Hess Deepens Spending Cuts and Lowers Budget By 37% Due To...
Hess reduced its budget to $1.9 billion, down 37% from the company's original $3 billion budget.
Net Bakken production to average 175,000 barrels...
The New Coronavirus Spreads Swiftly in Late 2019 Before Being Detected!
A genetic study of samples from more than 7,500 people infected with COVID-19 was conducted by Scientists at University College London’s Genetics Institute.
...
Crew Abducted from Cargo Ship
Cargo ship Rio Mitong was attacked by pirates off Malabo, Equatorial Guinea and two crew members were kidnapped, reports Splash247.
About the incident
The 1993-built 8,900...
[Watch] Series of Explosions and Major Fire at Shipyard!
Explosions were reported on Aframax crude oil tanker in the morning May 11, followed by major fire with black smoke, reports Maritime Bulletin.
What happened?
Several...
Shipping Companies on The Brink of Collapse Due To COVID-19
Container shipping companies are on the brink of collapse due to COVID-19 restrictions.
Liners are cutting costs to counter the missing volume and...
COVID-19: LNG May Face Same Fate as The Oil Industry
Rystad Energy reported that oil has been negatively impacted when compared to other fuels.
Oil prices plunged to historical lows and storage filling...
Seafarers Forced To Offload Cargo by Owners Amid COVID-19 Scare
10 seafarers of the vessel MV Tomini Destiny allege harassment from owners.
They were forced to offload cargo at Chittagong, Bangladesh by the...
Containers Using Cape of Good Hope Route Cost Suez Canal $10m
An increasing number of container lines are routing vessels via the Cape of Good Hope.
This move will cause the Suez Canal Authority...
IMSA Unveils ARMS Platform To Enhance Operations Amid COVID-19
IMSA has launched the Automated Risk Management Solution (ARMS) software platform.
It provides updates under real-time circumstances concerning COVID-19.
The data is coupled with location-specific risk...
Cargo Pump Malfunction Leads To Third Degree Burns!
The UK P&I Club has issued a guideline named "Risk Focus: Burns" which highlights the danger burn injuries experienced by crew members, the required...