A group of Greek companies composed of Skaramangas Shipyards, Qualco Group and Olympic Marine have signed a memorandum of understanding to research, develop, produce and demonstrate a multi-purpose unmanned autonomous surface vessel.The agreement covers the development of a dual-use autonomous…
An explosion at a shipyard in the southeastern Chinese province of Fujian on Thursday killed one fire and rescue worker, local authorities said.A fire broke out at 13:09 local time (05:09 GMT) in the Huahai shipyard in the city of…
Saudi crude exports from the Red Sea are increasingly vanishing from view as tankers switch off tracking signals to avoid attacks by Yemen's Iran-aligned Houthis, with analysts saying all recent Yanbu loadings have been conducted "dark".
Argentine oil company YPF expects to begin exporting 180,000 barrels of oil per day through a port in Rio Negro province from January as part of the VMOS project, Chief Executive Horacio Marin said on Wednesday."We will start exporting in…
President Vladimir Putin said on Wednesday that Russia will respond in kind if European countries start to seize Russian merchant vessels and the commander of Russia's Pacific Fleet said his forces were ready to, "inspect and detain," foreign vessels from…
Dubai-based GMS has won US Government approval to scrap two sanctions-hit oil tankers it acquired, months after securing agreements to recycle four sanctions-hit container ships, the ship recycler told Reuters.The use of so-called shadow fleet tankers has surged in recent…
