Apollo has received an Approval in Principle (Level 2) from Bureau Veritas for its PALM Quick Connection System (QCS), a technology designed to simplify the connection and disconnection of dynamic cables from floating offshore wind turbines.The approval follows a 12-month full-scale front-end engineering and design (FEED) study funded by the Offshore Wind Growth Partnership and Wave Energy
Baltic Exchange has launched a new suite of indices covering four key short-range tanker routes in northwest Europe in order to create the definitive benchmark for the region’s tanker sector and bring greater transparency to the short-range tanker market.The new indices, known as the Baltic Intermediate Tanker Indices (BITI), mark the latest development of the Baltic’s global tanker benchmarks
The Coast Guard coordinated the rescue of 27 crew members from the Ecuadorian-flagged fishing vessel Drennec after the vessel experienced a fire approximately 527 miles southwest of the Galápagos Islands, Thursday.At approximately 8 p.m. Thursday, Coast Guard Southwest District watchstanders received multiple distress alerts from the Drennec