Saudi Aramco is offering crude oil outside the Strait of Hormuz to some Asian refiners through private negotiations, two sources with knowledge of the matter said on Monday, in a strategy similar to that adopted by United Arab Emirates’ Abu Dhabi Natio…
Saudi Aramco Offers Crude Outside Hormuz Read More »
Lone Star Funds has announced that an affiliate of Lone Star Fund XI, L.P. has completed the sale of Vigor Marine Group to Antin Infrastructure Partners.Based in Portland, Oregon, Vigor Marine Group operates shipyard and fabrication facilities across f…
Lone Star Funds Sells Vigor Marine Group Read More »
Limited recycling supply could get a brief respite in the coming weeks from a weakening second-hand interest in older vessels and softer demand for steam turbine LNG ships. Both of these factors will encourage these ships being sent for end-of-life dis…
Older Bulkers and LNG Carriers Could Provide Short-Term Relief for Ship Recyclers Read More »
Deployable Energy has signed a Memorandum of Understanding with Hornbeck Offshore to transform five strategic maritime and offshore markets through the utilization of Deployable Energy’s Unity Nuclear Battery. Hornbeck Offshore has also made…
Deployable Energy and Hornbeck Offshore Partner to Advance Nuclear Power Read More »
Signatory States of the Djibouti Code of Conduct/Jeddah Amendment have agreed to set up a Combined DCoC Task Force to protect shipping from the resurgence of piracy in the Western Indian Ocean and Gulf of Aden.The task force will provide a practical…
DCOC States Agree on Combined Anti-Piracy Task Force Read More »