The Dutra Group has named Harry K. Stewart as its Chief Executive Officer. Stewart, who previously held the position of Chief Operating Officer at Dutra, assumes his new role as the company celebrates its 50th anniversary. Bill T. Dutra, who led the company since its founding, will move into the role of Executive Chairman.
A shipping channel snafu is slowing Chevron Corp’s efforts to load tankers at one of its four Venezuelan joint ventures and bring heavy crude to the United States, three people familiar with the matter said on Wednesday.Washington in November authorized the last major U.S. firm still operating in Venezuela to restore lost output and begin exporting oil as a way to encourage talks between Nicolas
U.S. oil producer Chevron Corp plans to export this month its first cargo of Venezuelan crude to its Pascagoula, Mississippi refinery following a U.S. license granted last year, according to shipping documents seen by Reuters on Tuesday.The 500,000-barrel cargo of Hamaca heavy crude, to be loaded at state-run PDVSA's Jose port, comes from the Petropiar oil joint venture operated by both companies.
U.S. oil company Chevron Corp is sending two oil tankers to Venezuela, one of which will load the first cargo of crude destined for the United States in nearly four years, according to a person familiar with the matter and shipping data.On Friday, a Chevron-chartered vessel approached the South American country's waters to pick up a cargo of Venezuelan crude.
President Joe Biden's administration on Tuesday said it would hold the first-ever sale of offshore wind development rights off the coast of California on Dec. 6, a big step forward in expanding the nascent U.S. industry to Pacific waters.The announcement is the latest in a government push to put wind turbines along U.S.
Imports at the United States’ major container ports are expected to fall to their lowest level in nearly two years by the end of 2022 even though retail sales continue to grow, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
Ask anyone working in the shipyard business, and they’ll tell you balancing yacht, commercial and government vessel repair work concurrently is no easy task. Add a bit of new construction to the mix, and you’ve got Marine Group Boat Works (MGBW), a Chula Vista, Calif. shipyard that has seemingly mastered the balancing act.
The head of powerful armed group Hezbollah warned on Wednesday that "no one" would be allowed to operate in maritime oil and gas fields if Lebanon was barred from its "rights" in extracting from areas off of its own coast."If you don't give us the rights that our state is asking for ... then we could flip the table on everyone," Sayyed Hassan Nasrallah said in a televised address.
U.S. President Joe Biden on Tuesday signed the $1.5 billion Fiscal Year 2022 (FY22) omnibus appropriations package that includes a funding provision for the California State University Maritime Academy's new state-of-the-art training ship.The newly funded ship, which has yet to be named, is the fifth in a series of 524.
A newly delivered very large crude carrier (VLCC) is said to be the world's first capable of running on liquefied natural gas (LNG).The Yuan Rui Yang was handed over on Monday at China's Dalian Shipbuilding Industry Company (DSIC) for shipping giant COSCO.Classed by China Classification Society (CCS), the 333-meter-long vessel will be operated by COSCO Shipping Energy Transportation Company.
Tanker operator AET announced it has named its new dual-fuel very large crude carrier (VLCC) Eagle Valence.Named during a virtual ceremony at Samsung Heavy Industries (SHI) in Geoje, South Korea, the 300,000 dwt newbuild is the first of two liquefied natural gas (LNG) dual-fuel VLCCs being built for long-term charter to Chartering and Shipping Services SA
A tug and barge ran aground Thursday night near Deerfield Beach, Fla., while transporting munitions from Port Canaveral to a U.S. Naval facility in the Bahamas.The U.S.-flagged tug Sea Eagle had four people on board when it began taking on water and went aground at 8:45 p.m. on Thursday, the U.S. Coast Guard (USCG) said.