Four former U.S. Navy officers charged in a massive bribery scandal linked to the man known as Fat Leonard were cleared of felony charges on Wednesday by a judge citing prosecutor misconduct.U.S. District Judge Janis Sammartino said in a sentencing hearing that prosecutors' conduct "can only be described as outrageous," the San Diego Union-Tribune reported from the courthouse.
A Suez Canal tugboat sank on Saturday and one of its crew was missing after it collided with a Hong Kong-flagged LPG tanker though shipping traffic in the strategically important waterway was largely unaffected, the canal authority said.Convoys of ships passing through the canal from the north were not affected
The car carrier burning off the Dutch coast since Tuesday night is carrying nearly 500 electric vehicles, ship charter company "K" Line said on Friday, significantly more than the 25 initially reported by the coastguard.The fire on the Panamanian-registered Fremantle Highway, which was carrying new cars
Rescuers searching for a missing submersible near the wreck of the Titanic on Wednesday concentrated their efforts on a remote area of the North Atlantic where a series of undersea noises have been detected, though officials cautioned the sounds may not have originated from the vessel.
After a slowdown in activity during 2020/2021 due to soft commodity prices, demand for FPSOs is picking up.With exploration hotspots like Namibia’s Orange Basin and the East Mediterranean delivering new finds, the FPSO market outlook is healthy. But shipyard capacity constraints are beginning to weigh on delivery, leading to cost concerns.
Iran has increased its attacks on commercial shipping in recent months and the Pentagon will begin to bolster defensive posture in the region on Friday, White House spokesperson John Kirby said.In the past two years, Iran has harassed, attacked or interfered with the navigational rights of 15 internationally flagged commercial vessels, Kirby said.
The Biden administration needs until the end of this year to finalize a long-awaited five-year plan for offshore oil and gas development in federal waters, according to court documents filed this week.The U.S. has been without a congressionally-mandated five year schedule of offshore oil and gas auctions since the previous one expired in June 2022.
An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc is entitled to overtime pay, the U.S. Supreme Court ruled on Wednesday in a decision with costly implications for the oil and gas industry.The court in a 6-3 decision authored by liberal Justice Elena Kagan decided that because the rig supervisor, Michael Hewitt
A major Russian shipyard that specializes in building non-nuclear submarines said its general director had died suddenly on Saturday after 11 years in the job, but gave no details.Admiralty Shipyards, based in the western port of St Petersburg, announced the death of Alexander Buzakov in a statement. He had been in the job since August 2012.
A Hong Kong registered tanker assisted in the rescue of two men adrift in a sailboat off the U.S. East Coast.On Sunday, watchstanders at the U.S. Coast Guard Fifth District command center were notified of an overdue sailing vessel, Atrevida II, which was sailing from Cape May, N.J. to Marathon, Fla.
As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3.8 bcfd of gas) of FPS throughput capacity sanctioned year to date (YTD).
Russia "will not accept" a price cap on its oil and is analyzing how to respond, the Kremlin said in comments reported on Saturday, in response to a deal by Western powers aimed at limiting a key source of funding for its war in Ukraine.Kremlin spokesman Dmitry Peskov said Moscow had made preparations for Friday's price cap announcement by the Group of Seven nations