Drilling company Seadrill exits 2019 with a new major deficit, after a fourth quarter that also brought a loss.
Even though revenue grew by 8 percent and reached USD 398 million, this was not enough to ensure a positive result for its operations, which ended at a deficit of USD 93 million.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
How will product tanker shippers make their way if all cities do as New York?
The product tanker market is currently walking on a tight rope and hopes for a cold winter during which shortages of gas and coal could generate intense demand for refined oil products. But the sector is also looking towards 2030, which could prove a significant game changer.
Golden Ocean CEO sees the strong bulk market extend into 2024
Golden Ocean's CEO sees the extraordinady upturn in the dry bulk segment continue into 2024. This would be the longest recovery the market has experienced in decades. ShippingWatch has interviewed Ulrik Andersen.
Seaspan's customers have ordered 70 ships – all fossil-fueled
Despite a comprehensive newbuild program, shipowner Seaspan has no orders for ships that can be powered by fuels other than fossil fuels or LNG. However, the company's COO expects to implement two alternative fuels.
European Shippers Council announces new president
European Shippers Council has appointed a new president to replace Denis Choumert, who has held the position for the past decade.
OSM Maritime sets up recruitment platform for shipping
Norway-based OSM Maritime, otherwise known as a ship manager, is now entering the recruitment arena in shipping. The company promises to be able to locate the right person quicker than its competitors.
Operations Controller 
Coordinator / Marine Operator / Operations 
Chief Business Officer for Cruise 
Re-posting: Do you want to help set the agenda for the maritime competencies of the future? 
Senior Sales Director Naval - Terma .jpg)
Operational Sales Coordinator 
Commercial Operations - Stena Bulk 
Legal Counsel for an international shipping company 
Shipping & Logistics Coordinator – Seafood 
Operations Executive