SINGAPORE, March 24 -- From banks of screens and giant phones in the office, energy traders worldwide are adapting to a laptop in the bedroom -- and it's going surprisingly well.Working from home has become the new norm in the oil trading hubs of Singapore, London and New York as governments encourage physical distancing to curb the spread of coronavirus.
One the United States' largest fleet service and ship repair sites is changing hands.Ship repair and commercial- and defense-related fabrication services provider Titan Acquisition Holdings announced on Wednesday it has reached a deal to acquire San Diego Shipyard from Huntington Ingalls Industries (HII). Financial terms were not disclosed.
U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs), developed by Chartwell Marine.The vessels, to be deployed in support of new wind farms off the East Coast, will be built by Blount Boats, with delivery scheduled for 2020."Meeting the demands of U.S.
The State University of New York Maritime College, in collaboration with the U.S. Coast Guard, National Academy of Sciences, academic institutions, industry partners, and federal, state and local agencies, will host the 10th Annual Maritime Risk Symposium (MRS 2019) Nov. 13-15, 2019, at New York Maritime College located in the Bronx, New York.
British warship HMS Kent set sail for the Gulf on Monday to join a U.S.-led mission protecting commercial shipping vessels in the region amid heightened political tension between the West and Iran.Britain has joined the United States in a maritime security mission in the Gulf to protect merchant vessels.That comes after Iran seized a British oil tanker in the Strait of Hormuz.
Wake Media appointed Andy Ford as Operations Director effective July 1, 2019.Ford will be responsible for enhancing, managing and driving the company’s future growth strategy and operational efficiencies, focusing primarily towards serving their customer’s needs. To achieve, concrete, effective and measurable results
Oil prices settled 2.2% higher on Thursday after attacks on two oil tankers in the Gulf of Oman stoked concerns of reduced crude trade flows through one of the world's key shipping routes.The attacks near Iran and the Strait of Hormuz reignited worries about an impact to flows from the Middle East if insurance companies begin to reduce coverage for voyages through the region and additional
The number of ships arriving in British ports in late May rose to the highest since the start of the country’s coronavirus lockdown, Britain’s statistics office said on Thursday.The Office for National Statistics, which publishes short-term data to track the economic impact of the COVID crisis, said there was an average of 341 daily ship visits between May 25 and May 31
A flurry of tentative bookings to export U.S. crude oil from the Gulf Coast suggests demand is edging up after the coronavirus slammed energy consumption worldwide.BP, Trafigura and Equinor have all tentatively fixed vessels this past week to carry U.S. crude to global destinations over the coming month, according to Refinitiv Eikon data and shipping sources.
Vessel designer Chartwell Marine has partnered up with naval architects BAR Technologies, to support in the delivery of what it says will be the next generation of offshore wind crew transfer vessels (CTVs)."The partnership will drive forward the development of new vessel designs ranging from 30m CTVs through to 60m service accommodation and transfer vessels (SATVs)
Connecticut-based maritime finance company FDX Offshore has acquired Singapore’s tanker pool operator Womar Logistics. Watson Farley & Williams (WFW) advised FDX Offshore on its acquisition.The partnership intends to expand its chemical tanker pools as well as initiate and grow independent pools in other classes of ships.
British shipyard Cammell Laird will has announced at the Nor-Shipping trade fair in Oslo ambitious plans to disrupt the new-build ferry market with a new specially designed Ro-Pax ferry.Liverpool City Region based Cammell Laird is releasing a sneak picture preview of the commercial sensitive design ahead of a formal launch later this year and will be briefing prospective customers on the design