Shell has reportedly agreed to pay $3.8 million for damages over a May 2016 oil spill, which resulted in about 1,926 barrels of oil discharged into the U.S. Gulf of Mexico.
The average price for spot liquefied natural gas (LNG) cargoes imported into Japan, contracted in the month of June, have rebounded after a drop in May.
European ports do not want to carry the costs of “unreasonable amounts” of garbage delivered by ships, according to ESPO.
South Korean shipbuilder Hyundai Heavy Industries recently completed the ice trials for a 3,100 TEU multi-purpose container vessel with icebreaking capabilities in Finland.
Almost seven hundred offshore workers represented by SAFE Union started a strike action on Tuesday in Norway after pay negotiations with Norwegian Shipowners Association failed.
Van Oord’s installation vessel Aeolus has wrapped up sea trials off the North Holland coast, marking the completion of the modification campaign that commenced in 2017. Now, the vessel is ready to start working on the Norther offshore wind farm.
UK’s OGA has launched the 31st Offshore Licensing Round, offering blocks in frontier areas of the UKCS.
Australian oil company Triangle has identified exploration prospects near its Cliff Head field off Australia that could hold a prospective volume of 29 million barrels.
Ocean Yield has taken delivery of a newbuilding suezmax crude tanker from Samsung Heavy Industries.
TechnipFMC has selected Omnisens for the design, manufacturing, supply and service of the full monitoring solution installed on the ‘Electrically Trace Heated Pipe-in-pipe’ (ETH-PiP) for the Fenja field, in the Norwegian Sea. The Fenja field will be operated by VNG Norge and will have the longest ET
Aker BP and Aker Solutions are forming an alliance to deliver modification projects on three of Aker BP’s fields.
South Carolina Ports Authority reports record container volumes handled during the 2018 fiscal year.
MOL has unveiled a wide-ranging research partnership aimed at developing an advanced navigation support system.
Seaborn Networks, developer-owner-operator of submarine fiber optic cable systems, has announced the addition of Mehmet Akcin to its board of advisors. Akcin is one of Silicon Valley’s most innovative engineering executives, with 15 years of experience and 6 patents granted to his name while working
