Hungarian oil and gas group MOL and state-owned energy company MVM will jointly charter tankers to ship up to 160,000 metric tons of crude oil a year from Azerbaijan to further diversify energy supply for Hungary and Slovakia, MOL said on Thursday.The ...
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M/V Donny Mudgett: First Delivery in Hines Furlong’s 11-Vessel Newbuild Program
Hines Furlong Line has taken delivery of the M/V Donny Mudgett, the first vessel completed in its eleven-vessel newbuild program. Built at Intracoastal Iron Works in Bourg, Louisiana, the M/V Donny Mudgett is powered by three Mitsubishi Tier 3 S6R2-Y3M...
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There Is An Estimated 6 Billion Barrels of Shale Oil Reserve in Southeast Turkey
U.S. oil producer Continental Resources estimates there is a shale oil reserve of 6.1 billion barrels in Turkey's southeastern Diyarbakir Basin, the Turkish energy minister said.If confirmed, such reserves would place Turkey above some OPEC members suc...
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US Natural Gas Prices Fall on a Smaller-Than-Expected Decline
U.S. natural gas futures fell around 1% on Wednesday on a smaller than previously expected decline in daily output so far this month after a 10%-price jump on Tuesday forced some traders to cover some short positions.Gas futures for June delivery on th...
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ADM Lunday Nominated to be next USCG Commandant
Department of Homeland Security Secretary Kristi Noem has charged the Coast Guard to “revolutionize how it functions and operate,” speaking at the Coast Guard Academy Commencement ceremony. “The Coast Guard must not simply evolve. It must revolutionize...
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Wage Talks With Norway’s Oil Drilling Unions Break Down, Increasing Risk of Strike
Wage talks involving some 7,500 oil drilling workers in Norway broke down on Wednesday, employers and three labour unions said, raising the risk of strike action later this year that could disrupt exploration.The talks between the Norwegian Shipowners'...
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Jones takes the Helm at Cal Poly Maritime Academy
Cal Poly appointed Rear Admiral (Retired) Eric C. Jones, USCG, as superintendent of the Cal Poly Maritime Academy, effective July 1, 2025.Jones joins Cal Poly following more than 35 years of distinguished service in the U.S. Coast Guard. His…
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One on One with Knut Ørbeck Nilssen, CEO Maritime, DNV
With a 160+ year history and 18% of the world fleet under the DNV classification banner, DNV is one of the world’s leading classification societies.
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Poland Intervenes For Suspicious Russian “Shadow Fleet” Activity Near Power Cable
Poland's military intervened after a ship from the Russian "shadow fleet" was seen performing suspicious manoeuvres near a power cable connecting Poland with Sweden, the Polish Prime Minister said on Wednesday.NATO has stepped up security in…
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