SBM Offshore awarded FEED contracts for ExxonMobil Guyana project
ExxonMobil Guyana has awarded SBM Offshore contracts for front end engineering and design (FEED) for a floating production, storage and…
Japanese leisure firm establishes subsidiary for Disney cruise operations
Japanese theme park operator Oriental Land Company announced its decision to establish a wholly-owned subsidiary to manage upcoming Disney cruise…
Seacon Shipping Group to acquire four dry cargo vessels for $44m
Seacon Shipping Group has agreed to acquire four multi-purpose dry cargo vessels for a total consideration of $44.4 million. The…
Captain’s exhaustion ends in fishing vessel grounding: NTSB
The National Transportation Safety Board (NTSB) has determined that the grounding of the commercial fishing vessel Eileen Rita on April…
US expected to send thousands more soldiers to Middle East
The Pentagon is expected to send thousands of soldiers from the US Army’s elite 82nd Airborne Division to the Middle…
Kuwait oil CEO says Iran is holding the world’s economy hostage
Emergency measures to alleviate the disruption to energy supply caused by the US-Israeli war on Iran are “not even a…
€40m cruise terminal opens doors in Las Palmas, dubbed as largest in Europe
Global Ports Holding and its partner SEPCAN have inaugurated the largest cruise terminal in Europe in Las Palmas de Gran…
Grounding of the Ever Given: When Hydrodynamics Turns Into Financial Risk
On March 23, 2021, the ultra-large container vessel Ever Given grounded in the Suez Canal during sandstorm conditions, blocking one…
Dominion’s Coastal Virginia Offshore Wind Delivers First Power
Coastal Virginia Offshore Wind, which is the largest commercial-scale offshore wind project in the United States, marked a key milestone…