Teekay Petrojarl Production AS

The world's biggest container shipping company, A.P. Moller-Maersk, on Monday lifted its full-year earnings outlook after reporting strong preliminary quarterly results as chaotic conditions in the global supply chain pushed freight rates higher.In the wake of the coronavirus pandemic, shortages of container ships and logjams at ports around the world combined with high consumer demand for material goods have caused freight rates to skyrocket to record levels."The strong quarterly performance is mainly driven by the continuation of the exceptional market situation with a strong rebound in demand causing bottlenecks in the supply chains and equipment shortage," Maersk said in a statement.

A U.S. Navy sailor was charged on Thursday with starting a fire last year that burned for four days on the amphibious assault ship USS Bonhomme Richard, injuring more than 60 people and destroying the vessel.The sailor, who was not identified by name, was charged under the Uniform Code of Military Justice and could face court martial, Navy Commander Sean Robertson, a spokesman for the U.S. 3rd Fleet, said in a statement."The Sailor was a member of Bonhomme Richard's crew at the time and is accused of starting the fire," Robertson said.

The container ship Ever Given, which got stuck in the Suez Canal for six days in March, arrived in the Dutch port of Rotterdam on Thursday after being released by authorities in Egypt.It was scheduled to dock at Rotterdam's ECT Delta terminal for unloading until Aug. 3 before departing for Felixstowe, England, the port said.The vessel, one of the world's largest container ships, became jammed across the canal in high winds on March 23, halting traffic in both directions and disrupting global trade.Roughly 15% of world shipping traffic transits the Suez Canal, the shortest shipping route between Europe and Asia.

Shipbuilder and designer Vard on Monday said it delivered the newly built expedition cruise ship Le Commandant Charcot for the French cruise company Ponant.The electric hybrid polar exploration vessel propelled with liquefied natural gas (LNG) has been developed by Ponant, Stirling Design International, Aker Arctic and Fincantieri subsidiary Vard. The vessel, classified as Polar Class 2, is specially designed to bring passengers to discover the polar world’s extreme unexplored lands such as the geographic North Pole (90 degrees North Latitude), the Weddell Sea, the Ross Sea and Peter I Island.

The U.S. Navy’s newest Virginia-class attack submarine, future USS Hyman G. Rickover (SSN 795), was christened during a ceremony at General Dynamics’ Electric Boat shipyard facility in Groton, Conn., July 31.“This submarine is a fitting tribute to Admiral Rickover, who truly transformed our Navy,” said Adm. James Caldwell, director, Naval Nuclear Propulsion Program, during his remarks at the celebration.Caldwell credited Rickover – who served for 63 years in the Navy and is credited with spurring the service to adopt nuclear propulsion after World War II – with not only technological advances but cultural ones.