Intermodal: Since the beginning of 2018 around 230 second-hand sales have been reported in the dry bulk sector.
A total of fifty-three bulk carriers over 10,000 dwt have been identified as total losses over the past ten years.
Owners continue to commit their Very Large Crude Carriers (VLCC) for recycling.
Turkish bulk carrier Ince Inebolu suffered massive hull damage last week while carrying wheat to Yemen.
France’s Total has signed a memorandum of understanding (MoU) with the government of Oman to develop natural gas resources and LNG bunkering service in the country.
Top five most read articles on Offshore WIND from 7 to 13 May 2018.
The most popular articles of the week.
Italian energy giant Eni has brought up the third production unit (T-2) at its Zohr gas field in the Mediterranean Sea offshore Egypt. This will increase installed capacity to 1.2 bcfd, Eni said on Thursday. Zohr is now producing 1.1 bcfd in ramp-up, equivalent to approximately 200 thousand boed, of
Lower oil exports from Iran stemming from new sanctions against the country could leave up to 20 VLCCs without work.
UK-based oil and gas company Serica Energy is evaluating the implications of the reimposed U.S. sanctions towards Iran on the Rhum gas field in the UK North Sea.
U.S. president Donald Trump on Tuesday terminated the U.S. participation in the Iran nuclear agreement devised in 2015 to curb Iran’s nuclear weapons development capacity, labeling it “one of the worst and most one-sided transactions the United States has ever entered into.”
Navingo BV, the company behind MarineEnergy.biz and several other offshore and maritime-focused news sites, has opened the nomination period for Offshore Energy Awards 2018, which will be presented during the Offshore Energy Exhibition & Conference 2018 (OEEC) in Amsterdam this October.
Iran blames CF Crystal’s direction change for Sanchi tragedy that claimed 32 mariner lives.
Offshore energy-related activity is expected to grow and will require trillions of dollars of investments through 2040.