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.
When President Xi Jinping made his first state visit this year to Myanmar and signed new infrastructure contracts, there was no indication of the obstacle about to trip up China's plan for railways, ports and highways around the world: the coronavirus.Travel restrictions to prevent the spread of the disease, which has now killed more than 1,800 people
Plunging into the deep, dark abyss of the Pacific Ocean’s Mariana Trench, U.S. Navy Lt. Don Walsh and Swiss engineer Jacques Piccard heard a loud cracking sound in their vessel—the bathyscaphe Trieste, which the Office of Naval Research (ONR) purchased for scientific observations.Already 30,000 feet below sea level
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.
The U.S. Coast Guard ordered 23 New York Waterway ferries to suspend service over the last week after a series of inspections found the vessels to be operationally unfit. Coast Guard Sector New York marine inspectors determined the 23 ferries had damage or discrepancies significant enough to warrant a suspension of service.
Divers searched for more bodies early on Tuesday around the wreck of a boat destroyed by a blaze off the coast of southern California, as authorities launched an investigation into one of the area's worst maritime disasters.Emergency crews found at least 25 bodies after the fire broke out before dawn on Monday, leaving nine people still missing, the Associated Press reported.
U.S. oil companies on Monday began restoring some of the more than nearly 74% production shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry, the U.S. offshore drilling regulator said.There was 1.3 million barrels per day (bpd) of oil production off line in the U.S.-regulated areas of the Gulf of Mexico on Monday, about 80,000 barrels less than on Sunday, according to the U.S.
U.S. crude exports are gaining traction in Europe as even Ukraine turns into a significant consumer of American barrels at the expense of Russian supplies amid heightened U.S. political pressure on Moscow and problems over contaminated Russian oil.Ukraine this month received its first ever barrels from the United States, according to Refinitiv Eikon flows data
Any analysis of markets for offshore service vessels (OSV) usually begins with analogies to rough weather, best of times/worst of times or similar. OSV expert Seabrokers, with a home base in Stavanger, Norway, in the February edition of its Seabreeze market report follows this convention with a description of the “feast or famine” conditions in the North Sea.
ABS, a classification services provider to the marine and offshore industries, will provide classification for a series of "highly innovative Self-Elevating Drilling Units (SEDU)" for Silver Eagle Global.Silver Eagle, of Manama, Bahrain, says the self-propelled design is capable of working at greater water depths and in harsh environments.
Five commercial fishermen were believed to have died after their crabbing vessel sank on New Year’s Eve in the Gulf of Alaska, the U.S. Coast Guard said after ending a search and rescue operation amid high winds and heavy seas.There were two survivors: crewmen who took refuge in a lifeboat and were rescued by a Coast Guard helicopter.
Damen Shipyards Group signed a contract with Karachi Shipyard & Engineering Works (KS&EW) for the materials package of a third ASD Tug 2009 under the Damen Technical Cooperation (DTC). The order follows a contract of two ASD Tugs 2009 signed in July 2019. KS&EW are building all three vessels with Damen’s support.