Manufacturer Advanced Polymer Coatings (APC) has signed a deal with global maritime transportation group Fratelli Cosulich to support its methanol-ready fleet expansion.APC has signed a contract with the Italian headquartered group to supply its industry-leading MarineLINE cargo tank coating to two new IMO Class II chemical tankers, to prepare them for methanol bunkering in Singapore.
Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday.The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets. Chevron would join Carlyle and other firms in the race for the Lukoil portfolio worth at least $20 billion.
Volodymyr Z., a Ukrainian diver wanted by Germany over his alleged involvement in the Nord Stream explosions, has been detained in Poland, prosecutors and his lawyer said on Tuesday.Described by both Moscow and the West as an act of sabotage, the explosions in 2022 largely severed Russian gas supplies to Europe
Two senior officials at the White House National Security Council have left their roles in recent days, according to two sources familiar with the moves, the latest departures for a body that has been cut sharply in recent months.Ian Bennitt, the senior director for maritime and industrial capacity, and Brian McCormack, the NSC's chief of staff, both departed last week, said the sources
Dutch geodata firm Fugro on Tuesday said it started reducing its U.S. workforce and scaling back operations there after warning its sales and earnings would miss earlier forecasts because of volatile markets and lack of new U.S offshore wind projects.The company, which provides geotechnical, survey, subsea and geosciences services
Maersk will continue to divert vessels away from the Gulf of Aden and Red Sea and toward the southern tip of Africa despite Yemen's Houthis announcing they will curb their attacks on ships, the container shipping giant said on Friday.The Danish shipping company said the announcement by the Iran-backed militant group was "a very welcome step in the right direction towards stability and eventual
Estonia's armed forces have launched a naval operation to protect the Estlink 1 undersea power cable in the Baltic Sea in response to the damage this week of a parallel electricity line, Foreign Minister Margus Tsahkna said on Friday.Finland on Thursday seized a ship carrying Russian oil on suspicion the vessel caused an outage of the Estlink 2 undersea power cable which, like Estlink 1
Dozens of tankers have joined the shadow fleet this year compared with hundreds in previous years as the harshest Western sanctions yet target Russia's oil exports and add to the difficulty of finding suitable vessels, shipping sources said.The European Union and Britain last month imposed further sanctions on Russia over its war in Ukraine.Together with U.S.
Finnish power grid operator Fingrid said on Friday it expects the Estlink 2 subsea power cable between Finland and Estonia, which was damaged in December, to return to commercial use on June 25, slightly earlier than seen before.Fingrid, which last month predicted the cable would be back in operation on July 15, said in a statement repair work was progressing faster than expected.
Poland is looking into whether any explosive devices were planted where a ship from Russia's "shadow fleet" was seen moving suspiciously near a power cable linking Poland with Sweden on Wednesday, Polish Prime Minister Donald Tusk said.NATO has beefed up security in the Baltic following a string of incidents in which power cables
Finland's national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil tanker in a bid to secure the company's claim for damages related to the breakdown of the undersea Estlink 2 electricity interconnector.The cable between Finland and Estonia was damaged on Dec.
Cadets Anna LaDue and Odegaard Fields from Maine Maritime Academy have been awarded the Thomas B. Crowley Sr. Memorial Scholarship. These students were selected based on their performance during the cadet training periods aboard Crowley-operated or -managed ships and their intent to pursue maritime careers.