Shareholders in Norway’s largest company, Statoil, will approve on Tuesday the board’s proposal to drop “oil” from its name as its seeks to diversify its business and attract young talent concerned about fossil fuels’ impact on climate change.From Wedn…
Statoil to Become Equinor, Dropping ‘Oil’ Read More »
Louisiana-based inland workboat operator Alexis Marine has awarded a supply contract to Thordon Bearings for the retrofitting of 6in diameter RiverTough bearings to MV Kristin Alexis, the 60ft twin-screw towboat built by Bollinger Shipyard in…
Alexis Marine To Retrofit Rivertough to Salt Lugger Read More »
Alabama shipbuilder Master Marine has delivered Sam P. Hise, the third towboat in a series of four newbuilds for Illinois-based inland operator Waterfront Services Co.The 67’ x 28’ boat is set up with 10,400 gallons of fuel, 4,359 gallons of potable wa…
Master Marine Delivers Towboat to Waterfront Services Read More »
Danish oil product tanker operator Torm on Tuesday said it has stopped taking new orders in Iran as a consequence of U.S. plans to reimpose sanctions on Tehran.”We follow the situation closely and always follow the rules. Therefore, we have also stoppe…
Torm Stops Taking Orders in Iran Due to US Sanctions Read More »
Angola’s sole liquefied natural gas (LNG) project is stepping up exports of cargoes in the spot market ahead of maintenance, three industry sources said on Tuesday.The plant has issued several tenders in the spot market for LNG cargoes to load in May a…
Angola LNG Ramps Up Exports ahead of Maintenance Read More »