Indonesia's coast guard said on Tuesday it seized an Iranian-flagged supertanker suspected of involvement in the illegal transshipment of crude oil, and vowed to toughen maritime patrols.The MT Arman 114 was carrying 272,569 metric tons of light crude oil, valued at 4.6 trillion rupiah ($304 million), when it was seized last week, the Indonesian authorities said.
Nigeria's state-owned oil firm NNPC Ltd said on Monday an 800,000-liter (211,338-U.S. gallon) vessel carrying stolen crude had been intercepted offshore while heading to Cameroon and would be destroyed as a deterrent to oil theft.Crude theft from pipelines and wells in the Niger Delta has hobbled the country's output in recent years and is one of the biggest challenges to confront new President
The Longshore union and employers of 22,000 dockworkers at U.S. West Coast ports on Wednesday said they have reached a tentative deal on a new six-year contract, ending 13 months of talks and easing supply chain worries.The deal was reached with assistance from Acting U.S. Labor Secretary Julie Su
West Coast port employers and the union representing 22,000 workers have "overcome some sticking points" in tense labor talks that have entered their 13th month, White House press secretary Karine Jean-Pierre told reporters on Tuesday.Acting U.S. Labor Secretary Julie Su is in San Francisco, where negotiations have been taking place
Groups representing major retailers and manufacturers urged the White House on Monday to intervene in contentious West Coast port labor negotiations, citing worries about shipping disruptions during critical holiday shopping seasons.The call came after the largest terminal at Southern California's Port of Long Beach closed on Monday as dock workers rally for better pay.
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns.As a result of the European Union ban on Russian fuel that started on Feb.
New York City is set to receive its first public hybrid-electric ferry, Mayor Eric Adams announced on Wednesday.The first-of-its-kind vessel—currently under construction at Conrad Shipyard’s facility in Morgan City, La.— will begin transporting passengers to Governors Island in summer of 2024. It will replace the diesel-powered Lt. Samuel S.
Oil and gas company Valeura Energy said Monday that modifications to the MT Jaka Tarub crude oil storage vessel were complete, making the vessel compatible with infrastructure at its Wassana oil field, offshore Thailand.According to Valeura Energy, the vessel is capable of tandem crude oil loading/offloading.
A leaking fuel tanker that sank off the central Philippines three weeks ago has been found using an underwater robot from Japan, a provincial governor said on Tuesday, as authorities sought more foreign help to address the oil spill.The discovery of MT Princess Empress, which was carrying about 800,000 liters (211,338 gallons) of industrial fuel oil when it capsized on Feb.
Philippine authorities have increased efforts to contain an oil spill from a sunken fuel tanker that has affected coastal towns and was still spreading, the environment ministry said on Tuesday, as the country grapples with cleanup challenges.Improvised spill booms made from cogon grass and coconut materials were helping to restrict oil leaking from MT Princess Empress
Philippine authorities believe they have found the location of a tanker that sank off a central province last week, the environment ministry said on Monday, amid a race to assess the extent of an oil spill and contain further environmental damage.The tanker, the MT Princess Empress, is thought to be lying at about 1,200 feet (366 meters) below sea level, off Oriental Mindoro province
Environment and disaster authorities in the Philippines rushed to contain an oil spill on Friday from a sunken fuel tanker that has reached coastal towns on a large central island, warning of dangers to marine ecosystems if more oil leaks. The tanker, MT Princess Empress, was still missing on Friday after sinking en route to Iloilo province carrying about 800,000 litres (211