Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages. Bolsonaro also called for the election of a new board, according to a statement released close to midnight local time on Monday by the state-controlled company
The U.S. Senate on Tuesday confirmed Ann C. Phillips as Administrator of the U.S. Maritime Administration (MARAD), filling a position that has been left vacant at the Department of Transportation (DOT) since January 2021. Phillips was confirmed by a vote of 75-22.Phillips, a retired U.S.
The United States Navy and security partners will patrol Middle East waters with 100 unmanned vessels next year to improve deterrence against attacks, like those presented by Iran, the U.S. Fifth Fleet commander said on Monday.The region is vital for global trade, especially oil supplies that flow out of the Gulf via the Strait of Hormuz.There have been high-seas confrontations between U.S.
Nashville-based Ingram Marine Group, one of the largest barging companies in the U.S., announced Monday that David O’Loughlin will retire from his role as CEO. He will be succeeded by John Roberts, the company’s current chief operating officer, who will take the helm as the new president and CEO on February 1.
The decades long mystery of a missing U.S. Coast Guard Ship has finally been solved. U.S. Revenue Cutter (USRC) Bear, lost at sea in 1963, has been found on the seafloor about 90 miles south of Cape Sable, Nova Scotia, NOAA Rear Adm. Nancy Hann announced Thursday.Widely considered one of the most historically significant ships in American history, Bear was purchased by the U.S.
Naval shipyards and industry partners see business growing, but finding enough trained and qualified workers is a challenge.General Dynamics Electric Boat will invest $1.7 billion to modernize and upgrade its Quonset, R.I. and Groton, Conn., facilities over the next ten years,” said Sean Davies , vice president for EB’s Quonset Point Operations.
The U.S. Navy on Wednesday said it was establishing a new multinational task force that would target arms smuggling in the waters around Yemen, the latest American military response to Houthi attacks on Saudi Arabia and the United Arab Emirates.Washington has sought to reassure Saudi Arabia and the UAE, who see the U.S.
Following recent upward moves on domestic steel plate prices at nearly every major recycling destination, it was another week of firm pricing and a sub-continent market that is still on an aggressive footing for the most part.Demand remains rampant and capacity at yards remains open for any available tonnage (market or otherwise)
BP Trinidad and Tobago has chartered the Safe Concordia offshore accommodation rig from Prosafe, to provide gangway-connected operations at Cassia C offshore platform in Trinidad. The contract will last around 160 days and will be a straight continuation of Safe Concordia's current engagement at Cassia C. The new contract will run from March 24, 2022, to August 31, 2022.
An Ohio man has been arrested on federal charges after suspected explosive devices were found on Ohio River towboats, authorities said.Nathaniel Blayn Becker, of Marietta, Ohio, was charged on October 28 in a federal criminal complaint with possession of one or more unregistered destructive devices.
Offshore energy companies have started searching for new bases away from Louisiana's devastated ports as oil and gas companies launch efforts to resume their Gulf of Mexico operations.Port Fourchon, a key hub for the offshore industry, was slammed by Ida on Sunday when it made landfall with winds over 150 miles per hour (240 kph).
CS Hunan Venture very large crude carrier, dubbed one of the most advanced and energy-efficient VLCCs ever built in China, was recently launched by Dalian Shipbuilding Industry Group (DSIC).The vessel is owned by China Shipbuilding Consulting Company and operated by Wah Kwong Ship Management Hong Kong.