The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years…
Though Abu Dhabi Ocean Racing extended their lead in the Volvo Ocean Race in-port series French town Lorient on the coast of Brittany, it was Team Alvimedica who took the victory, serving up a perfectly constructed race as they selected the best wind…
The search for the missing Dornier aircraft of Indian Coast Guard and its three crew members is being augmented with underwater search by naval submarine, reports All India Radio. After six days of efforts to trace the missing Coast Guard Dornier aircraft…
Egypt's new Suez Canal is expected to open in early August in a project President Abdel-Fattah el-Sissi sees as a potent symbol of national pride and to boost the country's battered economy, according to a report in Reuters. The president ordered the new waterway to be dug in a single year…
The Ghana Ports and Harbours Authority (GPHA) has received 1.5 billion dollars for the expansion of the Tema Port. The authority today signed a 35-year Concessionary Agreement with the Meridian Port Services (MPS) to boost expansion activities at the port…
China has approached Bangladesh to sign a deal on blue economy and maritime cooperation in the Bay of Bengal, days after Dhaka and New Delhi signed such an accord. Media reports quote an unnamed senior Foreign Ministry official saying that…
With increased awareness that strategic and security interests are converging given the geopolitical situation, India and Australia have agreed to hold their first ever bilateral naval exercise in this year and are planning to make the joint war game a regular feature in coming years…
Over 216 million cubic meters of water-saturated sand have been removed so far as part of the Suez Canal Development Project, said Head of the Suez Canal Authority Mohab Mamish. This represents about 84 percent of the total cubic meters that should be dredged as part of the project…
The dirty tanker market enjoyed a general improving sentiment in May for vessels in all reported classes on the back of high tonnage demand and increased activities. Clean tanker freight rates declined on average, mainly as freight rates reported on the West of Suez were weak…
The Sea Service Leadership Association (SSLA), a national nonprofit organization dedicated to the mentorship and development of military leaders, hosted a women's symposium June 11-12 in San Diego to discuss current issues for women in the military…
The Arctic Challenger, an oil spill containment barge, that had left Bellingham, north of Seattle, and was headed toward Dutch Harbor, in Unalaska, off mainland Alaska, reached port in Alaska on Wednesday, June 10, for a brief stop before…
All-women sailing crew Team SCA have recorded their first victory of the Volvo Ocean Race, clinching the eighth leg in the Bay of Biscay off the coasts of France and Spain. The Swedish boat, skippered by Briton Sam Davies, won the eighth and penultimate 647-mile stage…
Russia’s Northern Fleet has completed naval exercises in the Barents Sea, Defense Ministry’s head of the Northern Fleet’s press service said. The naval exercises included anti-ship, anti-submarine drills with torpedoes and depth charges…
China has strongly hit out at the G7 nations for blaming it for tensions in East and South China seas, warning that the country is ready to respond if its sovereign rights and territorial integrity are infringed. Beijing accused G7 members of bias…
Water will start rushing into the newly expanded Panama Canal on Thursday (local time) in one area that was widened, ahead of the waterway's April 2016 re-inauguration. The area around the new Agua Fria locks in Gatun, on the Atlantic coast…
