Equinor and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the North Sea.The discovery is currently estimated to contain 15-35 million barrels of recoverable oil equivalent.“We are very pleased to announce…
New Oil Discovered in the North Sea Read More »
As the shipping industry continues its push to reduce emissions to air, classification society DNV GL announced a new class notation for exhaust gas cleaning systems (EGCS). The new notation, emissions reduction (ER), will cover not only scrubbers for …
DNV GL Unveils New Emissions Reduction Notation Read More »
Seastreak’s newest vessel, Seastreak Commodore, has been developed in response to significant passenger volume growth and brings the operator’s fleet of Incat Crowther-designed vessels to a total of eight.The 45m-long, 600-passenger ferry built…
New Ferry Seastreak Commodore Delivered Read More »
China maintained solid export growth of 12.6 percent in May, slightly slower than in April, but still providing good news for Beijing’s policymakers as they deal with tough trade negotiations with Washington.Imports also rose more than anticipated in M…
China’s Export Growth Steady, Import Growth Faster Read More »
Former senior Goldman Sachs and HSBC banker Matthew Westerman is launching a private investment firm alongside a former colleague and a Greek shipping tycoon, he said on Friday.Westerman will partner his former Goldman Sachs colleague Julian Metherell …
Shipping Tycoon Livanos Tied to New Investment Firm Read More »