U.S. Insured Losses from Hurricane Nate around $500 mln
Insured losses in the United States from Hurricane Nate will be close to $500 million, catastrophe modelling company Karen Clark & Company (KCC) said on Monday. The U.S.
Nate Becomes a Post-Tropical Cyclone: NHC
Former hurricane Nate has become a post-tropical cyclone that continues to pack heavy rain and gusty winds, the U.S. National Hurricane Center (NHC) said on Monday.
Chevron Starts LNG Output at Wheatstone Project
Chevron Corporation announced it has started producing liquefied natural gas (LNG) at the Wheatstone Project in Western Australia. The first cargo is on track to be shipped in the coming weeks.
Ensco Completes Acquisition of Atwood Oceanics
Ensco plc announced today that Ensco shareholders voted to approve the allotment and issuance of Ensco Class A ordinary shares to shareholders of Atwood Oceanics…
Exmar USD 23mln Richer After Excel Sale
The Belgian gas tanker company Exmar has sold its liquefied natural gas (LNG) tanker Excel for $ 23 million. "Exmar is pleased to announce the sale of the LNG carrier Excel (138,107 m³).
Theodore Roosevelt Carrier Strike Group Departs for Deployment
The Nimitz-class aircraft carrier USS Theodore Roosevelt (CVN 71) departed San Diego for a regularly scheduled deployment, Oct. Theodore Roosevelt, the flagship of Carrier Strike Group (CSG) 9…
Tanker Scrapping on the Rise
One of the main contributors to the low tanker rates experienced during 2017 has been high fleet growth, particularly in the large crude tanker sectors, says a report from Teekay.
SGMF, LNG MFI to Pomote LNG as Fuel
The Society for Gas as a Marine Fuel (SGMF) signed a memorandum of understanding with Australia’s LNG MFI to jointly promote the use of liquefied natural gas as fuel.
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