The GEBCO NF- Alumni Team was announced as the $4 million grand prize winner of the Shell Ocean Discovery XPRIZE, a three-year global competition that challenged teams to advance deep sea technologies for autonomous and unmanned, fast and high-resoluti...
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Russia says U.S. military curbs on space cooperation are unfair competition
Russia accused the United States of trying to unfairly grab market share in the space services industry on Friday after the U.S. military imposed restrictions on space launch cooperation with Moscow.
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ST Engineering Sets Up Mississippi Subsidiary
Singapore Technologies Engineering (ST Engineering) announced that its U.S. company Vision Technologies Systems (VT Systems) has set up a subsidiary ST Engineering Halter Marine and Offshore, based in Pascagoula, Miss., with share capital of US$10 (app...
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Cruise Boat Captain Denies Blame in Hungary Collision
The captain of a passenger cruiser that collided with a boat that capsized killing South Korean tourists on board denies having broken any rules or committing a criminal office, his lawyer said in a statement cited by state news agency MTI on…
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Japan Oil Industry Braces for Higher Middle East P&I Costs
The costs of buying crude oil from the Middle East could rise as war insurance for ships travelling in the region will be expanded to include vessels travelling off the United Arab Emirates and Oman, the head of Japan Petroleum Association said on Frid...
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Sempra’s Cameron LNG Terminal Ships First Cargo
Sempra Energy said on Friday the $10 billion Cameron liquefied natural gas export terminal in Louisiana had shipped its first cargo, making the plant the fourth big LNG export terminal to enter service in the United States.Mitsui & Co Ltd, one of the p...
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UKCS Investments On the Rise
North Sea operators and contractors are investing across people, R&D, technology and new markets to support continued growth, said a new report.The 30th Oil and Gas survey, conducted by Aberdeen & Grampian Chamber of Commerce in partnership with the Fr...
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US Oil Production Up, Needs More Pipelines
The rising domestic crude oil production in the United States has created a need for more pipeline capacity, revealed the US Energy Information Administration (EIA).EIA recently launched a new liquids pipeline projects database that tracks more than 20...
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Sun Princess Debuts in Southampton
The Port of Southampton has celebrated the inaugural call of Princess Cruises’ Sun Princess, one of 11 vessels to be making their maiden visit to the UK city this season.A traditional plaque and key ceremony took place on board the ship to mark…
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Peel Ports Expands London Medway
Peel Ports, Britain's second largest group of ports, has expanded its proposition at London Medway with a GBP5.5million investment to replace the Royal Bridge Pontoon.The upgrade work includes a new 12m wide, 45m across ramp, which will allow…
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