Chinese national Ge Songtao, the head of a Shanghai-based technology company, has pleaded guilty to charges of attempting to smuggle American maritime raiding craft and engine technology out of the country and transport it to China. According to prosecutors, Ge Songtao conspired with U.S. Navy officer...
There were a total of 170 ships broken in the third quarter of 2020. Of these, 65% or 110 ships were sold to the beaches of South Asia, according to the latest quarterly report released by the NGO...
The ongoing restructuring of the offshore drilling sector is continuing with Pacific Drilling becoming the latest company in the sector to announce it would use the courts to complete a reorganization of its business. Analysts believe that the sector will continue to undergo fundamental changes. For...
The technology group Wärtsilä has signed a Memorandum of Understanding (MoU) with UK-based Anemoi […] The post Wärtsilä, Anemoi Marine Technologies join forces on rotor sails solutions...
With the setting of the sun and the onset of polar darkness, the Arctic Ocean would normally be crusted with sea ice along the Siberian coast by now. But this year, the water is still open. I’ve watched the region’s transformations since the 1980s as an...
United Wind Logistics (UWL) has taken delivery of the second of the two deck […] The post Second MHI Vestas deck carrier en route to Europe appeared first on Offshore Energy. [[ This is a content summary only. Visit my website for full links, other content, and...
Ideol, a floating offshore wind startup based in France, has reached an agreement with Swedish manufacturer Bygging Uddeman (BYUM) for the serial production of floating concrete base structures for wind towers. BYUM is known for its moving gantry slipforming technology, which it invented in 1944. By...
Lloyd’s Register [LR] has launched a dedicated centre of excellence to accelerate decarbonisation of […] The post Lloyd’s Register launches Maritime Decarbonisation Hub appeared first on...
In its third quarter results released Friday, ExxonMobil announced losses of about $680 million, and it flagged a major risk for the long-term value of its US. onshore gas assets, which could face steep writedowns. The firm will be assessing about $25-30 billion in shale gas...
Avenir LNG said its recently delivered LBV Avenir Advantage has been delivered to its owner, Future Horizon. The post Avenir Advantage delivered to Future Horizon appeared first on Offshore Energy. [[ This is a content summary only. Visit my website for full links, other content, and...
