Two years after Germany rushed to launch its first onshore LNG import terminals, the operators are struggling to gain the upper hand in the market as they move from temporary operations toward the future energy markets. The operator of the first terminal opened at...
Transnet National Ports Authority, the government operator of South Africa’s ports, celebrated the commissioning of five new tugboats for the port of Durban on Thursday, August 15. The vessels, along with two launches received last week, are part of the renewal plan...
The U.S. Coast Guard’s polar icebreaker Healy returned to Seattle prematurely on August 16, approximately two months into her 2024 mission after having suffered a fire. The Coast Guard’s statement is downplaying the incident saying that no one was injured, and...
Indonesia has urged that conventional bunker vessels be allowed to carry up to B30 biofuel blends in its proposal to the IMO ahead of the 82nd Marine Environment Protection Committee (MEPC 82) meeting next month, according to ENGINE. The country claims that this...
Container shipping costs from South Korea to the U.S. east coast and Europe increased for the third consecutive month in July amid prolonged geopolitical risks in the Red Sea, data showed Friday, according to Yonhap. The average shipping cost for a 40-foot container...
Valeura Energy Inc. announced first oil production from its Nong Yao C development, in Licence G11/48 (90% operated working interest), offshore Gulf of Thailand, according to the company’s release. The first three of the seven Nong Yao C development wells were...