Total Seeking to Buy Stake in Iranian LNG Project
French oil giant Total held talks with Iranian officials about several projects in the country in 2016, notably a 10 million…
US O&G Industry Reaps the Benefits of International Trade
Rising exports have thrown a lifeline to U.S. shale producers and refiners, giving them an additional outlet at a time when…
Capsized Cargo Ship Refloated in Sweden
Ardent salvage crews used a parbuckling method to right and refloat the cargo vessel, M/V Sternö, which was loaded with 1…
$400 bln of unassessed climate risk in shipping
Today, Carbon War Room (CWR) and UMAS released research that suggests climate transition pathways pose risks to the banks…
Shell Signs 3-year Contract to Lease Oil Tanks in Panama
Oil company Royal Dutch Shell has signed a three-year contract to lease storage tanks at a large terminal in Panama that had been used by U.S. refining company Tesoro Corp…
BAE Systems to Modernize Cruiser USS Vicksburg
BAE Systems will perform ship alternations and miscellaneous repairs aboard the 567-foot-long USS Vicksburg (CG 69) under a $42.9 million U.S.
Damen books DAB Vloot ferry order
The last newbuild order of 2016 for the Damen Shipyards Group was signed on the 31st of December with DAB Vloot of Belgium.
Gowind 2500: DCNS Creation Passes first Test
DCNS announced the success of the first sea trials of the first-of-class Gowind 2500 corvette under construction in Lorient, France by DCNS.
OP/Ed: Obama’s Arctic Decision Undercut His Own Legacy
On December 20, 2016, in an 11th hour unilateral action designed to cement his environmental legacy, President Obama withdrew 3.
Somali Pirates Release Hijacked Ship, Crew without Ransom
Somali pirates released a hijacked oil tanker and its eight Sri Lankan crew on Thursday, a Somali security official and the pirates said
Skilled Workers Needed to Build Trump's Navy Vision
U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy.
Mega 20,150 TEU Containership Named MOL Triumph
A new 20,150 TEU containership has captured the “world’s largest” title: MOL Triumph, the first in a series of new mega containerships for Japan’s