SeaBird Inks LoI for Two Source Vessels

SeaBird Exploration has received a letter of intent (LOI) for the provision of two source vessels for an ocean bottom node (OBN) project, says an article published in Offshore Energy. About the project SeaBird will utilize...

Coral-Sul FLNG Ready To Set Sail

Italian energy giant Eni held the naming and sail away ceremony of the Coral-Sul FLNG, the first floating LNG facility ever to be deployed in the deep waters of the African continent, reports RigZone. About...

Green Hydrogen Market Worth $1.423m By 2026

According to Facts and Factors, the green hydrogen market size and share revenue are expected to grow from $755 million in 2020 to reach $1,423.2 million by 2026. The average global price of...

Supply Chains, Shift From Paper To Digital Transaction

The Covid-19 pandemic is speeding up a technological transformation of global trade as supply chains. Ship operators and importers to accelerate their investments in technology to smooth out kinks, reduce delays and ultimately...

This Oil Company Invests On Biggest Growth Project

  Australia's biggest independent oil and gas firm said it had agreed to sell a 49% stake in a planned second processing unit, or 'train', at the Pluto LNG plant to private equity firm...

Capesize Rates Retreat On Concerns Around Health of the Chinese Economy

b The Baltic Exchange's dry bulk sea freight index on Tuesday declined to its lowest level since early June, reports Yahoo Finance. Baltic index dip The Baltic Exchange's dry bulk sea freight index on Tuesday declined to...

Scientists Warn About Delta “Grandchild”

The Delta variant of the SARS-CoV-2 virus now accounts for nearly all of the coronavirus infections globally, fuelled by the unchecked spread of the novel coronavirus in many parts of the world. So...

Faulty Fire Alarm Led To $6m in Damage

The 2019 loss of the superyacht Andiamo in Miami was caused by unattended candles, an inoperable fire alarm and too much firefighting water, according to a new report from NTSB.  Incident On December 18, 2019, the...

U.S. EPA Slaps Fine On 2 Commercial Ships

Today, the U.S. Environmental Protection Agency (EPA) has assessed penalties totaling $81,474 against two commercial ships over inspection, monitoring, and reporting violations in California and Louisiana. The MSC Aurora container ship and the Western Durban...

Causes for Price Gap Between High and Low Sulphur Fuel Oil

Menu The price gap between high and low sulphur fuel oil has widened to extremes. It has been not seen since around the introduction of the global sulphur cap in January 2020. A Spalsh247 news...