The founder and director of Singapore oil-trading company Hin Leong Trading Pte Ltd (HLT) directed the firm not to disclose hundreds of millions of dollars in losses over several years, he said in a court filing reviewed by Reuters.The affidavit signed…
Head of Oil Trader Hin Leong Didn’t Disclose $800 Mln Losses Read More »
Veecraft Marine, subsidiary of Paramount Maritime, said it has been awarded a tender from Transnet National Ports Authority (TNPA) to design and build two twin-screw, diesel powered workboats to spearhead harbor activities, including conventional escor…
Veecraft Marine to Build Tug Pair for TNPA Read More »
Dominion Energy and Ørsted have said that the turbine components and monopiles for the Coastal Virginia Offshore Wind (CVOW) pilot project have started their journey to North America. The foundations, consisting of the turbines’ monopiles, transition p…
Coastal Virginia Offshore Wind Turbine Components En Route to U.S. Read More »
The promise of a vibrant U.S. offshore wind business has been long in the making. While questions remain on timing and pace, there is renewed confidence in the offshore wind sector, particularly in the northeast United States (global pandemic notwithst…
Reinauer Group Ramps Up for the Business of Offshore Wind Read More »
Pirates attacked a Portugal-flagged ship and kidnapped its Bulgarian captain and seven sailors off the coast of Benin, Bulgaria’s foreign ministry said on Tuesday.A ministry statement said the pirates who boarded the Tommi Ritscher container…
Pirates Release 11 Crew, Hold 7 Hostage off Benin Read More »