Russia may be forced to reduce its oil production in the coming months as U.S. sanctions restrict access to tankers needed for exports to Asia, while Ukrainian drone attacks continue to damage
NTSB determines cause of Bonnie G grounding
The National Transportation Safety Board has released its report into the October 4, 2023, grounding of the former OSV Bonnie G, half a mile south of the Cyril E. King airport in
Wärtsilä and Elomatic Sing Licensing Deal for Transverse Thruster Grid Tech
Technology group Wärtsilä and international consulting and engineering company Elomatic have signed a licensing and cooperation agreement covering the intellectual property rights, technology, and use of trademark of Elomatic’s Elogrid thruster…
Colonial Oil Industries christens new tug and barge
Colonial Oil Industries Inc. recently christened its newest tug and barge in a Savannah, Ga., ceremony held at sister company Colonial Terminals on the Savannah River. The new tug, Soaring Eagle, built
Türkiye’s Sanmar Shipyards Delivers Tug to Local Operator
Sanmar Shipyards has built and delivered one of its best-selling Boğaçay Class tugboats for fellow Turkish tug operator Marin Tug.The two companies have been collaborating for almost two decades, starting in 2006
TotalEnergies Signs LNG Supply Deal with India’s GSPC
TotalEnergies and the Gujarat State Petroleum Corporation Limited (GSPC), a state-owned oil and gas company, announced the signing of a long-term Sale and Purchase Agreement (SPA) for a term of ten years
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