Ukraine is seeking ways to get grain and vegetable oils out of the country by breaking a months-long blockade of the Sea of Azov and the Black Sea by the Russian navy and moving more by land.The war, together with Western sanctions against Russia…
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LNG Momentum Swinging Back to Asia as Europe Demand Eases: Russell
The merry-go-round of liquefied natural gas (LNG) between Europe and Asia appears to be tilting back toward Asia as buyers in the top-consuming region start to chase cargoes ahead of the summer demand peak.The dynamics of the LNG market for…
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US Prepares Renewal of Chevron’s Venezuela License Without Broader Terms
The U.S. Treasury Department is getting ready to renew in the coming days Chevron Corp's license to operate in Venezuela, but likely without the greatly expanded terms the U.S. oil major sought, four people close to the talks said.The last U.S.
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HII’s Newport News Shipbuilding Announces Big Hiring Push
Global defense and technologies company HII announced Tuesday that the company’s Newport News Shipbuilding division plans to hire approximately 5,000 people this year to meet the shipbuilding needs of the Navy. The shipyard anticipates hiring nearly 21...
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Seajacks’ New WTIVs Named After Mythological Sea Creatures
UK-based offshore wind turbine installation firm Seajacks, owned by Eneti, has revealed the names of the two next-gen offshore wind turbine installation vessels (WTIV) ordered last year by Eneti.The two new NG-160000X vessels will be known as Nessie an...
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MEO Group Orders Five Crew Boats from Penguin
Singapore-based offshore vessel owner MEO Group has ordered five new crew boats, as part of a fleet rejuvenation programThe company ordered the vessels from Singapore's Penguin Shipyard International. Based on Penguin's proprietary Flex-42X and Flex-40...
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Fugro Deploys Mobile Rig for U.S. Offshore Wind Site Work
Dutch marine survey services firm Fugro is back on the water for Atlantic Shores Offshore Wind off the U.S. east coast, conducting a third year of integrated site characterisation services for the New Jersey-based offshore wind farm developer.Geophysic...
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Castoldi Debuts New Waterjet for Large Vessels
Castoldi has launched the new Turbodrive 600 H.C.T. waterjet geared for large vessels.The largest in the Castoldi range to date, the new waterjet is equipped, like the other models of the range, with an integrated gearbox (certified for heavy duty rati...
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Mercury Marine Names Millender Bailey VP & GM, eSolutions
Mercury Marine, a division of Brunswick Corporation (NYSE: BC), has named Perissa Millender Bailey Vice President and General Manager, eSolutions. This new position on Mercury’s leadership team will be responsible for leading the company’s electrificat...
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European Ports and Interferry Set Sustainability Priorities
A meeting between the European Sea Ports Organization (ESPO) and global trade association Interferry has agreed a common work programme to promote an environmentally sustainable future for the European ferry business through the provision and…
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