[ad_1] Analysts at Fitch Solutions Country Risk and Industry Research are holding on to their current forecast for Brent crude prices to average $82 per barrel this year. That’s according to a new research note sent to Rigzone on Friday, which highlighted that the analysts noted that the balance of risk lies “squarely to the upside”. “Prices rallied on the news…
[ad_1] About 140 ships have been trapped off the coast of Ukraine, putting more than a thousand seafarers in harm’s way. Since Russian troops first began the invasion last week, a dozen oil-product tankers, a sunflower oil carrier, and 45 bulkers used to transport grains, ore and coal have gotten stuck, according to ship-tracking data compiled by Bloomberg. There are…
[ad_1] Italian classification society RINA has given design approval to Swedish designer FKAB Marine for a new hydrogen-powered MR tanker. RINA said that FKAB Marine would be designing a hydrogen-powered MR Tanker which would be combining the ship’s LNG fuel with steam to produce hydrogen and CO2. The MR LNG/hydrogen-fueled vessel is the result of a joint project with ABB…
[ad_1] Semco Maritime has announced that it needs to recruit a “high number” of people in a short amount of time. In a statement sent to Rigzone on Tuesday, Semco outlined that it is looking to fill more than 200 positions and revealed that some of these need to be filled before the second quarter of this year. The positions…
[ad_1] Russia’s lower house of parliament, the State Duma, unanimously ratified the Kremlin’s treaties recognizing two self-proclaimed republics in eastern Ukraine. President Vladimir Putin had already ordered his forces into the region. It follows weeks of warnings from the U.S. and its partners that Putin could be planning to invade Ukraine, something he has repeatedly denied. European Union ambassadors met…
[ad_1] Subsea Expo 2022 is set to welcome more than 3,000 guests this week as the conference and exhibition returns to Aberdeen, the event’s organizer, Global Underwater Hub (GUH), has announced. The three-day event will see UK and international delegates visit Aberdeen’s P&J Live from February 22 to 24, with more than 110 companies exhibiting, GUH revealed. The organization noted…