Oil extended declines on Wednesday as investors digested statements from President Donald Trump that the U.S. had reached a deal to import up to $2 billion worth of Venezuelan crude, a move that would lift supplies to the world’s largest oil consumer.B…
Oil Edges Lower as US Reaches Import Deal with Venezuela Read More »
The quest to rebuild the U.S. iceabreaking fleet continues to move at lightening speed, with Seaspan Shipyards (Seaspan) signing agreements with Bollinger Shipyards (Bollinger) and Rauma Marine Constructions Oy (Rauma) to provide its Multi-Purpose…
U.S. Icebreaker Build Plan Moves Forward at Warp Speed Read More »
The U.S. seized a Russian-flagged oil tanker that was being shadowed by a Russian submarine on Wednesday, after pursuing it for more than two weeks across the Atlantic as part of Washington’s efforts to block Venezuelan oil exports, U.S. officials…
US Seizes Russian-Flagged Oil Tanker After Two-Week Pursuit Read More »
To ensure that maritime infrastructure no longer has to be repaired exclusively by professional industrial divers, a research consortium led by the German Research Center for Artificial Intelligence (DFKI) has developed an underwater welding robot.
Consortium Presents AI-Supported Underwater Welding Robot for Maritime Maintenance Read More »
The U.S. Coast Guard recently conducted a marine casualty investigation into an uncontrolled release of isobutane from a 2-inch cargo tank pipe aboard a pressure barge certificated to carry flammable cargoes. The direct cause of the incident…
Incorrect Alloy for Valve Mounting Studs Presents Failure Hazard Read More »