Venezuela's oil exports have fallen nearly 28% in the first half of June, on course for the lowest level in over 70 years as tanker owners and operators suspend contracts for transporting crude oil, according to documents and data on Tuesday.Shipping firms are avoiding Venezuela after the United States earlier this month blacklisted four vessels and their owners for transporting the country's
Brazil's state-run oil company Petroleo Brasileiro SA said in a letter to the workers union on Thursday that it will idle six oil and gas platforms in five fields of the Campos basin due to the coronavirus epidemic.The company said the idling was aimed at reducing costs in the middle of the crisis hitting the oil industry, the letter seen by Reuters said.
Weary passengers aboard a cruise ship idled at sea for days by a coronavirus outbreak erupted in cheers on Monday as the vessel sailed into San Francisco Bay en route to the Port of Oakland and the next, unexpected phase of their voyage - two weeks of quarantine.The 2,400 passengers, who have been largely confined to their staterooms since Thursday
Container shipping line CMA CGM is to expand its fleet of natural gas-powered vessels to cover the busy trans-Pacific route between China and the United States as part of a push to use the fuel to reduce pollution, the group said on Thursday.CMA CGM will deploy by next year six chartered ships with a capacity of 15,000 20-foot equivalent units (TEU) each on its China-Los Angeles service
Some 200 workers from 27 nations are building a hybrid sailboat on the Pacific coast of Costa Rica designed to carry 350 tons of goods, hoping to demonstrate that in the 21st century it is possible to transport cargo without polluting the environment.Inspired by the historic Finnish trading schooner Ingrid of the Aland Islands
More than 40 people were feared to have drowned in Mozambique's conflict-torn north after their boat sank, the administrator of an island district said on Tuesday.Almost 400,000 people have fled their homes in the northernmost province of Cabo Delgado, according to the World Food Programme.
The U.S. Army Corps of Engineers said on Tuesday it has identified three obstructions from Hurricane Delta that have to be removed before it can reopen the Calcasieu Ship Channel in Louisiana to deep draft vessels.The Army Corps, however, said it needs more data before it can estimate how long it will take to dredge the channel.
Offshore drilling contactor Valaris, which is exploring a bankruptcy restructuring, on Thursday said it could take up to two years to reactivate idle equipment as contracts dry up during a historic rout in oil prices.Global oil markets have collapsed since the beginning of March as the coronavirus pandemic has crushed fuel demand.
Offshore oil and gas drilling operations in the U.S. Gulf of Mexico emit far more methane than government estimates suggest, according to a study released on Monday by the University of Michigan.Drilling platforms emit about half a teragram (Tg) of the planet-warming gas each year, according to the study
A Florida couple who was aboard the coronavirus-hit Grand Princess ocean liner has sued the ship’s owner for more than $1 million, claiming the company put profits over safety and did not have proper screening protocols in place.Ronald and Eva Weissberger of Broward County, Florida sued Princess Cruise Lines Ltd, a unit of Carnival Corp