At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD, dubbed “Maggie” by BP, the dangerous ins…
In U.S. Gulf, Robots, Drones take on Dangerous Offshore Oil Work Read More »
Kirby Corporation has announced the signing of an agreement to acquire Targa Resources Corp’s inland marine tank barge business for approximately $69.3 million in cash. The purchase will be financed through additional borrowings. Targa’s inland…
Kirby Acquires Targa’s Inland Tank Barge Fleet Read More »
Nordic American Tankers has decided to sell two ships, thus reducing its fleet size to 31 tanker vessels.
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Nordic American Tankers to Offload Tanker Pair Read More »
Currency headwinds hurt Hyundai Heavy, but hope remains as environmental deadlines promise order uptick
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Zodiac extends neo-panamax order at HHI to nine vessels Read More »
Ardmore Shipping agreed a refinancing deal related to two of its 2013-built Eco-design MR product tankers.
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Ardmore Shipping Agrees Refinancing for MR Tanker Duo Read More »