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Nabors Industries cuts capex and suspends dividend

Nabors Industries Ltd. announced today that it is reducing its capital expenditures budget by $75 million and suspending its dividend in light of the current deteriorating market conditions — a combination of the novel coronavirus outbreak and the ongoing dispute...

St. Lawrence Seaway begins 62nd navigation season

The St. Lawrence Seaway Management Corp. (SLSMC) marked the opening of the Seaway’s 62nd navigation season Tuesday with the transit of the NACC Argonaut through Lock 8 on the Welland Canal. The Seaway’s Montreal/Lake Ontario section will open on April 1, eight days...

Synergy warns of ‘time bomb’ in crew management amid global lockdown

Shipowners, shipmanagers and ports need to work together on changing crews, according to Synergy CEO Rajesh Unni

Exmar slims losses and assures on liquidity for year ahead

Belgian owner says its small-scale floating liquefaction unit Tango FLNG has produced four cargoes

‘Dean’ of shipping analysts takes to the rails

Evercore ISI's Jonathan Chappell becomes the second shipping analyst to expand his practice into rail companies as research challenges continue

GasLog FSRU venture draws enough client interest to go ahead

Livanos-led project in northern Greek town of Alexandroupolis faces delays but sees customers booking nearly half its capacity ahead of construction

Nauticor and Novatek team up on LNG bunkering and supply

Planned facility at Rostock in northern Germany will be a focus for the new partnership

Tanker broke in two, sank or sinking, Mediterranean

Product tanker LADY SANDRA was caught in rough seas and issued distress signal at around 2030 UTC Mar 25, reporting severe structural damages and hull about to break in two, E of Valetta Malta. Tanker broke in two, 3 crew found themselves in water after their life...

Coastal freighter attacked, 3 crew kidnapped, Gulf of Guinea

Coastal ro-ro passenger ship ELOBEY 6 was attacked and hijacked by pirates in the morning Mar 21, some 22 nm off Port Gentil, Gabon, while en route from Port Bata to Annobon island, Equatorial Guinea. Pirates forced the crew to sail to Nigerian waters, but fled when...

​ Cargo ship trampled down fishing vessel, trapping inside 6 fishermen

General cargo ship COMAU collided with fishing vessel Victoria in Corral Bay, southern Chile, at around 2100 LT Mar 24. Cargo ship struck fishing vessel and trampled her down under bow, vessel capsized, remaining stuck to freighter’s bow. Of 7 fishermen on board, one...

Container Home Magazine

Container Community! We have noticed that there are always questions concerning designs when thinking about starting the container home journey. We aim to bring our readers answers to every part of the container home build and are always on the lookout for reputable...

Container Home for 4 in Auckland, New Zealand

A family of four wanted to use their existing location to create a home for themselves. They were working with a set area of space on the front of the property. The main goal was to build a sustainable, innovative home at an affordable price. They met with IQ...

South Street Seaport Container Mall

After Hurricane Sandy, the city of New York was in need of a pick me up. To bring some new life to The South Street SeaPort, SG Blocks created this pop up mall from 11 shipping containers. This was part of the SEE/CHANGE summerlong event to revive the area that...

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