WASHINGTON (Reuters) - A dazzling discovery in northwestern China of hundreds of fossilized pterosaur eggs is providing fresh understanding of these flying reptiles that lived alongside the dinosaurs including evidence that their babies were born fligh...
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Rising US LNG Exports Boost Interest in Natgas Futures
A surge in speculative interest in the U.S. liquefied natural gas (LNG) export boom has pushed open interest in natural gas futures to an all-time high, traders said on Thursday. Open interest, which measures the number of contracts outstanding…
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Resolve Grows Client Services Team
Resolve Marine Group has strengthened its senior team with the appointments of Lindsay Malen-Habib as Manager of Client Services and Dimos Iliopoulos as its Representative in Greece. Both will report to Resolve’s Director of Client Services, Daniel Dettor.
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First Class Approved 3D Printed Ship’s Propeller Unveiled
The world’s first Class approved 3D printed ship’s propeller, the WAAMpeller, has been unveiled following rigorous testing verified by Bureau Veritas at Damen Shipyard Group’s headquarters in the Netherlands. The groundbreaking propeller is the result of collaboration between RAMLAB…
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ABS: New Guidance on Energy Storage
ABS has published The ABS Guide for Use of Supercapacitors in the Marine and Offshore Industries (Supercapacitor Guide) to support safe application of hybrid power in the marine and offshore industries. The maritime industry is increasingly…
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First Oil and Contract Start-up for Libra FPSO
Teekay Offshore Partners L.P. announced that its jointly owned floating production storage and offloading (FPSO) unit, the FPSO Pioneiro de Libra (Libra), has achieved first oil and commenced its 12-year charter contract with a group of international oil companies…
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Capesize Rates to Climb in a ‘Market on Fire’
Freight rates for large dry cargo ships on key Asian routes, which hit three-year highs this week, are likely to rise further on a shortage of ships available for immediate charter, brokers said. Rates for 180,000 deadweight tonne (DWT) capesize…
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