Federal prosecutors in Brazil filed a civil lawsuit against Danish shipping company Maersk and former executives representing the firm for alleged corruption involving shipping contracts with state-run oil firm Petrobras, they said on Friday.The lawsuit requests that a judge freeze almost 1 billion reais ($198 million) in assets in order to make sure funds are available to pay for damages
Hundreds of thousands of seafarers around the world are stranded at sea due to coronavirus travel restrictions, unable to go home or get medical care, the International Labor Organization (ILO) said on Tuesday, calling on nations to address their plight.Many shipping and transport workers have been at sea as long as 17 months or longer
General Dynamics Corp was awarded a $9.47 billion contract for the construction of Columbia class submarines, moving the U.S. Navy's top procurement priority out of the early-construction phase, the Pentagon said on Thursday.The contract for the nuclear-powered ballistic missile submarines covers the move to full construction of the first ship in the class, the USS Columbia
Energy companies were securing offshore production platforms and evacuating workers on Tuesday, some for the sixth time this year, as a major hurricane took aim at U.S. oil production in the Gulf of Mexico.Hurricane Delta, the 25th named storm of the 2020 Atlantic Hurricane season, was churning in the Caribbean with sustained winds of 140 miles per hour (225 kph)
A fire-stricken U.S. Coast Guard cutter docked in Yokosuka, Japan Tuesday for inspection and possible repairs days after an onboard blaze left five crew members with minor injuries.Black smoke was reported on the cutter Waesche (WMSL 751) at 5:18 p.m. (local time) on Sunday while the ship was on deployed within the U.S. 7th Fleet's area of operations, the Coast Guard said.
A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis, presented by ABS and World Energy Reports, will be held July 29, 2020, 11 a.m. (EDT). REGISTER HERE.
A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis, presented by ABS and World Energy Reports, will be held July 29, 2020, 11 a.m. (EDT). REGISTER HERE.
Fincantieri Bay Shipbuilding has delivered a new, year-round passenger/vehicle ferry, Madonna, for service to the Washington Island community across the Death’s Door Passage between the Bay of Green Bay and Lake Michigan.At 124 feet in length, 40 feet in beam and 9 feet in draft, and with capacity for up to 28 vehicles and 150 passengers
Chinese oil companies may soon decline to charter any tanker that has visited Venezuela in the past year to avoid disruption to operations if the United States blacklists more ships for trading with Caracas, four shipping sources told Reuters on Tuesday.The U.S. government is seeking to choke Venezuelan oil exports to starve the government of socialist President Nicolas Maduro of its main source
The first major U.S. offshore wind farm, planned for the Massachusetts coast, reached a key permitting milestone on Tuesday with the release of a long-awaited federal environmental study that considers the project's impacts on fisheries and navigation.Publication of the document marks a step forward for the Vineyard Wind project
A consortium formed by Germany’s Thyssenkrupp AG and Brazilian planemaker Embraer SA signed a deal on Thursday to deliver four frigates to Brazil’s navy between 2025 and 2028, the companies said in a statement.The contract signed in Rio de Janeiro is part of Brazil’s drive to modernize its navy so it can patrol off-shore resources in the Atlantic, such as Brazil’s vast pre-salt oil reserves.
U.S. crude exports from Corpus Christi, Texas, have surged to a record in recent weeks, often surpassing hubs such as Houston and Beaumont, Texas, thanks to faster-than-expected infrastructure additions.The infrastructure boom at Corpus Christi helped push crude exports there to a weekly record of 1.