24 JULY 2020 For years, scientists have been gripped by the existence of a strange anomaly weakening Earth’s magnetic field. It’s located in the midst of the South Atlantic ocean, extending all the way from South America to the west coast of southern Africa. This giant, puzzling expanse of reduced magnetic intensity …
Read More »
23 JULY 2020 Despite reporting steep declines in the most recent quarter, Chinese shipbuilding is showing signs of recovery, possibly with the aid of the Chinese government, as the shipbuilding industry continues its competition with Korean shipbuilding. For the first six months of 2020, China reported a nearly 11 percent …
Read More »
22 JULY 2020 The superlarge crane ship Sleipnir has set another record: the largest single-lift jacket removal. Last week, Sleipnir successfully lifted and removed the 8,100 tonne jacket for the Jotun-B platform in the Norwegian North Sea. The platform was installed in 1998 by the Heerema crane ship Thialf, which returned to the Jotun field …
Read More »
21 JULY 2020 A former manager working at the BP oil company operations in Singapore along with his co-conspirator a local Singapore businessman have both been found guilty in a bribery scheme involving nearly $4 million in payments. According to Singapore prosecutors in the case that lasted nearly two years, …
Read More »
20 JULY 2020 Norway has received permission from the European Free Trade Association (EFTA) to proceed with a $2.4 billion investment in two large-scale carbon capture facilities, along with the infrastructure needed to transport and store the CO2 in subsea reservoirs. It is the largest single state aid award ever …
Read More »
19 JULY 2020 The number of piracy and armed robbery incidents reported in Asian waters has more than doubled in the first half of 2020 compared to last year. There were 51 incidents reported from January to June this year compared with 28 for the same period in 2019. The …
Read More »