xisha Islands in the South China Sea as the US’ move could have easily caused an accident, a Chinese military spokesperson said on Tuesday, who also urged the US side to focus on […]
