With renewed American sanctions on Iran's energy sector set to take effect in November, the Trump administration has called on its allies in Saudi Arabia to boost output and keep oil prices under control.
The UK defense ministry announced it has awarded over £1 billion worth of contracts for the maintenance of Royal Fleet Auxiliary ships and the Royal Navy’s survey and hydrographic fleet over the next ten years.
Hapag-Lloyd is the latest major container line to announce a fuel charge to cover the costs of using compliant low sulphur fuel for the 2020 sulphur cap.
International Container Terminal Services Inc (ICTSI) is expanding its flagship Manila International Container Terminal (MICT) in the Philippines capital.
French marine transport company Louis Dreyfus Armateurs Group has launched its first service operation vessel for Orsted for the maintenance of offshore wind farms.
Danish company Resen Waves has raised more than £1m to step up commercial development of its technology for offshore oil & gas and docking systems for underwater drones.
Hapag-Lloyd is to convert one of the LNG-ready containerships it acquired in the UASC merger, and fit scrubbers on two vessels as it analyses options apart from low sulphur fuel for complying with the IMO's 2020 sulphur cap.
Transmission system operators Energinet and 50Hertz have postponed the commissioning of the 400MW Kriegers Flak Combined Grid Solution between Germany and Denmark until May 2019.