Oil company Taylor Energy Co LLC agreed to transfer a $432 million cleanup trust account to the U.S. government and pay an additional $43 million to resolve a lawsuit over its role in the longest-running oil spill in U.S. history under a proposed…
Taylor Energy, U.S. Feds Reach $475M Settlement in Longest-running Offshore Oil Spill Read More »
Japanese shipbuilder Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI) Group, has scored an order for the FGSS (fuel gas supply system) of six new LNG-fueled car carriers.
The post Mitsubishi Heavy to supply LNG fuel equipment for 6 ne…
Mitsubishi Heavy to supply LNG fuel equipment for 6 new ships Read More »
Covid disruption has nearly tripled global shipping industry profits in two years, and reset benchmarks for many companies
Chaos pays: 2021 proves again shipping profits from disruption Read More »
Ports America, North America’s largest marine terminal operator, has revealed plans to enrol its terminals as participants of Green Marine, a voluntary environmental certification program for the maritime industry.
The post Ports America targets Green …
Ports America targets Green Marine certification for its ops Read More »
Has there ever been a more unconventional year in dry bulk as 2021?
Dry bulk in 2021: bulker owners are laughing all the way to the bank Read More »