Offshore Energy Today reported last week that an offshore worker had died after a heavy wave hit the COSL Innovator drilling rig offshore Norway. The worker has now been identified by his union, Industri Energi.
Rune Morten Narv&ar...
The long-awaited Panama Canal expansion project has now been given a new deadline for May 2016 after major delays and expensive overruns, according to Panama’s President Juan Carlos Varela.
During his address to the natio...
As the 2016 dawns upon us, the shipping industry should brace itself for yet another challenging year, according to BIMCO, as hope for a bounce-back in 2016 fades away.
Despite this, the International Monetary Fund has forecast higher GDP gro...
Natural gas has started to flow from Ireland’s Corrib gas field, marking an important milestone for the country.
Located 83 km off Ireland’s northwest coast in water depths of almost 350 m, the Corrib gas field lies approximately 3,000...
Hong Kong-listed Brightoil Shipping has decided to purchase ten bunker tankers from Shenzhen Brightoil Shipping for a total cash consideration of USD 84 million.
The vessels will be built by Rizhao Kingda or such other qualifie...
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