Worldwide Flight Services (WFS), a member of The SATS Group, is to open a fifth cargo handling terminal at Adolfo Suárez Madrid-Barajas Airport to provide additional growth capacity and secure its position as Madrid’s largest independent handling provider. Construction of the new 6,500m₂ terminal has now commenced and WFS aims to begin operations from the […]
The UK’s National Crime Agency has charged Diezani Alison-Madueke, former president of OPEC, of accepting cash bribes and luxury holidays in exchange for oil and gas contracts during her term as the director of Nigeria’s oil ministry. Nigeria’s oil and gas industry is notorious for corruption, the “resource curse” of a developing nation with a […]
Norway marked the official dedication of the Hywind Tampen wind farm with a ceremony attended by Crown Prince Haakon of Norway and Norwegian Prime Minister Jonas Gahr Støre on the Gullfaks C platform in the North Sea. Billed as the world’s largest floating wind farm the project is unique in that it is being used […]
A new research project looks to further define the parameters for CO2 shipping as they seek to scope out the elements needed for large-scale commercial shipping. While the shipping industry believes there is an emerging opportunity linked to the carbon capture and storage initiatives, the partnership highlights that the current design of liquified CO2 vessels […]
Shipbuilding continues to be a significant part of the South Korean economy with the country’s Ministry of Trade highlighting this week its growing contribution to the country’s exports. While the overall shipbuilding industry has been retreating from the record order levels of the past two years, South Korea’s shipbuilders are expecting to maintain gradual improvements […]
[By: LISCR] In recognition of the profound maritime contributions of LISCR Founder and Chairman Emeritus Yoram Cohen, the Liberian Registry has entered into a Memorandum of Understanding (MoU) with the World Maritime University (WMU), creating “The Yoram Cohen Memorial Scholarship.” This undertaking will promote wide-ranging research in maritime and ocean-related studies, focusing on areas such […]
Container volumes at Southern California’s ports, the largest complex in the United States, remain down significantly for the year and in the latest monthly report. Port executives had said they expected it would take time to rebuild their position after the labor settlement, but while other ports reported increases in July, Los Angeles and Long […]
A severe heat wave across the U.S. Gulf Coast has created a new hazard for offshore oil and gas workers, according to the U.S. Bureau of Safety and Environmental Enforcement (BSEE). Water temperatures along the Texas and Louisiana coastlines are approaching 90 degrees, and the heat index has risen as high as 110 degrees Fahrenheit […]
Boustead Heavy Industries reported that it has agreed to sell a 20 percent stake in its shipyard operation to the Malaysian government as the latest step designed to save a decade-old effort to build new frigates for the country’s navy. Further, the company reports in a stock exchange filing that the government informed it in […]
The Russian military has been working hard to protect the strategic bridge across the Kerch Strait from Ukrainian attacks, with mixed results. A truck-bomb explosion damaged a highway span and the rail bridge in October 2022, and a drone-boat strike in July 2023 damaged all three parallel spans. To protect against further attacks by sea, […]
The Suez Canal Authority is blaming machinery failures for the latest incident in the waterway which once again briefly interrupted transits as the authority’s fleet of tugboats worked to clear the blockage. While they are reporting that movement was back to normal after a few hours delay, it marked the eighth incident this year in […]
Leading aircraft charter specialist, Air Charter Service, has further invested in Texas by moving its Houston office to new, much larger premises to accommodate their growth plans for the state. READ: Air Charter Service invests in Mexico Dustin Roades, ACS Houston’s CEO, commented: “Last year was ACS Houston’s best, in terms of both charter numbers […]
