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Havyard reports 2019 revenue drop, delivery date for all-electric ferry to Fjord1

Havyard reports 2019 revenue drop, delivery date for all-electric ferry to Fjord1

10 Jul 2020by Riviera News
Havyard Group reported profit before tax of Nkr481M (US$51M) in the group’s annual report for 2019
Business & Finance
KPI Bridge Oil earnings up 70% for FY2020

KPI Bridge Oil earnings up 70% for FY2020

25 Jun 2020by Riviera News
The company’s EBT grew by over 70% on the preceding fiscal year after successfully transitioning to the IMO 2020 fuel regulations and announcing the acquisition of OceanConnect Marine in February
Business & Finance
Coronavirus: uncertainty hits box ship rates, but worst fears yet to be realised

Coronavirus: uncertainty hits box ship rates, but worst fears yet to be realised

03 Jun 2020by Riviera News
Xeneta’s XSI Public Indices report showed a 1.2% decline in freight rates following a 0.7% increase in April, leaving the index up 1.7% for 2020 so far
Business & FinanceCOVID-19
Subsea 7’s workforce to reduce 25% by 2021

Subsea 7’s workforce to reduce 25% by 2021

28 May 2020by John Snyder
Cost reduction programme will deliver US$400M in savings annually
Business & FinanceOffshore
12% of clean trading product tanker fleet tied up in storage

12% of clean trading product tanker fleet tied up in storage

28 May 2020by Craig Jallal
Product tanker owner and operator Torm has assessed that 12% of the clean trading product tanker fleet is working in storage and 90% is in ’logistical storage’
Business & FinanceFleet Performance & Maintenance
How to become a tanker tycoon

How to become a tanker tycoon

18 May 2020by Craig Jallal
Owners are selling vintage vessels after several years of profitable operation at the original purchase price; the secret of their success is all in the timing
Business & FinanceCOVID-19
Sovcomflot Q1 2020 results surpass expectations

Sovcomflot Q1 2020 results surpass expectations

15 May 2020by Craig Jallal
Russian tanker company results reflect surge in the tanker market
Business & Finance
Why Q1 2020 will go down in the history books

Why Q1 2020 will go down in the history books

06 May 2020by Craig Jallal
If it were not against the backdrop of a global pandemic, the first few months of 2020 would have been a joyous time for the tanker market, but this remarkable run is not sustainable
Business & FinanceCOVID-19
Coronavirus drives Kirby into the red

Coronavirus drives Kirby into the red

06 May 2020by Martyn Wingrove
Marine transportation and oilfield services are severely affected by Covid-19 and an oil price crash
COVID-19
Seacor will invest US$67M as it weathers Covid-19 storm

Seacor will invest US$67M as it weathers Covid-19 storm

30 Apr 2020by Martyn Wingrove
Capital commitments include investing in new tugs, towboats and barges
Business & FinanceCOVID-19
Storage needs drive product tanker earnings to new heights

Storage needs drive product tanker earnings to new heights

28 Apr 2020by Craig Jallal
The exemplary earnings in the crude oil tanker sector has cascaded down into the product tankers market in a week that saw traders scrabble to secure tonnage to take advantage of the tidal wave of crude and products flooding the market
Business & Finance
Coronavirus and decline in scrubber orders hit Wärtsilä's bottom line in Q1

Coronavirus and decline in scrubber orders hit Wärtsilä's bottom line in Q1

24 Apr 2020by Riviera News
With its marine business recording a slight increase in deliveries and service activity over Q1 2019, Wärtsilä CEO Jaakko Eskola attributed a decline in marine orders to lack of scrubber investments due to narrowing fuel spreads and impacts from the coronavirus pandemic
Business & FinanceCOVID-19

Opinion

AccidentsArtificial Intelligence (AI)Autonomous VesselsDigitalisationRegulations & ComplianceSafety & SecurityTanker Shipping & TradeTankers

The legal aspects of collision regulations and autonomous vessels

20 Jul 2020by PHILIP ROCHE
Philip Roche, partner with Norton Rose Fulbright, considers the challenges faced by developers of autonomous vessels

Events

Maritime Communications Webinar Week

Maritime Communications Webinar Week

20 Jul 2020Online
Our Maritime Communications Week webinars will give operators insights into keeping ship, shore and crew connected. Each 45-minute webinar will cover a different facet of maritime communications and its associated technologies
Maritime Hybrid, Electric and Fuel Cells Webinar Week

Maritime Hybrid, Electric and Fuel Cells Webinar Week

27 Jul 2020ONLINE
Our Maritime Hybrid, Electric and Fuel Cells Webinar Week examines the latest innovations and how they can provide significant reductions in fuel consumption, maintenance costs and emissions. Each 45 minute webinar explores a different facet of the technology with the experts you want to hear from.
Maritime Cyber Security Webinar Week

Maritime Cyber Security Webinar Week

04 Aug 2020ONLINE
Riviera’s Maritime Cyber Security Webinar Week delivers vital insights into what it takes for vessel owner/operators and ports to implement robust, compliant and cost effective maritime cyber security: ship and shore side. Each 45-minute webinar explores a different facet of maritime cyber security with the maritime professionals you want to hear from.
Offshore Webinar Week

Offshore Webinar Week

11 Aug 2020ONLINE
Riviera’s OSV Webinar Week gives operators vital insights into market drivers, efficient operations and optimised design. Each 45-minute webinar features a panel of maritime professionals expert in their chosen field.
Riviera

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