APM Terminals North America organized local events with employees and labor partners worldwide to bring attention to the importance of Safety in operations with the 2021 theme “Leading with Care” as part of the annual Global Safety Day observance on September 8, 2021. Globally, APM Terminals CEO...
https://www.hellenicshippingnews.com/apm-terminals-north-america-hosts-global-safety-day/
Belgium’s Goeyvaerts-R bvba (Goeyvaerts) has ordered two new eco-efficient Generation 6 Konecranes Gottwald Mobile Harbor Cranes for their growing rental fleet across ports in the Netherlands and Belgium. The order, booked in July, will be handed over in November 2021. Goeyvaerts, a longtime Konecranes customer, is a family-owned crane rental company whose customers include startups …
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Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Caterpillar Inc. (NYSE: CAT) today announced a collaboration agreement to develop hydrogen demonstration projects in transportation and stationary power applications, including prime power. The goal of the collaboration is to confirm the feasibility and performance of hydrogen for use as a commercially viable alternative …
The post Chevron, Caterpillar Announce Collaboration Agreement on Hydrogen first appeared on Hellenic...
Overseas Shipholding Group, Inc., a public company focused on providing energy transportation services for crude oil and petroleum products primarily in the U.S. Jones Act market, announced today that the strategic process to explore, review and evaluate a range of strategic alternatives available to the Company to enhance shareholder value that OSG’s Board of Directors …
The post Overseas Shipholding Group Announces the Continuation of Exploring Strategic Alternatives first appeared on Hellenic...
Brazilian President Jair Bolsonaro will meet by videoconference on Thursday with truckers leading blockades of highways in some 15 states, the Infrastructure Ministry said on social media, raising hopes he could end protests threatening export routes. Stirred up by the president’s call to action at Tuesday political rallies, the trucker protests had partially blocked highways …
The post Bolsonaro to meet striking Brazil truckers, exporters on edge first appeared on Hellenic Shipping News...
https://www.hellenicshippingnews.com/bolsonaro-to-meet-striking-brazil-truckers-exporters-on-edge/
Marine engineering and propulsion specialist Royston has assisted in the overhaul of diesel power plant on-board one of Europe’s largest drilling ships as it sailed while on passage. Drawing on its international capabilities and resources, a five-strong team of Royston engineers undertook the...
https://www.hellenicshippingnews.com/royston-completes-engine-overhaul-work-on-stena-drill-ship-2/
2020 was a catastrophic year for the onshore land drilling market, with operators slashing budgets and cancelling / reducing drilling programs globally. As a result, the number of onshore wells drilled dropped by c. 30% to an estimated c. 38,000, resulting in a drop in rig demand (c. 1,000 rigs)...
Hurricane Ida’s damage to U.S. offshore energy production makes it one of the most costly since back-to-back storms in 2005 cut output for months, according to the latest data and historical records. Ida’s 150 mile-per-hour (240 kph) winds cut most offshore oil and gas production for more than a...
https://www.hellenicshippingnews.com/u-s-oil-losses-from-hurricane-ida-rank-among-worst-in-16-years/
Libya- Protesters blocked oil exports at the Libyan ports of Es sider and Ras Lanuf on Wednesday, an oil engineer at each port said, although other engineers said production at fields that supply the terminals was unaffected. The engineers said three tankers were waiting to load at Es Sider and one...
Oil prices remained steady on Thursday as the Delta variant of the coronavirus continues to weigh on the demand outlook, offsetting a decline in U.S. Gulf of Mexico output because of damage caused by Hurricane Ida. Brent crude rose 4 cents to $72.64 a barrel by 0901 GMT and West Texas Intermediate...
https://www.hellenicshippingnews.com/oil-steady-as-delta-variant-weighs-on-demand-recovery/