Business

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 […]

New research USV delivered to Russia’s Northern Arctic Federal University

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 […]

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 […]

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 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, […]

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. […]

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 […]

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 […]

EU lawmakers approved changes to the European Union asylum system on Tuesday, paving the way for fast-track asylum rejections and the possible transfer of “asylum seekers” to designated countries. The move underlines the rise in anti-immigration sentiment across the European Union over the past decade that has broadened popular support for conservative parties. The text, […]