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Maersk Drilling takes delivery of jack-up

Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. The rig is the fourth and final rig in a series of four ultra-harsh environment jack-up...

09/01/2017 Read

Greek shipowners retain top spot in 2016

Greece has remained the top shipowning nation in 2016, according to shipping analyst VesselsValue. However, they have lost around 12 percent of their fleet value, and the Japanese come ever closer to stealing the lead, with the value of the Japanese...

09/01/2017 Read

Update: Fire on Gulf of Mexico platform extinguished

The fire that broke out early Thursday morning on an offshore oil platform in the U.S. Gulf of Mexico has been extinguished. To remind, the U.S. Coast Guard had earlier on Thursday informed there was a platform burning near Grand Isle, o...

06/01/2017 Read

EIA: LNG to dominate U.S. gas exports by early 2020s

Liquefied natural gas (LNG) is expected to dominate U.S. natural gas exports by the early-2020s as the nation is on its way to becoming one of the world’s leading producers of the chilled fuel, according to the Energy Information Administr...

06/01/2017 Read

Euronav secures loan for VLCC refinancing

Belgian tanker owner and operator Euronav NV has signed a new USD 410 million senior secured amortizing revolving credit facility, which was made available in mid-December to refinance 11 vessels. The new loan, also used for general corporate...

06/01/2017 Read

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