Worsening Houthi threat sparks Red Sea insurance shake-up
Notice prepares ground for more costly war risk cover for charterers and shipowners on fixed premium P&I policies
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Sable eyes September restart for third oil platform in California waters
Sable Offshore, a Texas-headquartered oil and gas company, is set to resume oil production at its third platform off the California coast next month, marking the latest step in the company’s phased effort to bring its offshore operations back online.
T…
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Leonhardt & Blumberg Installs Econowind VentoFoils on Cargo Newbuild
German shipowner Leonhardt & Blumberg has equipped HANSA DREJOE with Econowind VentoFoils. The vessel is the first of four general cargo newbuilds to receive wind propulsion technology. The first installation was completed on HANSA DREJOE at Royal Nies…
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MSC, Jotun Sign Hull Cleaning Agreement
Mediterranean Shipping Company (MSC) and Jotun have entered into an agreement for the installation and operation of Jotun’s Hull Skating Solutions (HSS) onboard MSC Daniela.The agreement includes the full HSS package, combining Jotun’s SeaQuantum…
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81m Acres Opened in Gulf of America Lease Sale
The Trump administration will offer more than 81 million acres (32.8 million hectares) in the Gulf of America to oil and gas drillers as part of an effort to boost domestic energy production with regular offshore lease sales.The sale is the…
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