Three workers are missing after an accident at an offshore oil platform in the Caspian Sea in Azerbaijan, Azeri state energy company SOCAR said on Friday. SOCAR said a small cabin, where workers were living, was washed into the sea from the platform during a heavy storm…
The cost of shipping crude surged to all destinations, amid speculation that bookings are increasing to load crude. According to a report in Bloomberg, the oil tanker rates soared to the highest in seven years amid an acceleration in the…
Alliance between Siemens Drilling and Marine, Dresser-Rand—A Siemens Business, and Lloyd’s Register provides end-to-end solution to guarantee availability of LNG as marine propulsion fuel. A 'best of industry' team plans to to make LNG…
Tenneco, a leading global supplier of Clean Air after-treatment technologies, has been awarded two approved in principle (AIP) certificates for its high horsepower selective catalytic reduction (SCR) system from DNV GL, one of the world’s…
Press release - Ecoslops, the first company to develop technology to produce recycled marine fuels from marine oil residues (‘slops’), has announced that it has sold its first volume of marine fuel, as well as importing a new shipment of slops to its refinery at the Port of Sinès in Portugal…
The global shipping industry, represented at the United Nations Conference in Paris by the International Chamber of Shipping (ICS), fully supports a global deal on climate change. The shipping industry is committed to ambitious CO2 emissions reduction across the entire world merchant fleet…
Wood Group has appointed three senior engineering specialists who will lead a new team of up to 20 people in the UK to further build Wood Group’s capability in vibration, dynamics and noise. This follows the acquisition of BETA Machinery Analysis…
Bureau of Safety and Environmental Enforcement staff from the Oil Spill Preparedness Division attended an international workshop last month that focused on how Arctic meteorological and oceanographic conditions can affect traditional oil spill response strategies…
As the interconnector of global trade shipping facilitates every other part of the economy, and decision making around low-carbon pathways in other transport modes and industries will both influence and constrain decarbonisation in shipping…
Transparency Market Research launched its latest study on the global bunker fuel market, in terms of revenue and volume. The report predicts that the global bunker fuel market is likely to reach an estimated volume of 460 million tons by 2020…
Kuwait on Sunday appointed Anas al-Saleh as acting oil minister in addition to his roles as finance minister and deputy prime minister, state news agency KUNA reported.KUNA did not say why Ali al-Omair was leaving the oil minister post…
World leaders are 'quite close' to reaching a deal to fight climate change when they meet in Paris from Monday, Latvian President Raimonds Vejonis, Europe's first Green party head of state, said, adding any deal should be legally binding…
On November 20, 2015 the Severneftegazprom Board of Directors made a decision to appoint Vladimir Dmitruk as the company's Director General starting from November 23, 2015. His appointment is expected to boost the activities of Severneftegazprom which is mainly focused on natural gas production…
Becker Marine Systems USA continues growth in North America.Becker Marine Systems, the leader in rudder technology and the inventor of the Becker Mewis Duct Energy-Saving Device has added Brian Rhoades and Adam Wood to their USA staff…
Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of 3 years is offered to owners of specific YANMAR marine engine models which will be used for private and personal pleasure use only…
