The global economy is bracing for renewed turbulence following U.S. President Donald Trump鈥檚 announcement on Wednesday of sweeping new tariffs, triggering fears of a global trade war and sparking immediate market and political reactions.According to the White House, the new measures include a 10% minimum tariff on most imported goods, with certain products - particularly those from major U.S. trade partners like China鈥
French energy giant TotalEnergies and OQ Exploration and Production (OQEP), Oman's national oil company, have held the ground breaking ceremony for the Marsa LNG plant, marking the start of construction of the Marsa LNG plant in the port of Sohar鈥
China's first integrated offshore hydrogen-ammonia-methanol project, which will produce clean fuels for ships, has entered the trial operation phase in Yantai, in eastern Chinse province of Shandong.Jointly developed by CHN Energy Hydrogen Energy Technology鈥
云顶赌场老虎机 construction firm Lamprell has secured an extension of its longstanding offshore long-term agreement with Aramco, strengthening strategic collaboration ongoing since 2018.The renewal reaffirms Lamprell鈥檚 technical and operational expertise鈥
Nigeria's state oil firm NNPC announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics leader Caverton Marine to overhaul maritime transportation in West Africa.The newly formed company will streamline crude oil鈥
James Fisher and Sons, a global provider of specialist services to the energy, marine and defense industries, has launched new legal entity in Japan, reinforcing its long-term commitment to Japan and its footprint in North East Asia.The move鈥
Subsea Global Solutions, an underwater maintenance and repair services specialist, has named Eric Smith as Chief Commercial Officer (CCO).With a career spanning leadership roles in maritime operations, commercial management, and strategic business development鈥
Shell has contained the oil leak from its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, following the shut down of facilities to investigate the source of the leak.Efforts by Shell to locate the source of the leak in the oil processing unit are ongoing鈥
Shell has shut down one of its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, to facilitate investigation into a suspected leak in the system, Singapore's Maritime and Port Authority (MPA) and National Environment Agency (NEA) said鈥
ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector.Proper Marine will be merged with ABL鈥檚 design and engineering arm Longitude鈥
Energy and marine consultancy ABL has expanded its global presence with a new office in New Zealand, to support the country鈥檚 growing maritime and offshore energy markets.The ABL New Zealand office will be led by experienced maritime professional Morwenna Vye鈥
云顶赌场老虎机 drilling contractor Noble Corporation has selected ABS Wavesight鈥檚 eLogs electronic logbooks for digital recordkeeping across its entire fleet of offshore assets.ABS Wavesight eLogs offers a comprehensive and streamlined approach to recordkeeping for both the maritime and offshore industry鈥
Singapore-based shipbuilder Strategic Marine has signed a significant contract with Mainprize 云顶赌场老虎机 for the construction of six Supa Swath vessels, with an option for an additional six vessels.The Supa Swath vessels are designed to meet support a wide range of maritime activities鈥
In the first half of 2024, the volume of cybersecurity incidents involving infostealers has increased significantly, and maritime victims have been no exception.Infostealers are a type of malware designed to steal sensitive information from an infected system鈥
What drives cyber attackers and what are their main motives for malicious online activities? Who are the most prominent attackers in the maritime industry and how do they do it?According to the report from Marlink鈥檚 Security Operations Center on cyber security threats鈥
