Iran Plays for Time, But U.S. Response Options Are Ready
Iran has a standard playbook when dealing with a foreign policy crisis, a playbook that used to work well until its adversaries figured it out. The playbook involves portraying the political leadership in Tehran as split between hardliners adopting a maximalist, no-concession position and ‘reformists’ who say that they are in favor of negotiations and […]
High Surf Delays Response to San Juan Barge Grounding
Rough surface conditions are delaying the salvage response to the grounding of a tank barge at the entrance to San Juan’s harbor, Puerto Rico’s governor told local media on Tuesday. On Monday, the fuel barge Defiant grounded on the headland at the port’s harbor entrance, just below Castillo San Felipe del Morro (better known as […]
USCG “Strongly Recommends” Safety Steps for Vessels During Cargo Ops
The U.S. Coast Guard issued a Marine Safety Alert for vessels alongside during cargo operations based on recent incidents with containers going overboard. While the investigations are ongoing into the incidents, USCG says, based on its findings of no established policies or planning and ad-hoc communications, it issued the alert with its strong recommendations. In […]
Construction begins on new dual-fuel containership for PIL
China State Shipbuilding Corporation subsidiary Hudong-Zhonghua Shipbuilding has begun construction of a new dual-fuel container vessel ordered by Singapore-based shipping company Pacific International Lines (PIL). The ship will be the second unit in a new series of 9,000TEU vessels ordered by PIL. The completed ship will have an LOA of approximately 274 metres, a beam […]
Chinese authorities publish warning following confined space death
Lastly, companies must strengthen shore-based support, improve crew safety skills, carry out pre-job and on-the-job practical training for crew on the core capabilities required in confined space operations, and ensure that crewmembers are proficient in the inspection and use of safety equipment. Companies also need to carry out regular operational drills, clarify operational prohibitions and […]
Oil prices flat as markets await geopolitical and economic news
Oil prices were little changed on Tuesday as the market waited for direction from news on diplomatic relations between the US and Iran, efforts to end Russia’s war in Ukraine and data on the US economy and US oil inventories. Brent futures fell 24 cents, or 0.3 per cent, to settle at $68.80 a barrel, […]
Slow March sales keep Urals stable, CPC Blend discount deepens
Urals crude differentials remained stable on Tuesday in muted trade as March cargoes sales were slow to start, while discounts for CPC Blend dropped to the widest level in three years to dated Brent, traders said. Several February-loading CPC Blend cargoes were sold at around dated Brent minus $5 a barrel last week, they added. […]
America’s Offshore Fleet Is a National Security Asset
The U.S. vessels that construct and support offshore energy are technological triumphs. These vessels are built for long-duration operations, crane operations, and modular mission profiles. Many combine satellites, lasers, and environmental sensors to automatically hold position within a matter of feet. Some of these vessels have cranes that can install hundreds of tons of equipment thousands […]
Expanded US licences may restore Venezuelan oil production by mid‑2026
Washington also issued an expanded general licence late last month, allowing more companies to transport and sell Venezuelan oil. The move should ease production shut-ins and enable output to return to pre-blockade activity by the end of the second quarter this year, the EIA said. Global oil production growth is meanwhile expected to outpace demand […]