The Biden administration's auction of oil drilling rights in the U.S. Gulf of Mexico generated more than $190 million in high bids, bringing in more money for taxpayers than any government offshore lease sale since early 2019.The Department of Interior auction came days after the U.S.
International Seaways, one of the world's oil largest tanker operators, petroleum products, has completed the previously announced merger with Diamond S Shipping Inc. The combined company will continue to operate as International Seaways and trade on the New York Stock Exchange under the symbol INSW.
Elon Musk, a billionaire behind the SpaceX company, on Friday tweeted a video of a new Space X vessel named A Shortfall of Gravitas.SpaceX, or Space Exploration Technologies Corp, was founded by Musk back in 2002 to cut space transportation costs and eventually enable the colonization of Mars. It designs, manufactures and launches advanced rockets and spacecraft.
Container shipping company Seaspan Corporation announced on Monday it has ordered another six containerships, growing the number of vessels it has on order to 45 amid continued heightened shipping demand and vessel shortages in the box shipping market.Seaspan said the six scrubber-fitted 15
Container shipping company Seaspan announced on Wednesday it has ordered another two vessels, increasing the number of ships it has on order to 39 amid continued heightened shipping demand and vessel shortages. Seaspan said the two 12,000 TEU containerships will be built by a "major shipyard" and are expected to be delivered during the fourth quarter of 2022.
Chevron Corp and Occidental Petroleum Corp said on Thursday they were withdrawing staff and implementing storm precautions at their U.S. Gulf of Mexico offshore facilities ahead of a brewing tropical storm.A weather disturbance over the Gulf of Mexico could become a tropical storm by Friday and take aim at the Louisiana and Mississippi coasts, the U.S. National Weather Service said on Thursday.
Japan's Nippon Yusen subsidiary NYK Cruises Co said on Friday that its luxury cruise ship Asuka II was returning to port after a passenger tested positive for the coronavirus.The ship's 295 passengers and 425 crew members will reach Yokohama, just south of Tokyo, around Saturday noon, an NYK Cruises spokeswoman said.
Tanker operator International Seaways Inc said on Wednesday it will buy Diamond S Shipping Inc for about $416 million, as it aims to expand its crude shipping capacity and create one of the largest U.S.-listed tanker companies.Diamond S shareholders will receive $10.17 per share, or 0.
Offshore drilling rig contractor Seadrill has filed for bankruptcy protection at a court in the U.S. state of Texas, it said on Wednesday, the second time in four years the company has entered into so-called Chapter 11 restructuring.The Oslo-listed group controlled by Norwegian-born billionaire John Fredriksen returned to court along with several subsidiaries after failing to win consent from
Britain’s over-50s holidays group Saga said on Tuesday total cruise bookings stood at 140 million pounds ($191.3 million) as it prepares to restart sailing in May after a torrid year for the travel industry due to the global health crisis.Mass vaccination drives have offered hopes for a revival this year but the industry faces fresh uncertainty as new variants of the coronavirus force some
Belgian offshore installation contractor DEME Offshore has completed the installation of offshore wind turbine jackets for the 950 MW Moray East offshore wind farm in Scotland.The offshore wind farm is being developed by Moray Offshore Windfarm East Ltd (MOWEL), which is a joint venture company owned by Ocean Winds ( 56.6%) Diamond Green Limited (33.4%) and CTG (10%).
Matson has taken delivery of Matsonia, the second of two new Kanaloa Class combination container / roll-on, roll-off (con-ro) ships built for the U.S. carrier at General Dynamics NASSCO's San Diego shipyard. Weighing in at over 50,000 metric tons, Matsonia and Lurline are each 870 feet long, with 114 feet beam and a deep draft of 38 feet.