Grimaldi delivers ammonia-ready PCTC Grande Manila

Iran Seizes Foreign Tanker Over Alleged Fuel Smuggling

Iran has seized a foreign oil tanker near the Iranian island of Qeshm in the Gulf, saying it was carrying 4 million litres of smuggled fuel, state media reported on Friday.Authorities did

Read more: %s

US Orders Military to Enforce ‘Quarantine’ of Venezuelan Oil

The White House has ordered U.S. military forces to focus almost exclusively on enforcing a "quarantine" of Venezuelan oil for at least the next two months, a U.S. official told Reuters, indicating

Read more: %s

Phoenix Assists US Navy with Aircraft Recovery in the South China Sea

Phoenix's International (Phoenix) recently assisted the Naval Sea System Command (NAVSEA) Supervisor of Salvage and Diving (SUPSALV) with the successful recovery of an MH-60R helicopter and an F/A-18F Super Hornet fighter aircraft.

Read more: %s

MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

Mitsui O.S.K. Lines (MOL) has secured an approval in principle (AiP) from ClassNK for the basic design of specialized vessels to joint and bury subsea power cables.MOL is working with Sumitomo Electric

Read more: %s

Eidesvik Offshore Secures Work for Viking Princess PSV

Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for its Viking Princess platform supply vessel (PSV).The contract has been signed with operators DNO Norge, Sval Energi, which is another DNO

Read more: %s

BP Sells Majority Stake in Castrol to Stonepeak for $6B

BP has agreed to sell a 65% stake in its Castrol lubricants business to infrastructure investor Stonepeak at an enterprise value of about $10 billion, as the energy major presses ahead with

Read more: %s

Venezuela Turns to Floating Oil Storage as Onshore Tanks Fill

Venezuela's state-run oil company PDVSA has started filling tankers with crude and fuel oil and keeping them in Venezuelan waters, as inventories have mounted due to the U.S. seizing Venezuela-linked ships at sea, according to company documents and shipping data.This month,

Read more: %s

Venezuela Passes Law Against Piracy, Blockades Amidst US Tanker Seizures

Venezuela's ruling-party controlled National Assembly unanimously approved a law on Tuesday that allows prison sentences of up to 20 years for anyone who promotes or finances what it describes as piracy or

Read more: %s

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Two vessels from CMA CGM, the world's third-largest container shipping line, have travelled through the Suez Canal, the authority that runs the waterway said on Tuesday, in a sign the disruptions linked to the