Norway's Loke Marine Minerals has acquired deep-sea mining firm UK Seabed Resources (UKSR) from Lockheed Martin, the companies said on Thursday.UKSR holds a 100% interest in two deep sea mineral licences in the Clarion-Clipperton Zone (CCZ) in the Pacific Ocean, and a 19.9% interest in the Ocean Mineral Singapore, licences issued by the International Seabed Authority (ISA).
Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country's ports and help it become an African hub for transshipment, handling cargoes in transit for other destinations.President Muhammadu Buhari has made building infrastructure a key pillar of his government's economic policy
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
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.
Potential energy shortages in the U.S. northeast this winter have led to arguments that the U.S. Jones Act should be waived. These arguments rarely, however, grapple with what exactly it takes to waive the Jones Act. This is not blameworthy because the Jones Act waiver standard has been a mess.
Three migrants rescued in Spain's Canary Islands, after apparently enduring an 11-day journey from Nigeria crouched on the rudder of a fuel tanker, should now be returned home under stowaway laws, a police spokesman told Reuters on Tuesday. In a photograph distributed on Twitter by the Spanish coast guard on Monday, the three stowaways are shown crouching on the rudder under the hull
Norway's Kongsberg Maritime has secured a contract award with Polish shipbuilder Remontowa Shipbuilding SA (RSB) to supply three shipsets of Kongsberg Hugin Autonomous Underwater Vehicle (AUV) systems and related HiPAP positioning and communication systems for three newbuild warships for the Polish Navy.
Norway has deployed a specialist vessel to inspect a subsea gas pipeline to Germany because of safety concerns after suspected sabotage last month on two Nord Stream pipelines between Russia and Germany, according to sources and data.Norway, Europe's largest gas supplier, last week put its energy sector on high alert
Dutch offshore installation firm Heerema Marine Contractors said Tuesday it had broken a world lifting record with the installation of a 17,000 metric ton TotalEnergies' Tyra TEG module in the Danish sector of the North Sea.The TEG module, described as the biggest Tyra II project topside, was installed on the last remaining bare jacket at the Tyra offshore field.
ABB said Monday its digital technologies have enabled the harbor tug Maju 510 to become the first vessel in the world to receive Autonomous and Remote-Control Navigation Notation from ABS classification society, and first Singapore-flagged vessel to receive the Smart (Autonomous) Notation from MPA.
Italian oil and gas company Eni said Saturday that the first hydrocarbons had been introduced from the Coral South reservoir offshore Mozambique into the Coral South FLNG unit.Eni operates the offshore Area 4 where the Coral South FLNG is located. Eni's partners are ExxonMobil, CNPC, GALP, KOGAS, and ENH.
Austal USA has won a $230.5 million contract for the detailed design and construction of EPF 16, the Navy’s newest Expeditionary Fast Transport (EPF) ship.Austal USA has so far delivered 12 EPFs. Three additional EPFs are currently under construction. "EPFs have demonstrated their operational capability to conduct a variety of missions to include humanitarian assistance, disaster relief