Indonesia's state oil company Pertamina's new unit, Pertamina International Shipping (PIS), is looking to spend $4 billion in the next seven years to refurbish its fleet of vessels and upgrade terminals, a top official said on Friday.The new unit plans to replace 23 vessels and expand its fleet
A mine that was attached to the hull of an Iraqi oil tanker was defused two days after it was discovered, Iraq's military said in a statement on Saturday.The tanker was in international waters about 28 nautical miles (52 km) off Iraq's coast in the Gulf and supplying another ship with fuel when the device was discovered on Thursday afternoon.
Danish shipbuilder Karstensens Shipyard placed main propulsion equipment orders for two new fishing vessels with Wärtsilä. The first vessel is a custom designed 77-m overall length fishing vessel the ‘Christina S’, owned and operated by the Fraserburgh, Scotland based Simpson family’s Christina S Fishing Company in partnership with P&J Johnston.
Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division authenticated the keel of Legend-class national security cutter Calhoun (WMSL 759) late last week.“This is a very special keel authentication ceremony for a multitude of reasons,” said George Nungesser, Ingalls’ vice president of program management.
Russia's Nord Stream 2 said on Saturday it planned to resume pipe-laying work on a 2.6 kilometer (1.62 mile) stretch of the stalled Moscow-backed gas pipeline to Europe in Germany's Exclusive Economic Zone.The 1,230 km pipeline under the Baltic Sea, which Moscow hopes will boost the amount of gas it can pump to Europe bypassing Ukraine
Damen Shipyards Group has completed the rebuild of research vessel OceanXplorer at Damen Shiprepair Rotterdam. As OceanX’s new flagship, she is equipped with a series of submersibles, sonar arrays, manned submarines, an ROV and AUV, giving full capability to explore and map the depths of the oceans.
China extended its impressive trade performance in April, with exports unexpectedly accelerating and import growth hitting a decade high, in a boost to the world’s second-largest economy.A brisk U.S. economic recovery and stalled factory production in other countries hit by coronavirus have propped up demand for goods made in China, analysts say.Exports in dollar terms surged 32.
Indonesia will stop both liquefied petroleum gas (LPG) and fuel imports by 2030 and plans big changes to its energy infrastructure to meet that target, a top energy official said on Thursday.President Joko Widodo has tasked the National Energy Council, a board made up of seven ministries and other stakeholders that plans energy policy
Republican Senator Ted Cruz put a hold late on Friday on President Joe Biden's pick to lead the Central Intelligence Agency to pressure the administration to put tough sanctions on Russia's Nord Stream 2 natural gas pipeline project.The Senate Intelligence Committee last week backed William Burns, a former ambassador to Russia, by a unanimous vote.
Britain and France signed a new agreement to try to stop illegal migration across the Channel on Saturday, upping patrols and technology in the hope of closing off a dangerous route used by migrants to try to reach the UK on small boats.UK interior minister Priti Patel said that under the deal, the number of officers patrolling French beaches would double