News

Oil Exec McClendon Faces US Antitrust Probe

Aubrey McClendon, the former CEO of Chesapeake Energy Corp, is under investigation by the U.S. Department of Justice for potential antitrust violations related to leasing oil and gas properties,

Ocean LED Appoints New Sales Managers

Ocean LED USA LLC has appointed Keith Bedford and Nick Daidone as Territory Sales Managers. Both are responsible for all sales activities required supporting the

Two Rescued from Sinking Shrimp Boat

Two fishermen were rescued from their sinking shrimp boat by a U.S. Coast Guard aircrew Friday off the coast of Saint Simons Island near Brunswic, Georgia.   Watchstanders

IMO: Making Ferries Safer

The International Maritime Organization (IMO) domestic ferry safety conference in Manila April 24 has adopted guidelines to aid the process of reducing the mounting

Judge Orders Migrant Boat to Remain in Custody

An Italian judge on Friday ordered that the presumed captain of a migrant boat that sank with the loss of more than 700 lives should remain in custody after prosecutors

Freefall Lifeboat Simulator Onboard Accommodation Vessel

Virtual Marine Technology has installed its first lifeboat simulator system in Norway. The simulator, located onboard Prosafe’s Safe Boreas accommodation vessel,

Grounding Kills 1, Injures 2 in Charleston Harbor

One person was killed and two people were injured when a boat ran aground on Shutes Folly off Charleston, South Carolina, late Thursday evening, the U.S. Coast Guard reported.

HMS Prince of Wales Bridge Sets Sail

The bridge section of the second Queen Elizabeth Class aircraft carrier set sail today from Glasgow on its first sea voyage to Rosyth.   Upper Block 07 is where

VT Halter Powers Ahead

If you drive just south of I-10 in Pascagoula, Miss., within 10 minutes you find yourself on the doorstep of VT Halter Marine, arguably one of the more diverse and active shipyards in the U.

Iran Moves Ships, Reducing Tensions Near Yemen

A flotilla of nine Iranian military and cargo ships that U.S. officials feared was carrying arms to strife-torn Yemen sailed northeast in the direction of Iran on Friday,

HII, Kinder Morgan Not to Pursue Avondale Joint Venture

Huntington Ingalls Industries and Kinder Morgan Inc. decide not to pursue joint venture on Avondale redevelopment   Huntington Ingalls Industries (HII) announced

USCG Searching for Mariner off Hawaii

U.S. Coast Guard rescues one, searching for another mariner off Lanai   The U.S. Coast Guard (USCG) rescued one man and is still searching for another after the

Fitch Warns it May Still Downgrade Petrobras in Next Few Years

Brazil's state-run oil company Petroleo Brasileiro SA avoided an imminent credit downgrade by publishing corruption-delayed financial statements but could still

Urals Stronger in Baltic Due to Low Volumes

Russian Urals crude strengthened on Friday after a loading programme showed an expected drop in exports from the Baltic in May.   In the Platts window, Trafigura

US Oil Rig Count Declines a Bit This Week

The fall in U.S. rigs drilling for oil quickened a bit this week, data showed on Friday, suggesting a recent slowdown in the drilling decline was temporary, after

Ingram Barge’s Sehrt Elected AWO Chairman

The members of the American Waterways Operators (AWO), the national trade association representing the tugboat, towboat and barge industry, elected a new slate

Maruzen Runs Naphtha Crackers at Full Capacity

Japan's Maruzen Petrochemical Co has been running its two naphtha crackers at its Chiba plant, east of Tokyo, at full capacity, thanks to booming exports, company officials said on Friday.

Four Petrobras Platforms Halt Output Due to Oil Leak

Four Petrobras oil platforms off the northeast coast of Brazil have halted production after a leak of about 7,000 liters of oil was detected coming from a pipeline linking them,

Global LNG Prices Steady as Asian Demand Muted

Asian spot liquefied natural gas (LNG) prices for June delivery were unchanged on Friday as traders said demand remained weak.   The price of Asian spot cargoes held steady at $7.

Two Dual-LiDAR Buoys Deployed

AXYS Technologies Inc. (AXYS) has deployed two dual-LiDAR WindSentinel floating LiDAR systems, utilizing the Offshore Renewable Energy (ORE) Catapult’s offshore anemometry mast.

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