Israel said it bombed Houthi targets in Yemen on Sunday, expanding its confrontation with Iran's allies in the region two days after killing the Hezbollah leader Sayyed Hassan Nasrallah in an escalating conflict in Lebanon.The airstrikes on Yemen's port of Hodeidah were in response to Houthi missile attacks on Israel in recent days, Israel said
Private companies involved in salvaging the Sounion tanker, which was attacked by Yemen's Houthis in the Red Sea, are exploring other options after the towing operation was deemed unsafe, the European Union's naval mission said on Tuesday.The Sounion, which was struck on Aug. 21 and which the Houthis and maritime sources have said has been rigged with explosives
The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the country's maritime security center said on Tuesday, a day after the sinking was reported.The crew of "Prestige Falcon" comprised 13 Indian nationals and three Sri Lankans, the Omani center said in a post on the social media platform X.
From June 18-20, 2025, the Japan Energy Summit & Exhibition will return to Tokyo Big Sight, convening global energy leaders, influential policymakers, and industry executives to advance Japan’s energy transition, investment landscape, and strategic role in the global energy system.
A nuclear-propelled containership designed by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) received approval in principle from ABS.The design for a 15k TEU vessel uses a propulsion system comprised of a molten salt reactor (MSR) for heat and a supercritical carbon dioxide (SCO2) system for power generation.
Hanwha Power Systems and Hanwha Ocean have signed a joint development and collaboration agreement with Baker Hughes to design and produce low carbon ammonia gas turbines, to contribute towards reaching the goal of completely carbon-free operation of ships.Hanwha Group plans to complete the development of liquefied natural gas carriers and container ships using the ammonia gas turbine propulsion
Baker Marine Solutions (BMS) announced a formal partnership with Seacroft Marine Consultants (EMEA) and M3 Marine Expertise (Asia-Pacific) through a signed Memorandum of Understanding (MOU).After establishing a working relationship in recent years, this tri-party alliance formally marks a milestone in enabling cross-regional delivery of Marine Assurance, Marine Warranty
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, fell by four to 576 in the week to Jan. 24.
Baker Marine Solutions is unveiling its newest towing vessel design and the International WorkBoat Show.The BMS 1882 - A 6000 HP Inland Towboat is designed for the inland waterway and transportation market.At a length of 170ft, the design boasts accommodation for a 10-person crew while providing ample living, recreation and leisure spaces to ensure crew comfort and habitability.
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to March 2025, a key decision amid a seven-year-long legal case in which the refiner's parent might be auctioned to pay creditors.Citgo's parent, PDV Holding, was found liable by the court for Venezuela's debts from asset expropriations and debt defaults.
Autonomous underwater robotics solutions provider Greensea IQ announced a it is partnering with Baker Marine Solutions (BMS) to expand its innovative hull cleaning service offering in Louisiana ports.BMS will serve as a subcontractor and sales representative for Greensea IQ’s EverClean hull cleaning service throughout Louisiana, including at the Port of New Orleans
Baker Hughes cut its outlook for spending by oil producers on Friday, citing lower drilling activity by North American companies, joining other oilfield service companies in warning about softness in the region.However, the company raised its full-year revenue and profit estimates, banking on strong international growth and demand for gas equipment.