An Iranian fishing dhow and its crew members managed to escape from Somali pirates after being held hostage for five months, maritime piracy experts from Ocean Beyond Piracy informed. Namely, the crew managed to slip the moorings of its fishing vessel, the Jaber, on Thursday, August 27th, thus fleei
Eni of Italy said it has made a “supergiant” gas discovery at its Zohr Prospect, in the deep waters of Egypt. The discovery well Zohr 1X NFW is located in the economic waters of Egypt’s offshore Mediterranean, in 4,757 feet of water depth (1,450 metres), in the Shorouk Block, signed in January 2014
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A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals’ output.
Have you ever asked yourself how the biggest ships were made? Today’s infographic brings you detailed information about building techniques and technologies used for building some of the biggest ships, trucks and constructions. Click here for full-size image World Maritime News Staff; Infographic so
Have you ever asked yourself how the biggest ships were made? Today’s infographic brings you detailed information about building techniques and technologies used for building some of the biggest ships, trucks and constructions. Click here for full-size image World Maritime News Staff; Infographic so
Oil and gas service companies have fared better than expected in the first half of the year despite a weak market, thanks to deep-pocketed Middle Eastern customers and stringent cost cuts.
NYC-based PIRA Energy Group reports that Qatari LNG pushes to Europe to support Asian prices.
Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8.4 percent from 2013 to 2014 and by more than 29 percent since 2009, according to BSR’s Clean Cargo Working Group (CCWG) annual report for 2015. The report attributed a portion of these results
Average CO2 emissions per container per kilometer for global ocean transportation routes have declined by 8.4 percent from 2013 to 2014 and by more than 29 percent since 2009, according to BSR’s Clean Cargo Working Group (CCWG) annual report for 2015. The report attributed a portion of these results
Former Executive Director of the International Energy Agency, Nobuo Tanaka, has predicted Iran will become one of the leading powers in the world oil and gas market by 2040.
Gulf Marine Services (GMS), a UAE-based provider of self-propelled self-elevating support vessels (SESVs), on Tuesday reported a rise in its 1H 2015 revenue. Namely, GMS’ revenue was $98.2 million, up from $90.7 million a year ago. The company’s net profit also rose to $35 million, up from $33.1 mil
The gas recovered from South Pars phases 13, 14, 19, 22 and 24 can now be injected to the national gas trunkline, a gas official said.
Iran is prepared to cooperate with foreign countries, but tasks will be entrusted with only countries that offer the best cooperation terms, Iranian Petroleum Minister Bijan Zangeneh said.
