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News
Relief for Bangladesh as FSRU resumes gas supply after fire
2+ hour, 6+ min ago (259+ words) Gas supplies to Bangladesh’s national grid increased on Wednesday after a floating liquefied natural gas terminal operated by US-based Excelerate Energy partially resumed operations after a fire shut the facility for more than two weeks. The restart of one regasification…...
Out with wind, in with gas: RWE strikes $1.22b US energy deal cancelling offshore wind leases
2+ hour, 7+ min ago (505+ words) German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to cancel three offshore wind leases in US waters and to direct the funds to LNG and natural gas power plant projects....
COLUMN | Transporting hazardous cargo: are today's shippers taking on too much risk? [Grey Power]
12+ hour, 26+ min ago (277+ words) "Do we really have to carry this stuff?" The answer was in the affirmative, because the irresponsible outfit that packed the chemical was one of our biggest shippers and we could not afford to irritate this bad-tempered customer. It is…...
One dead following cargo handling accident at Port of Baltimore
13+ hour, 39+ min ago (157+ words) One person was killed as a result of a cargo handling accident at the Port of Baltimore in Maryland on Monday, August 3. The Maryland Transportation Authority (MDTA) Police said the accident occurred at around 09:00 local time on Monday when a…...
Iran and Oman map out Hormuz route, but safety guarantees remain off the table
1+ day, 3+ hour ago (211+ words) Iran and Oman have reached an understanding on the geographic coordinates for a shipping route through the Strait of Hormuz, and a joint announcement is being finalised, provided certain third parties did not interfere, Iran's Foreign Ministry spokesperson Esmaeil Baghaei…...
Thailand's Mermaid Maritime establishes US subsidiary to target offshore market
1+ day, 3+ hour ago (154+ words) Thailand-based Mermaid Maritime has established a wholly owned subsidiary in Delaware as part of its expansion into the US offshore energy market. The new entity will serve as an operational and contracting platform to pursue subsea and marine service opportunities…...
VIDEO | Iceland detains activist NGO vessel for disrupting whaling activities
1+ day, 11+ hour ago (275+ words) The Icelandic Coast Guard and local police have seized a vessel being operated by an environmental activist group that was attempting to disrupt whaling activities in Iceland's exclusive economic zone (EEZ). The interception took place on Friday, July 31, when personnel…...
Poland's Orlen launches $127m Gdansk marine terminal
1+ day, 10+ hour ago (244+ words) Energy company Orlen has opened a marine transshipment terminal at its Gdańsk refinery, enabling direct transfers of petroleum products between the refinery and tankers. The facility, which cost nearly PLN500 million ($127 million) to construct, was built primarily by Polish contractors. The…...
VESSEL REVIEW | Floating energy reservoir capable of power distribution using brine
1+ day, 12+ hour ago (365+ words) Milan-based technology company Sizable Energy has completed the installation of a new energy storage tank prototype in the Mediterranean Sea off southwestern Italy. Logistics company Geodis, which provided logistical support for the storage tank's installation, said the technology that went…...
China unexpectedly eases refined fuel export limits in August
1+ day, 10+ hour ago (398+ words) China has further relaxed limits on refined fuel exports for a second month in August, five industry sources said on Wednesday, an unexpected move that facilitates the return of flows to pre-war levels. Beijing on Tuesday granted refiners temporary approval…...