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Al Seer Marine and Yahsat Join Forces to Offer Interoperable Next Generation Satellite Communications Capabilities for Maritime Vessels

Al Yah Satellite Communications Company PJSC (“Yahsat”) listed on the Abu Dhabi Securities Exchange (“ADX”) under (SYMBOL: YAHSAT) (ISIN: AEA007501017), the UAE’s flagship satellite solutions provider, today announced that its government division, Yahsat Government Solutions (“YGS”), has signed a Memorandum of Understanding (MoU) with Al Seer Marine PJSC (ADX:ASM), the leading maritime company in the …

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Aframax rates jump on risk-premium fears as EU eyes shipping ban on Russia

The cost of chartering Aframax tankers to transport crude or oil products hovered at multiyear highs March 7 as the EU and Norway continued to eye a ban on Russian shipping and ‘self-sanctioning’ efforts to sideline Russian exports continue to curb demand for its seaborne oil. Russia typically exports about 4.6 million b/d of crude …

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Legislation Advances To Restrict Offshore Manning And Enforce Jones Act Requirements

On March 2, 2022, the U.S. House Transportation and Infrastructure Committee reported favorably H.R. 6865, the Coast Guard Authorization Act of 2022, including the Graves/Garamendi offshore manning legislation, a required Coast Guard report on Jones Act enforcement, and a required report on the foreign oceanographic research vessels in U.S. waters. The Committee rejected an amendment …

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No oil for Shell in North Sea well

Oil major Shell has failed to find hydrocarbons following the drilling of an exploration well located in the UK North Sea. The post No oil for Shell in North Sea well appeared first on Offshore Energy.

Norsepower rotor sails for world’s largest short sea RoRo

Finnish cleantech company Norsepower has signed an agreement with Luxembourg-based shipping group CLdN to install two tilting rotor sails onboard a 2018-built vessel. The post Norsepower rotor sails for world’s largest short sea RoRo appeared first on Offshore Energy.

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