The Panama Canal Authority (ACP) says that daily transit limits and draught restrictions will remain in place until next year and warns it could make additional transit reductions if the drought persists.

(WO) – Transocean Ltd. announced a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with a national oil company for work offshore Brazil. The contract is expected to commence in the third quarter of 2024 and represents approximately $486 million in firm backlog.

Maersk placed its first methanol-fueled container ship official into service with a naming ceremony in Copenhagen today of the Laura Maersk.

VENICE, Italy (AP) — A scowling gondoliere ferrying sightseers 10 at a time across the mouth of Venice's Grand Canal scolds passengers to sit still and frets over being shorted the bargain 2-euro fare.

Holidays are making a comeback after several years of disruption caused by the COVID pandemic. Nearly 4 billion passengers boarded international flights in 2022, up from fewer than 2 billion in 2020. Recent research suggests that people are likely to continue travelling more in 2023 and beyond.

Province says current maximum of $100K is 'not a deterrent'