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IEA Chief: Gulf Energy Crisis is Worse Than 1970s Oil Shocks

IEA Chief: Gulf Energy Crisis is Worse Than 1970s Oil Shocks

Benchmark Brent and WTI oil futures eased on Monday in response to the White House's claims of new peace talks with Iran, but the near-term energy outlook remains challenging, according to some of t...

Updates to Guidelines on the Application of ILO Maritime Labour Convention

Updates to Guidelines on the Application of ILO Maritime Labour Convention

[By: International Chamber of Shipping] The International Chamber of Shipping (ICS) has released the fifth edition of its Guidelines on the Application of the ILO Maritime Labour Convention, ur...

Damen Launches Tenth Island Class Ferry for BC Ferries

Damen Launches Tenth Island Class Ferry for BC Ferries

[By: Damen Shipyards Group] At a ceremony at Damen Shipyards Galati in Romania, the tenth Island Class ferry has been launched. Damen is constructing the vessels for BC Ferries. The Island Class fe...

Bureau Veritas Verifies Emissions Performance of Brittany Ferries' Vessels

Bureau Veritas Verifies Emissions Performance of Brittany Ferries' Vessels

[By: Bureau Veritas Marine & Offshore] Bureau Veritas Marine & Offshore (BV) has completed the independent verification of methane emissions measurements conducted on board four LNG-fueled vessels...

Maersk’s APM Becomes Minority Shareholder in North Vietnam Terminal

Maersk’s APM Becomes Minority Shareholder in North Vietnam Terminal

Maersk’s APM Terminals is taking a 49 percent minority shareholder and operating partner position in the Hai Phong International Container Terminal in North Vietnam. The company notes the strategic...

Report: Floating and Bottom Mines Detected in Strait of Hormuz

Report: Floating and Bottom Mines Detected in Strait of Hormuz

  Reports of Iranian mines in the Strait of Hormuz have circulated for weeks, but the most detailed signal yet comes from CBS, which now reports that U.S. intelligence has detected at least a dozen...

HD Hyundai Moving Forward with Humanoid Welding Robot for Shipyards

HD Hyundai Moving Forward with Humanoid Welding Robot for Shipyards

HD Hyundai has been working on several projects to develop technology that would support the use of humanoid robots to undertake precision tasks at its shipyard. The company announced on March 23 th...

Designers and Technicians Go on Strike at Bath Iron Works

Designers and Technicians Go on Strike at Bath Iron Works

A small group of workers at the Bath Iron Works walked off the job on Monday, March 23, in the first strike in six years at the critical government contractor. The strike is being conducted by about...

Iran's Strike on Ras Laffan Could Raise LNG Prices for Years

Iran's Strike on Ras Laffan Could Raise LNG Prices for Years

  [By Dr. Adi Imsirovic] On March 19, Ras Laffan, the largest liquified natural gas (LNG) terminal in the world, supplying one-fifth of the world’s super-chilled fuel, was hit by Iranian missile...

US to Repay TotalEneriges $1B for Wind Leases Redirected to LNG Investments

US to Repay TotalEneriges $1B for Wind Leases Redirected to LNG Investments

TotalEnergies confirmed it has entered into settlement agreements with the U.S. Department of the Interior, which will see the company redirect nearly $1 billion invested in leases for two offshore...