According to a report from Bloomberg, NITC Co., an Iranian shipowner with a fleet of 45 tankers, said its vessels are exempt from a ban that prohibits European Union-based insurers from covering companies based in the country.
MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil,
Japan had been seen as frontrunner for Australian submarine deal, but Australian defence firms unhappy after talks with Japan.
A Japanese consortium eyeing a A$50 billion ($35.
President Barack Obama on Tuesday will propose a faster timetable for buying a new heavy icebreaker for the U.S. Arctic, where quickly melting sea ice has spurred more maritime traffic,