
The President of the U.S. Donald Trump has signed an executive order seeking to “restore American maritime dominance” as uncertainty lingers over the global shipping market amid geopolitical tensions and the U.S.-China maritime rivalry. The latest developments seem to be taking a toll on Chinese shi

A joint venture company of Subsea7 and Eidesvik Offshore has secured a contract extension with Subsea7 that could keep a 2013-built subsea vessel busy until 2028. As part of the agreement with the joint venture company Eidesvik Seven Chartering, Subsea7 has extended the firm option for the 106.5-met