Trading & Markets Three letters in an oil contract decide who pays for the voyage, who insures the cargo, and who carries the loss if it is spilled or stolen. FOB, CIF, and DES are the ones the trade leans on, and each hides a trap that has cost buyers and sellers real money. By … Read more
Flying a drone along a hundred kilometres of pipeline, or out to an offshore platform, means flying it where the pilot cannot see it. That single step, beyond visual line of sight, is where casual drone work ends and a formal safety case begins. Here is what regulators, including Malaysia’s, actually require.
A shipyard can lose a contract before the first weld if its welders cannot prove their qualifications on paper. The welder qualification test looks simple, weld a coupon, test it, but it fails people constantly, and an expired certificate voids a sound weld just as surely as a bad one.
Methane is invisible, worth money, and a powerful greenhouse gas. Regulators and buyers no longer accept an estimate of how much is leaking. They want it measured, at the source, and verifiable, and drones are becoming the tool that makes that possible.
Two of the most dangerous jobs in the industry are climbing a flare stack and entering a storage tank. A drone can now do the first look on both without a single person leaving the ground, and increasingly the classification societies accept the result.
ASEAN has no mutual recognition for seafarers. Moving offshore crew into Malaysia runs through flag endorsements, work passes and PETRONAS licensing.
