Over 350 employees of Germany’s Flensburger Schiffbau-Gesellschaft (FSG) as well as business assets of the struggling shipyard have been taken over by several companies belonging to investment company Tennor Holding.
Even though Hurricane Laura has moved from the Gulf of Mexico onto the mainland, almost 70 per cent of U.S. oil production remains shut-in.
US Bureau of Industry and Security (BIS) acting under secretary Cordell Hull has issued a final order imposing a $31,4 million penalty on Singapore based Nordic Maritime and its chairman, Morten Innhaug. The order imposing a civil penalty followed an earlier decision to impose a 15 year denial order
California has approved a new regulation designed to further reduce pollution from ocean-going vessels while docked at the state’s busiest ports. The rule builds on the progress achieved by the At-Berth Regulation adopted in 2007, which has paved the way for an 80 percent reduction in harmful emissi
At least 17 dolphins have been found stranded on Mauritius’ shores over the past several days, BBC reports, raising questions about whether these could be linked to a recent oil spill from Wakashio bulker that went aground last month and subsequently split in two. Environmental group Greenpeace said
The U.S. Department of Commerce has blacklisted 24 Chinese companies for their role in supporting the Chinese military construct and militarize the disputed artificial islands in the South China Sea. The companies targeted by the sanctions include China Communications Construction Company and a numb
Carnival Corporation, the world’s largest cruise shipping company, has retrofitted 77 % of its fleet with exhaust gas cleaning systems, commonly known as scrubbers, splashing a total of $500 million on installations to date. The cruise major launched scrubber installations on board its ships back in
The U.S. energy industry is preparing to be hit by Hurricane Laura which could cut crude production at a rate approaching the level of 2005’s Hurricane Katrina and stop oil refining at plants along the Texas-Louisiana coast.
The Panama-flagged chemical/oil tanker Aegean II was not hijacked off the Horn of Africa earlier this month, EU NAVFOR said, citing Somali Bossaso port authority.
Oil and gas operators in the U.S. Gulf of Mexico have evacuated over 40 per cent of production platforms as a result of Tropical Storm Marco and ahead of the arrival of a second storm – Tropical Storm Laura.
German oil and gas company Wintershall Dea, one of five western partners in the Nord Stream 2 gas pipeline project led by Russia’s Gazprom, has reportedly rejected sanctions planned by the United States.
The Polish Economic Institute (PEI) said on Wednesday that Poland, which is the only European Union country that has not pledged to be carbon neutral by 2050, could reach that goal by 2056.
The First Senate of Germany’s Federal Constitutional Court has ruled on constitutional complaints filed against the country’s existing Offshore Energy Act (WindSeeG). On the matter of the Act not providing for any compensation for the planning and site investigation expenses incurred by developers w
Two workers were evacuated on Tuesday from Equinor’s Statfjord B platform offshore Norway after being exposed to smoke following a short circuit in a switchboard room.
