Wood Mackenzie forecasts that global oil and gas development spend needs to increase by around 20 percent to meet future demand growth and ensure companies sustain production next decade.
Thomas Callender, a Senior Research Fellow for Defense Programs at The Heritage Foundation, has released a report saying the U.S. needs a 400-ship Navy in order to win in conflict.
German shipyard Meyer Werft informed that it will delay the delivery of AIDAnova, the world’s first LNG fueled cruise ship. Before this announcement, AIDA Cruises was planned to receive the cruise ship on November 15, in Bremerhaven.
Iran's crude oil exports and production have declined since the May 2018 announcement by the United States that it would withdraw from the JCPOA and reinstate sanctions against Iran, according to EIA.
Maritime NZ reiterated to skippers the importance of always wearing a lifejacket and always ensuring that there is the right size of lifejackets for everyone onboard.