EU Releases Roadmap for Ending its Dependency on Russian Energy

The EU will end its dependency on Russian energy by stopping the import of Russian gas and oil and phasing out Russian nuclear energy, while ensuring stable energy supplies and prices across

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

HD Hyundai and A.P. Moller - Maersk have signed an Memorandum of Understanding (MoU) to establish a collaboration on decarbonization solutions for vessels, while HD Hyundai plans to expand the use of

Beacon Offshore Energy Expects First Oil From Shenandoah System in June

U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a company executive said on Tuesday.The floating production unit, which is expected to produce 120,000

Exxon Consortium Produced 668,000 bpd in Guyanese Oil Last Week

A consortium led by Exxon Mobil that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South

Survitec Expands Fujairah Service Station to Better Serve Middle East Operations

Survitec, a global leader in Survival Technology, has announced an expansion of its Fujairah service station.The move, which adds 1,350 square meters of new capacity, transforms the UAE-based facility into a full-service

Ambrey: RSF Launched Drone Attack on Port Sudan's Container Terminal

British maritime security firm Ambrey reported on Tuesday that the paramilitary Rapid Support Forces (RSF) had launched a drone attack on facilities at Port Sudan, targeting the container terminal and escalating a two-year-long conflict.Ambrey…

Expeditors Beats Q1 Profit Estimates, Demand Driven by Tariff Anticipation

Global freight forwarder Expeditors International of Washington reported first-quarter earnings above Wall Street estimates on Tuesday, driven by companies pulling forward goods in anticipation of price hikes from President Donald Trump's tariffs.

Huisman Books Two-Crane Order for Sea1 Offshore’s Vessels

Crane specialist Huisman has secured another contract for the delivery of Knuckle Boom Cranes, which will be installed on Sea1 Offshore’s new offshore energy support vessels.The two 250 mt Knuckle Boom Cranes

ABS, Akselos Deepen FPSO Digital Twin Tech Collaboration

American Bureau of Shipping (ABS) and Akselos have completed the technical assessment for structural digital twin technology, marking an advancement in the application of the solution for Floating Production Storage and Offloading