SAN JUAN, Puerto Rico (AP) The U.S. National Transportation Safety Board says leaking fuel that touched a hot surface caused the August 2016 fire that injured dozens aboard the Caribbean Fantasy ship that grounded near Puerto Rico.Officials said Tuesday the fire caused some $20 million in damage and spread quickly because fuel and lube oil valves were intentionally blocked open.
Motley Fool Staff, The Motley Fool,Logo of jester cap with thought bubble with words 'Fool Transcripts' below itMoreImage source: The Motley Fool.Star Bulk Carriers(NASDAQ: SBLK)Q1 2018 Earnings Conference CallJun. 12, 2018 11:00 a.m. ETContents:Prepared RemarksQuestions and AnswersCall ParticipantsPrepared Remarks:OperatorThank you for standing by…
The chief executive of one of the worlds largest container shipping companies, Japan’s Mitsui OSK Lines, has reportedly said new environmental rules for marine fuels could cost the shipping industry US$50 billion.Junichiro Ikeda told the Financial Times the regulations could drive many operators out of business if the industry is unable to pass on the cost.
Made entirely in East Sussex, the Double Impulse Chronometer by Charles Frodsham & Co took 13 years to develop, and builds on the ideas of Dr George Daniels and Abraham Louis Breguet - gary smithMoreWhen the English firm Charles Frodsham & Co started work on its first ever wristwatch13 years ago, the idea of British watchmaking was the very definition of an oxymoron.
Friday, June8th2018 - 11:46 UTCThe Islands plan to implement updated maritime legislation over the coming year.(Pic FIG)In setting its legislative priorities for the next twelve months, the Falkland Islands Government has signalled an intention to focus on legislation of interest to families. The Islands are internally self-governing…
Royal Dutch Shell plc (NYSE: RDS-A) (NYSE: RDS-B) has been making remarkable progress in forging ahead with its deepwater projects of late. The European oil giant recently announced that the first phase of its deepwater Kaikias project in the Gulf of Mexico (GoM) has become functional and that too one year prior to the scheduled date.
Exxon Mobil (XOM) is the largest oil company in the world with a market cap of almost $350 billion. The company has consistent production, long-term reserves, strong financials, and is in a league of its own among other oil companies. However, as oil prices have recovered, the company's stock price has languished. As we will see throughout this article…
Brazil's Petrobras has allowed Italian contractor Saipem to follow in the footsteps of TechnipFMC and Sapura Navegacao by overcoming an initial disqualification to enter the fray in a battle to supply and install what could be the first of several rigid riser-based solutions for the Mero (formerly Libra) pre-salt field…
Alexis Tsipras, Prime Minister of Greece visiting Bahri's booth.Follow > , , , , , , , , , , , , , , , , Bahri, a global leader in logistics and transportation, showcased its comprehensive range of services and solutions at Breakbulk Europe 2018 and Posidonia 2018, two of the international shipping and logistics events.
A teenager died after suffering a broken neck and torn spinal cord and may have been injured after tumbling inside a machine the last day of his summer job at an industrial cleaning firm, a jury has heard.Dean Reynolds is standing trial accused of the culpable homicide of 17-year-old Michael McLean, who died on August 14 2015 at Denholm MacNamees premises in Inverurie…
You have a cause. It's important. You might think that alone would spark media interest. And yet you find your emails going unanswered, your events uncovered, your press releases evaporating into the ether. Or worse, reporters and local bloggers are paying attention to your cause but it's all the wrong kind of coverage — weak or dismissive or snarky.
DUBLIN--(BUSINESS WIRE)--Jun 6, 2018--The "Global Subsea Control Systems Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.With an increase in energy consumption across the globe, the focus on offshore drilling has been increasing. The major oil & gas companies have invested on deep water and ultra-deep water projects.
There are few forces on Earth more powerful or deadly than a Category 4 hurricane. A typical storm can stretch for hundreds of miles over the ocean. At its centre it generates winds of nearly 200kmph and waves more than a hundred feet in height. The typical energy discharged over its lifetime is equivalent to more than 10,000 nuclear bombs.
* Analysts says tanker scrappage to hit most in at least 7 yrs * Sector has been in crisis in wake of OPEC oil output cuts * Strict environmental rules, lower floating storage also drag * Tough conditions expected to last until second-half of 2019 By Jessica Jaganathan SINGAPORE, June 3 (Reuters) - The shipping industry will this year scrap the largest number of oil tankers in over half-a-decade…
MUMBAI (Reuters) - Malaysian palm oil futures extended declines on Tuesday to hit their lowest in nearly a month, weighed down by lacklustre export demand and overnight losses in the U.S. soyoil market. A motorcylcist rides past a palm oil tanker in a plantation in Johor August 24, 2016. REUTERS/Henning Gloystein/File PhotoThe…
Saturday, June 02, 2018 6:07 p.m. CDTBy Jessica JaganathanSINGAPORE (Reuters) - The shipping industry will this year scrap the largest number of oil tankers in over half-a-decade, driven by weak earnings, firm prices for scrap steel and the need to prepare fleets for strict new environmental regulations.The surge in scrapping…
October 29, 1863, Page 4 The New York Times ArchivesFrom the New-Orleans Era, Oct. 16.Information having reached our naval authorities that the rebels had rigged up some contrivances for making salt in the vicinity of Point Clear, in the Mississippi Sound, near St. Joseph's Island, the steamer Commodore, Acting Master J. HAMILTON commanding, and the yacht Corypheus, Acting Master F.H.
The 22,000-tonne topside for the drilling platform was lifted into position in one single lift on the Johan Sverdrup field last weekend. Equinor and the Johan Sverdrup partners are the first users in the world of this ground-breaking technology.On Thursday 31 May the topside for the Johan Sverdrup drilling platform sailed from the Aibel yard in Haugesund to Bømlafjorden at Stord.Here the 22…
The Dow Jones Industrial Average is up more than 150 points this afternoon. In today's Intraday Update, we:...observe that nothing can seem to keep this market down; ...explain why Bristol Myers Squibb (BMY) is tumbling; ...and highlight Snap's (SNAP) big gain.Nothing will make this stock market lie down.Trade worries are up. Interest rates are up.
