Exxon Find Boosts Guyana Oil Estimates to 8 Billion Barrels
Jan 27 (Reuters) – Exxon Mobil Corp on Monday raised its Guyana oil estimates by 2 billion barrels with disclosure of a new discovery, as it continues to
Jan 27 (Reuters) – Exxon Mobil Corp on Monday raised its Guyana oil estimates by 2 billion barrels with disclosure of a new discovery, as it continues to
Check out this wild video out of northern Norway showing an expedition cruise ship docking during strong winds. The video was filmed on January 21 as the
By David Lawder WASHINGTON, Jan 27 (Reuters) – Britain is the United States’ closest ally but their long friendship may be sorely tested as the two
LONDON, Jan 27 (Reuters) – Green groups on Monday called for a ban on the use of new low sulfur fuel in the Arctic region, citing research showing that
Three people are missing after two towing vessels collided on the Mississippi River near Luling, Louisiana on Sunday. The U.S. Coast Guard says watchstanders
Wärtsilä will supply all the main equipment for the first LNG fuelled short-sea Ro-Lo (roll-on, lift-off) vessels to be operated by Finland based Bore for
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By Aaron Kirchfeld (Bloomberg) Volkswagen AG is disappointed with the offers so far for its MAN Energy Solutions division, which makes diesel engines for ships
By Aaron Sheldrick (Reuters) – At the wrecked Fukushima nuclear plant north of Tokyo, workers in protective suits are still removing radioactive material
The International Maritime Pilots’ Association (IMPA) is calling on the International Maritime Organization to crack down on a commonly
By Roslan Khasawneh and Muyu Xu SINGAPORE, Jan 23 (Reuters) – Chinese oil refiners are unlikely to boost their output of cleaner marine fuels until at
By Catherine Traywick, Stephen Cunningham, Naureen Malik and Dave Merrill (Bloomberg) –In May, while President Donald Trump toured a new $10 billion
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The price of low sulphur fuel oil has dropped steeply in recent weeks at the bunkering hub of Singapore in a sign that the bunker market is stabilizing
A new project looking to launch the world’s first ammonia-powered supply vessel has received major funding from the European Union, setting the stage for
By Fran Golden (Bloomberg) –One of the biggest trends in high-end cruising is extremely small. It’s the opposite, in some ways, of everything you’d
By Roslan Khasawneh SINGAPORE, Jan 23 (Reuters) – The global shipping market is set for a recovery, benefiting from new global rules on marine fuels that
The owners of the MT Odfjell Bow Fortune, the 600-foot tanker that collided with a fishing vessel near Galveston, Texas on January 14, has asked a Federal
By Firat Kayakiran and Jack Wittels (Bloomberg) –The world’s largest container shipping line is hiking up a fuel surcharge that it imposes to transport
IMO Secretary-General Kitack Lim says the implementation of new International rules limiting the sulphur content of fuel used by ships has gone relatively
(Reuters) – U.S. oilfield services provider McDermott International Inc said on Tuesday it would file for prepackaged bankruptcy protection under Chapter
By Kyunghee Park (Bloomberg) –Container-shipping companies, some of the biggest polluters of the world’s oceans, are managing to pass higher costs onto
Pirates have released eight crew members kidnapped from the Greek tanker Happy Lady back in December as the vessel was anchored off the port of Limboh in
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Pirates off the coast of Nigeria chased and shot at a containership underway on Tuesday in the first reported piracy incident in the Gulf of Guinea region so
By William Mathis (Bloomberg) –One of the most advanced developers of the growing floating wind farm business, Principle Power Inc., is seeking to raise
Pirates have released nineteen crew members kidnapped from a tanker in Gulf of Guinea last month, the vessel’s owner says. Unfortunately, one crew member who
Croatian industrial group DIV Group has agreed to purchase Norwegian shipyard Kleven Verft from Hurtigruten. DIV Group is owner of Brodosplit, the largest
The European Union has provided more than 20 million euros to a pioneering project in Norway to advance autonomous ship technology. The funding, one of the
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