At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and tracking data, as Moscow seeks vessels for exports after a G7 oil price cap restricted the use of Western cargo services and insurance.China, the world's top oil importer, has continued buying Russian oil despite Western sanctions
Washington State Ferries said one of its vessels suffered "significant damage" as the result of a "hard landing" at the Fauntleroy terminal in Seattle on Thursday.The Cathlamet, which was traveling from Vashon Island to West Seattle during a 7:55 a.m. sailing, reportedly struck an offshore dolphin (pilings, not the aquatic mammal) before alliding with the dock.
Largest known plant on earth discovered at Shark Bay, and it's 4,500 years old.Researchers from The University of Western Australia and Flinders University have located what is believed to be the largest plant in the world – an ancient and incredibly resilient seagrass stretching across 180km that is estimated to be at least 4,500 years old.
Russian fuel oil arrivals offshore Greece jumped to record levels in April, as sanctions on Moscow drive traders to find new ways to export Russian oil via ship-to-ship (STS) loadings, Refinitiv Eikon data showed and sources said.Trading Russian crude and oil products remains legal for now as the European Union is yet to fully agree on a proposed embargo
U.S.-headquartered offshore support vessels (OSV) owner Tidewater Inc. on Friday announced it has completed its acquisition of Singapore's Swire Pacific Offshore Holdings Limited (SPO), creating the industry’s largest OSV fleet.The $190 million transaction adds 50 vessels to the Tidewater fleet, which now stands at more than 200 vessels in total, including crew boats
Climate change advocates and seafarers recently gathered for a small conference at the Hudson Valley Maritime Museum in Kingston, N.Y., to discuss the shipping industry’s struggle to achieve sustainability and environmental compliance.The setting, the hamlet of Rondout, N.Y. (within Kingston), holds significance as it was, ironically
International Maritime Industries (IMI), the largest shipyard in the MENA region, has expanded its partnership with Hyundai Heavy Industries (HHI) through a technical service agreement to further enhance its shipbuilding capabilities.Under the agreement, HHI will provide technical assistance and consulting services in Very Large Crude Oil Carrier (VLCC) engineering to IMI
Some equations just don’t add up. For example, storing 500 offshore wind turbine blades at a site with only space for 400 (and that’s only if you don’t store the other key elements required to build a full turbine). Elaine Maslin visited Siemens Gamesa’s blade manufacturing facility in Hull, UK, to find out more.
King Abdullah University of Science and Technology (KAUST) selected Glosten to design a new ship with advanced capabilities for Red Sea research.The new oceanographic research vessel (RV) will replace the existing RV Thuwal, designed to bring advanced research capabilities for work in both shallow reef and deepwater environments with a reconfigurable deck for multipurpose jobs and equipment and
Tongues are wagging in the offshore sector, as one of the longest-running rumors in the market has finally come true. U.S. offshore vessel owner Tidewater Marine has acquired Singapore's Swire Pacific Offshore for USD 190 million, the company’s biggest powerplay since its acquisition of GulfMark Offshore back in 2018.
Superintendent of the U.S. Merchant Marine Academy, Vice Adm. Jack Buono announced his retirement after a maritime career that has spanned more than 45 years.Vice Adm. Buono, a 1978 Kings Point graduate, has spent the past three and a half years at the Academy helm, and will relinquish command at a ceremony in June 2022. His successor has not been announced.
U.S. Bureau of Safety and Environmental Enforcement (BSEE) inspectors and engineers last week carried out an offshore regulatory pre-production inspection of Murphy Oil’s King’s Quay floating production system (FPS) platform. The facility, a semi-submersible FPS, is now currently moored in Green Canyon Block 433 in the deepwater Gulf of Mexico, about 175 miles south of New Orleans.