Dry bulk shipping company Safe Bulkers wants to gradually renew its fleet with modern designs compliant with the new environmental regulations. In line with those efforts, in October 2020, the company signed a deal to buy a Japanese-built, Kamsarmax class, 82,000 dwt, newbuild bulker with a schedule
Full-flow electro-chlorination ballast water management technology is more effective than ultra-violet technologies or side-stream ballast water systems and systems without filters, according to a white paper released by Erma First. The ballast water management system manufacturer said its research
Jadestone Energy has settled a dispute with Teikoku Oil, a subsidiary of Japan’s Inpex Corporation, in respect of Block 05-1 PSC, located offshore Vietnam.
Trading of Pacific Drilling’s shares on the NYSE has been suspended and the contractor is facing delisting following its Chapter 11 filing last week.
Subsea UK has decided to postpone its underwater engineering event Subsea Expo due to the current coronavirus-imposed restrictions. The industry body announced today that the three-day conference and exhibition, along with the annual Subsea Awards dinner, will now take place on 25-27 May 2021. Neil
Classification society Nippon Kaiji Kyokai (ClassNK) has released its guidelines for membrane systems on liquefied gas carriers.
UK oil and gas company Premier Oil has received creditor support for the proposed merger with Chrysaor announced in October.
On 30 October, the US Centers for Disease Control and Prevention (CDC) issued a Framework for Conditional Sailing Order that introduces a phased approach for the safe and responsible resumption of passenger cruises.
Pacific Drilling has filed for Chapter 11 bankruptcy to eliminate $1.1 billion of bond debt amid significant disruption in the offshore drilling market.
On 26 October, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on the National Iranian Tanker Company (NITC), the National Iranian Oil Company (NIOC), and the Iranian Ministry of Petroleum, representing America’s latest attempt to increase economic
Canadian Nuclear Laboratories (CNL), Canada’s nuclear science and technology organization, has won a contract from Transport Canada to develop an assessment tool to examine clean technologies that could reduce greenhouse gas emissions and the release of other pollutants from marine vessels. Using wh
None of the alternative fuels being discussed today as the potential fuels of the future, such as LNG, ammonia or hydrogen, will be able to cut it, Ioanna Prokopiou, Chief Executive Officer of dry bulk trading company Sea Traders, believes. Speaking during a Lloyd’s List forum during Posidonia Week,
Equinor has received a notification of order from the country’s offshore safety watchdog after an audit found serious breaches on the Grane field.
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Lundin Energy Norway for a well located in the North Sea offshore Norway.
