SEACOR Holdings Acquires U.S. Shipping Corp
SEACOR Holdings completed its acquisition of the U.S. Shipping Corp (“USSC”).
USSC is a privately owned, leading provider of long-haul marine transportation for chemical and petroleum cargoes in the U.S. coastwise trade.
SEACOR Holdings...
Yara, Aker & Statkraft Launch Green Ammonia Joint Venture
Aker, Yara and Statkraft have established HEGRA with the ambition of creating new industry in Norway.
Green ammonia, produced using renewable energy, would enable the production of carbon-free fertilizer, and is a promising...
Is The Oil Market Broken When The World is in Need of Oil?
are the supply and demand fundamentals that have governed oil markets for decades coming unstuck?
investors' growing climate concerns are keeping a lid on production growth at oil companies that are answerable to shareholders
While the...
Commodity Tracker: 5 Charts To Watch This Week
High global gas and LNG prices are impacting the power mix in countries as far apart as Germany and Bangladesh. Plus, Middle East-China tanker freight rates, US gas prices and Asian refining, reports Platts.
1....
Oil Tankers Detained for Entry Violations
The Malaysian authorities have arrested two tankers for being in East Johor waters without permission.
A total of four oil tankers have been arrested by MMEA in the week ended 15 August.
The Johor...
Additional Vaccine Dose For People With Compromised Immune Systems
The US Food and Drug Administration on Thursday authorized an additional vaccine dose to be administered to people with compromised immune systems, who may not have an adequate immune response to the vaccine, reports...
The World’s Oldest Intact Ship On Display
Egypt shifted the 4,600 years old Pharaoh's ship to an additional museum outside Cairo to preserve and display the world's oldest intact ship, says Maritime Executive.
Antique legacy
The government moved the King Khufu Solar Boat...
The Summer Doldrums Are Here for Oil Supertankers
Middle East to Asia freight rates slipped to their lowest levels since March.
Delta variant spread clouded the outlook for demand in Asia, the main market for Middle Eastern crude.
Ships are traveling...
Foreign Flagged Ships Detained in the UK During July 2021
The Maritime and Coastguard Agency (MCA) announced that four foreign flagged ships remained under detention in UK ports during July 2021 after failing port state control (PSC) inspection.
Three new detentions
During July, there were three...
[Watch] The Hovercraft That Kept On Going
Princess Anne and Princess Margaret's skirts deflated for the last time on October 1, 2000, when the SR.N4 hovercraft shuttled holidaymakers and booze cruisers between the UK and France, reports CNN.
They were expected to...