Citi: Oil Could Plunge to $20, and This Might Be ‘the End of OPEC’
The recent surge in oil prices is just a "head-fake," and oil as cheap as $20 a barrel may soon be on the way, Citigroup said in a report on Monday as it
The latest maritime and offshore news.
The recent surge in oil prices is just a "head-fake," and oil as cheap as $20 a barrel may soon be on the way, Citigroup said in a report on Monday as it
General Dynamics NASSCO on Saturday christened the U.S. Navy’s newest ship, the USNS Lewis B. Puller (MLP-3
Harvey Gulf International Marine on Friday made LNG bunkering history when the lead vessel in its new line of dual fuel offshore supply vessels became the
This video sequence filmed on 27 January 2015 offshore California near San Nicolas Island shows a Tomahawk Block IV missile launched from USS Kidd (DDG 100)
Hamburg authorities expect the decline in seaborne trade with Russia to accelerate this year as a lagging impact of the weak ruble cripples trade with the
Allseas’ giant oil rig decommissioning vessel was initially named after Pieter Schelte Heerema who besides creating one of the world’s premier
Rig contractor Diamond Offshore Drilling Inc reported a 7 percent drop in quarterly revenue as demand dropped due to weak oil prices, and said it would not pay
British shipyard Cammell Laird announced today the award of a multi-million pound new-build ferry contract from the Northern Ireland Executive. The Birkenhead
Cruise Lines International Association (CLIA), the world’s largest cruise industry trade association, released its annual State of the Cruise Industry
Saipem’s deepwater pipelay installation vessel Castorone commenced laying the remaining 718 kilometer section of 42-inch pipe last week, according to
Last week, a huge corruption scandal at Petrobras resulted in an entire change-out of the top leadership at the Brazilian energy major. A report by
Cranes unload iron ore from a ship at a port in Rizhao, Shandong province February 7, 2015.
On February 5th, the anchor handling tug supply vessel Lim Tide suffered some sort of issue which caused it to ram a production platform in the Persian Gulf.
North Korea has test-fired a new anti-ship cruise missile, images released by state media on Saturday showed, demonstrating the increased capability of the
Cargo freighter loading and unloading operations will be suspended at U.S. West Coast Ports this weekend due to continuing chronic slowdowns, the companies'
Since she was delivered to Transocean in 2009, the 6th generation drillship Discoverer Americas has been on contract with Norwegian energy major Statoil.
Swiss-based Allseas Group has reportedly agreed to change the name of its Pieter Schelte vessel amid recent public outcry over the vessel's namesake being a
Three crewman suffering from burns and a broken leg were airlifted from a bulk carrier Thursday approximately 52 miles west of the Columbia River Bar.
The Port of Rotterdam has just released this awesome compilation video showing the best images displayed on Europe's largest screen in Rotterdam Central
A U.S. Navy photographer captured this epic rainbow forming over the bow of the Nimitz-class aircraft carrier, USS John C. Stennis (CVN 74), while underway in
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