The first two vessels in the Sleipner concept – Way Forward and Future Way – have, after just over a year in operation, demonstrated high performance, low fuel consumption and CII values far below current requirement levels. This means they…
Two Wallenius Vessels Achieve Top Rating for Energy Efficiency Read More »
Oil prices climbed about 3% to a five-month high on Thursday on rising concerns that global supplies could be disrupted if the U.S. decides to attack Iran, one of the biggest crude producers in OPEC.Brent futures rose $2.10, or 3.1%, to $70.50 a barrel…
Oil Prices Surge 3% on Worries of US Action Against Iran Read More »
Royal Caribbean forecast annual profit above Wall Street estimates on Thursday, supported by strong demand from affluent travelers and a solid start to a key booking season.Shares of Royal Caribbean jumped about 16% in early trading, as the…
Royal Caribbean Raises Annual Profit Forecast on Strong Demand Read More »
The U.S. Navy has sent an additional warship to the Middle East, a U.S. official told Reuters on Thursday, amid a large military buildup in the region and soaring tensions.The official, who was speaking on the condition of anonymity, said the USS Delbe…
U.S. Sends Additional Warship to Middle East Amidst Iran Tensions Read More »
French Finance Minister Roland Lescure called a draft law proposing to allow offshore oil and gas exploration in its overseas territories “anachronistic” during a debate in the country’s Senate on Thursday.In a world first, France banned new oil and ga…
France Calls Draft Law on Oil Exploration in Overseas Territories Read More »