According to a May 13 report from The New York Times, President Hugo Chávez announced early in the day that an offshore natural gas exploration rig, the Aban Pearl, leased to Venezuela’s national oil company sank off the coast of northeastern Venezuela and forced the rig to evacuate all 95 of its workers. The cause of the sinking is unclear.
(Source: The New York Times)
Royal Caribbean Group raised its annual profit forecast for a second time and beat expectations for first-quarter profit and revenue on Thursday…
Hess Corp on Wednesday said its board has set April 12 as the record date for the determination of the stockholders entitled…
Installed offshore wind capacity in the U.S. grew to 242MW in the first quarter of the year from 42MW in the previous quarter…
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened…
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
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