The principal difficulty for Arctic offshore drilling right now, according to oil industry think tank, is economic. The companies may be back for another try at Arctic offshore drilling, in U.S. waters or elsewhere, if economic conditions change…
One of the U.S. Senate's top advocates for lifting the ban on domestic crude exports urged the Commerce Department on Thursday to disclose whether any oil swaps with Mexico have actually been finalized after the agency approved the transactions in August…
The head of U.S. oil company ConocoPhillips on Thursday renewed a call for the Obama administration to lift a ban on crude exports to help revive the struggling domestic energy industry, saying the move was 'number one on my wish list.'The…
Morocco has launched an international tender seeking a financial advisor for its plan to boost liquefied natural gas (LNG) imports, state-owned power utility ONEE said on Thursday.ONEE said the last date for submitting bids for the tender is Dec…
The EU Commission has accepted a comprehensive rescue plan for the German shipping bank - HSH Nordbank - which will offload approximately USD 7 billion of its troubled assets back onto the government and privatize. The bank's owners, which bailed out HSH in the financial crisis…
Dryad Maritime released its Q3 trends and analysis of global maritime crime showing a stark rise of 38% of incidents across Southeast Asia, when figures are compared to the first nine months of 2014. The apparent impunity of maritime gangs operating…
The WTO received the 50th ratification of the Trade Facilitation Agreement (TFA) after the former Yugoslav Republic of Macedonia deposited its instrument of acceptance on 19 October.Concluded at the WTO’s 2013 Bali Ministerial Conference…
China will actively promote maritime scientific research and innovation as well as international cooperation to advance sustainable marine development, according to the State Oceanic Administration (SOA), reports Xinhua. Chen Lianzeng, deputy director of the SOA…
The Antarctic Ocean Alliance (AOA) called on the 25 member countries gathering today for the annual meeting of the Commission for the Conservation of Antarctic Marine Living Resources (CCAMLR) to finally agree on lasting and significant Southern Ocean protection…
ASRY holds keel-laying ceremony as it starts landing craft construction. ASRY marked the commencement of erection of a new Landing Craft being constructed for the Bahrain Coast Guard (BCG) with a keel-laying ceremony. The event was attended…
No kickbacks were paid in connection with the purchase of Scorpene submarines for the Indian Navy in 2005 from French company Thales the government has told the Delhi High Court, reports PTI. Indian government was responding to a PIL, filed…
German Government-backed project could mark the start of a series of vessel conversions. Wessels Reederei has received a government grant to convert one of its container ships to liquefied natural gas (LNG). The company said it has received…
Crowley Maritime Corporation was recognized today with a 2015 AMS Safety Award by American Maritime Safety, Inc. (AMS) for the company’s implementation of a drug and alcohol awareness program for crewmembers that perform safety-sensitive functions on vessels calling U…
Naval forces and liaisons from India, Japan and United States begin Exercise Malabar 2015, Oct. 16, through air defense collaboration.The featured cooperation consists of aircraft carrier USS Theodore Roosevelt (CVN 71), Carrier Airwing (CVW) 1…
U.S. President Barack Obama and South Korean President Park Geun-hye said on Friday the door remained open to negotiations with North Korea that could bring relief from sanctions, but Pyongyang needed to show it was serious about abandoning its nuclear weapons program…
