The Biden administration is considering ways to ensure the U.S. commercial fishing industry is paid for any losses it incurs from the planned expansion of offshore wind power in the Atlantic Ocean, according to state and federal officials involved in the matter, [Reuters reported in an exclusive on Thursday.
International Seaways, one of the world's oil largest tanker operators, petroleum products, has completed the previously announced merger with Diamond S Shipping Inc. The combined company will continue to operate as International Seaways and trade on the New York Stock Exchange under the symbol INSW.
Japan's Nippon Yusen subsidiary NYK Cruises Co said on Friday that its luxury cruise ship Asuka II was returning to port after a passenger tested positive for the coronavirus.The ship's 295 passengers and 425 crew members will reach Yokohama, just south of Tokyo, around Saturday noon, an NYK Cruises spokeswoman said.
Tanker operator International Seaways Inc said on Wednesday it will buy Diamond S Shipping Inc for about $416 million, as it aims to expand its crude shipping capacity and create one of the largest U.S.-listed tanker companies.Diamond S shareholders will receive $10.17 per share, or 0.
The Biden administration on Monday unveiled a goal to expand the nation’s fledgling offshore wind energy industry in the coming decade by opening new areas to development, accelerating permits, and boosting public financing for projects.The plan is part of President Joe Biden’s broader effort to eliminate U.S.
Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners, with the FID expected in the coming weeks.
Offshore drilling rig contractor Seadrill has filed for bankruptcy protection at a court in the U.S. state of Texas, it said on Wednesday, the second time in four years the company has entered into so-called Chapter 11 restructuring.The Oslo-listed group controlled by Norwegian-born billionaire John Fredriksen returned to court along with several subsidiaries after failing to win consent from
Britain’s over-50s holidays group Saga said on Tuesday total cruise bookings stood at 140 million pounds ($191.3 million) as it prepares to restart sailing in May after a torrid year for the travel industry due to the global health crisis.Mass vaccination drives have offered hopes for a revival this year but the industry faces fresh uncertainty as new variants of the coronavirus force some
Japan's NYK Line said Wednesday it had, as part of Diamond LNG Shipping 6 consortium, taken delivery of the Diamond Gas Victoria LNG gas carrier.The LNG carrier will transport LNG from British Columbia for the LNG Canada project, as well as from other locations around the world, under a long-term time-charter contract with Diamond Gas International, a subsidiary of Mitsubishi Corporation (MC)
On May 31, the liquefied natural gas (LNG) carrier Diamond Gas Crystal, was delivered, built to transport LNG from LNG Canada project in British Columbia, as well as from other locations around the world, under an 18-year time-charter contract with Diamond Gas International Pte. Ltd., a wholly owned subsidiary of Mitsubishi Corporation (MC) who also has a stake in the LNG Canada project.
The cruise industry has weathered many storms, including fairly regular brushes with disease. Outbreaks of norovirus, H1N1 and measles have all happened in the not too distant past. Despite this, a cruise has traditionally been regarded as a safe holiday—the kind where you don’t have to worry about a thing.COVID-19 has changed this.
A new utility/passenger vessel has been delivered and will soon go to work for the U.S. National Park Service (NPS) to serve Ellis Island and the Statue of Liberty.The all-steel newbuild, designed by New Orleans-based TAI Engineers, LLC, has been named Annie Moore after the first immigrant, a 15-year-old Irish girl, who signed the Ellis Island register.