Energy News Beat AsiaGas MOL / Samsung Heavy Industries Japanese shipowner Mitsui OSK Lines (MOL) has revealed the charterer behind its recent shipbuilding deal for very large ethane carriers (VLECs) in South Korea. The Tokyo-based company ordered three 100,000 cu m vessels at Samsung Heavy Industries in late December at around $168m each for delivery […]
Energy News Beat EuropeTankers MarineTraffic / Nikoloz Mishveliani A laden Russian-flagged tanker has broken down in the stormy Bay of Biscay off France. The Unity, a 16-year-old aframax, departed Primorsk on January 16 with Russian oil bound for Mangalore in India. The ship ran into difficulties overnight off the west coast of France. It has […]
Energy News Beat Middle EastOperations President.ir The United Kingdom Maritime Trade Operations (UKMTO) is reporting a suspicious approach to a merchant ship in the Persian Gulf near Iran. The master of the unidentified vessel reported his ship was approached by a small military craft and it has been flashing a green laser light towards the […]
Energy News Beat T7 Global Malaysian offshore services player Tanjung Offshore, part of T7 Global, has won a contract with oil and gas player Hess for the provision of pan-Malaysian offshore maintenance, construction, modification and hook-up commissioning services. According to T7’s Bursa Malaysia filing, the contract was for the B3 Package but no financial details […]
Energy News Beat AsiaDry Cargo Great Eastern Shipping Indian owner Great Eastern Shipping is offloading another of its ageing vessels as part of the company’s fleet renewal initiative. The Mumbai-listed diversified owner has reportedly struck a deal with an undisclosed Chinese buyer for its 2011-built supramax bulk carrier Jag Rishi. The deal for the 56,700 […]
Energy News Beat San Marino, Guyana, Sierra Leone, Comoro Islands, Guinea Bissau and most notably Guinea are the flag states that stand out for their extraordinary fleet growth in the latest data compiled in Clarksons Research’s World Fleet Monitor, statistics that highlight the whack-a-mole game authorities in the West are having to fight in their […]
Energy News Beat Terna Energy French-based offshore wind developer Oxan Energy has been revealed as the winner of the first Estonian floating offshore wind tender. The company and its partner SNOW, a financial advisor specialising in renewable power generation, will develop the Saare 1 project with a potential capacity of 900MW and up to 60 […]
Energy News Beat OSM Thome Shipmanager OSM Thome has launched EVIGO, a green services division which will be headed by Pia Meling, who currently works with Grieg Green. EVIGO offers end-to-end solutions designed to help customers achieve compliance with evolving environmental regulations while advancing their sustainability goals and staying competitive. “I am thrilled to lead […]
Energy News Beat Seanergy Maritime China’s remarkable thirst for bauxite to manufacture aluminium has helped prop up cape rates considerably in recent years. Now for the first time, the capesize fleet in carrying more bauxite than coal, according to broker Arrow. “Volumes from Guinea have surged at the start of the year, whilst panamaxes have […]
Energy News Beat AsiaTankers Asahi Tanker GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers ranging from 10,000 to 15,000 dwt. ACTA is headquartered in Singapore, with an additional office in Tokyo. Initially, the joint venture will manage four chemical […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
