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Through the program, the Port is making up to $10 million available to eligible fleet operators to assist with the cost of hydrogen fuel.
Each vessel will operate under a 10-year time charter, with extension options, to a top 5 liner company.

COVID-19 outbreak adds further woes for the oil and gas industry

The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices. This...

Deepwater acreage will continue to attract company interest through 2020

A significant portion of the acreage available in Q1 2020 is located in either deep or ultra-deep water, up from the previous quarter, according...

Report: VR technology supports oil and gas plant simulation

Following the rapid adoption of virtual reality (VR) technology in consumer markets, the oil and gas industry is witnessing wide-scale deployment of this technology...

Nuclear-powered ballistic missile submarines set to be fastest growing segment in global market

Navies across the globe are enhancing their undersea warfare capabilities by commissioning advanced submarines, primarily to gain asymmetric advantage over their opponents and to...

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