Video: Tugboat Captain Medevaced
The U.S. Coast Guard medevaced an ailing tugboat captain Sunday from the vessel Willy Landers one mile east of Satellite Beach, Fla.Coast Guard watchstanders in Jacksonville, Fla. received a call from a crewmember of the 75-foot towing vessel at approximately 12:30 a.m., stating the 53-year-old captain was experiencing heart attack symptoms.A Coast Guard helicopter crew arrived on scene at 3:15 a.m., hoisted the captain and transported him to Holmes Regional Hospital.
Attollo Bags Multimillion Jack Up Deals
Attollo Offshore has heralded Q2 by signing multiple multi-million dollar jack up contracts within the oil and gas and renewable energy sectors. The contracts will…
Tanker Rescues Castaway in South China Sea
Mitsui O.S.K. Lines, Ltd. announced that on April 14, 2018, the MOL-operated/managed crude oil tanker Altair Trader rescued a castaway in the South China Sea.At 19:10 local time on April 14…
Trump's Revenge: US Oil Floods Europe, Hurting OPEC, Russia
U.S. supplies to Europe set for all-time high in April; on course to overtake Russia, Saudi. As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude. Russia paired with the Organization of the Petroleum Exporting Countries last year in cutting oil output jointly by 1.8 million barrels per day (bpd), a deal they…
Baltic Index Near 15-week High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday to near 15-week highs, boosted by rising rates for capesize vessels.
SSY: Atlantic Capesize Index Gain by 2,041 Points
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index down by 2,041 points in the week ending Monday to 7,323. "Led by gains on trans-Atlantic routes,…
Alfa Laval's Volume, Profit Both Beat Street
Engineering group Alfa Laval reported quarterly earnings and order intake above market expectations on the back of an upturn in the oil and gas sector on Monday…
China's First Home-built Carrier to Start Sea Trials
China first domestically developed aircraft carrier looks set to begin sea trials after pictures appeared on the Chinese internet on Monday of it leaving its dock in the northeastern port of Dalian.
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