The Marshall Islands is considering "expelling" from their ship registry any Russian yachts or boats that have been targeted by Western-led sanctions on Russia over its invasion of Ukraine, its foreign minister said on Friday.The minister, Casten Nemra, whose country along with Panama and Liberia is popular for registering ships
A.P. Moller-Maersk's board said on Tuesday it has nominated family heir Robert Maersk Uggla to be its next chairman as part of a generational handover at the Danish shipping company.Current chairman Jim Hagemann Snabe and vice-chair Ane Maersk Mc-Kinney Uggla, Robert Maersk Uggla's mother, are not standing for reelection to the board at its March 15 annual general meeting
The U.S. Senate on Thursday failed to pass a bill to slap sanctions on Russia's Nord Stream 2 natural gas pipeline sponsored by Republican Senator Ted Cruz, a day after Democrats unveiled their own legislation.The tally was 55 in favor and 44 against the bill that needed 60 votes to pass, a major hurdle in the 50-50 Senate.
Oil and gas major ExxonMobil on Wednesday announced two new oil discoveries offshore Guyana, at Fangtooth and Lau Lau wells, adding to previous recoverable resource estimate of 10 billion oil-equivalent barrels.The Fangtooth-1 well, drilled with the Stena DrillMAX drillship, encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs.
Australian oil and gas industry safety regulator NOPSEMA has ordered Shell to keep the giant Prelude FLNG facility off W. Australia shut until it can convince the regulator that it can keep the facility properly powered and that the safety systems are operational.The order comes after production from the floating facility was shut earlier this month after a sudden loss of power
Oil company Taylor Energy Co LLC agreed to transfer a $432 million cleanup trust account to the U.S. government and pay an additional $43 million to resolve a lawsuit over its role in the longest-running oil spill in U.S. history under a proposed deal filed in New Orleans federal court on Wednesday.
While many challenges remain to deliver the full promise of U.S. offshore wind, so too do opportunities. Robert Galinski, DNV’s Offshore Wind Director, Americas discusses the pace and direction of the U.S. offshore wind market from the perspective of class.While Robert Galinski has served as DNV’s Offshore Wind Director, Americas, for just about one year
Sanmar has acquired a third shipyard in Turkey.Founded in 1976, Sanmar builds tugboats at its two shipyards, Sanmar Tuzla and Sanmar Altinova, in the cities of Istanbul and Yalova respectively.The shipyard that Sanmar has purchased was specialized in the repair and construction of small work boats and fishing boats. Located next to Sanmar Tuzla Shipyard.
A ceremony held at Fincantieri Bay Shipbuilding on Thursday marked the launch of the first U.S.-flagged Great Lakes bulk carrier to be built in nearly four decades. The 639-foot Mark W. Barker, currently under construction for Ohio-based The Interlake Steamship Company, was floated in the large drydock at the Sturgeon Bay, Wis. shipyard.
Corvus Energy and Sanmar Shipyards are teaming up with the aim to develop a new range of zero-emission and hybrid tugs.The partners signed a memorandum of understanding (MOU) to jointly explore and establish a path for the future supply and integration of energy supply systems and fuel cell technology for an even wider range of innovative and cost-effective electric and hybrid tugs
Australian oil and gas company Santos has awarded the FEED contract for the FPSO for the Dorado project offshore W. Australia to Altera Infrastructure.Located in the Bedout Sub-basin, Dorado is an oil and gas project which is planned to be developed in two phases. The initial development involves the production of oil and condensate through a wellhead platform (WHP) and FPSO.
Richard “Rick” W. Spinrad, Ph.D., an internationally renowned scientist with four decades of ocean, atmosphere, and climate science and policy expertise, was confirmed by the U.S. Senate as the under secretary of commerce for oceans and atmosphere and the 11th NOAA administrator.“As an accomplished and respected scientist, educator, communicator and executive