Should OPEC Worry About Contango and Backwardation?
"Backwardation is the solution" to OPEC's problem of how to raise output and revenues without sparking another shale boom, according to the influential oil research team at Goldman Sachs.
OSC Launches VLCC Chartering Business
Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering its Very Large Crude Carrier…
USS Abraham Lincoln Departs for Sea Trials
Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) got underway for sea trails, May 9, following a four-year refueling…
US Navy Christens Submarine Indiana
The U.S. Navy christened its newest Virginia-class fast attack submarine, the future USS Indiana (SSN 789), during a ceremony Saturday…
US, Singapore, Thai Navies Complete CARAT
Ships from the Republic of Singapore navy, Royal Thai navy and U.S. Navy completed a three-day multilateral Cooperation Afloat…
US Navy to Christen Submarine Indiana
The Navy will christen its newest Virginia-class fast attack submarine, the future USS Indiana (SSN 789), during an 11 a.m.
FLIR to Debut Maritime Thermal Camera Innovations
Providing enhanced safety, security and awareness for professional, commercial and fishing owners and operators, FLIR Systems…
Rexroth Controller Certified for Use on Ships
Rexroth’s controller is now certified for use on ships, offshore installations and in explosive atmospheres. Six European…
Harvey Gulf Grows Fleet, Inks Long-term Contracts
As vessel many vessel operators are stacking vessels and reducing fleet size, Harvey Gulf International Marine said it has signed four non-cancelable
Rolls-Royce to Power Korean Naval Frigates
Rolls-Royce said it has won a contract to supply MT30 marine gas turbines to power the next three ships in the Republic of Korea Navy’s Daegu-class
Wilhelmsen Drone Project Takes Off
Marking a seismic shift in just how ships agents can support their customers, Wilhelmsen Ships Service (WSS) will soon be delivering its agency
The New Offshore Reality
As a mix of traditional heavyweights and start-ups fight to keep Norway’s offshore industry afloat, collectively they assess Swedbank’s chief