Water ingress has been reported on an ageing FSO off Venezuela which is carrying 173,000 tons of oil onboard. Eudis Girot, who heads...

UK firm InfraStrata has paid $9.2m to buy Appledore Shipyard. Appledore Shipyard a niche shipbuilder churning out ships for more than 150 years. ...

Equinor has successfully sent a drone carrying a 3D-printed cargo to an offshore production platform. The drone carried a 3D-printed part for the...

Global stimulus measures underpin prices even as demand struggles post-COVID-19. Brent crude futures for November were unchanged at $45.81 per barrel. U.S. West...

Three existing floating facilities utilized to house foreign workers converted into a self-contained centre. These centres will house seafarers in between their ship...

Recent oil spill disasters in Mauritius and the Arctic has shown the necessity of better oil spill cleaning technology. The oil industry isn't...

India has set a record for the world's highest single-day increase in coronavirus cases, reports BBC. The nation, the world's third-most infected, on Sunday...

8 months into the pandemic more than 25 million cases of the disease have been reported forcing WHO to underline certain actions. 90%...

The Baltic Briefing has released a report about the dry bulk market for the 35th week of shipping activities of this year. The report...

Investment bank HSBC  arrested two product tankers owned by Singapore-registered Somerset Maritime over cargo claims totalling $6m, reports 247CustomsBrokerNews.  Reason for seizure Two product tankers owned...