FILE PHOTO: Venezuela's Oil Minister and President of the Venezuelan state oil company PDVSA Manuel Quevedo talks to the media during a news conference in Caracas, Venezuela, August 7, 2018. REUTERS/Marco Bello/File PhotoReutersCARACAS (Reuters) - Venezuela is studying several measures to react to new U.S sanctions against state-run oil firm PDVSA including partial force majeure…

ASAHIKAWA, HOKKAIDO - Disused undersea telecommunications cables from before the war are becoming a headache for fishermen in Hokkaido when they inadvertently hook sections lying on the seabed, tearing their nets. Historians nevertheless are pleased to see the artifacts from Japanese prewar history.For Yasushi Shimizu, 42…

MIAMI - A family dispute has delayed the sentencing of a Delray Beach man whose newlywed wife disappeared during the couple's sailing trip near the Bahamas. Lewis Bennett appeared in Miami federal court Tuesday morning after pleading guilty to a charge of involuntary manslaughter. The 41-year-old faces a maximum eight-year prison sentence in the May 2017 disappearance of Isabella Hellmann…

Customs Comptroller-General,  Col. Hammed Ali (rtd) has said the Service is seeking a downward review of automobile duty  to 10 per cent.Ali, who spoke yesterday during the 2019 International Customs Day celebration in Abuja with Smart Border for Seamless Trade, Travel and Transport as its theme, said importers were complaining that the existing 35 per cent is too expensive…

CARACAS (Reuters) - Venezuela is studying several measures to react to new U.S sanctions against state-run oil firm PDVSA including partial force majeure, Oil Minister Manuel Quevedo said on Tuesday.Quevedo told a news conference that oil tankers leaving Venezuelan ports must pay for crude before departing.

The Global Maritime Safety MarketResearch Report Forecast 2019-2025: The report presents an in-depth assessment of the Maritime Safety including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies.

Offshore Patrol Vessels Market market reports provides a comprehensive overview of the global market size and share. Offshore Patrol Vessels Market market data reports also provide a 5 year pre-historic and forecast for the sector and include data on socio-economic data of global. they may be operated by a nation’s navy…

Security is one of the major concerns for the national and state governments globally. Maritime security is one of the majorly used security system involved in the prevention from intentional damage through sabotage, subversion or terrorism. Maritime security system is essential for the protection of nations security. Recently…

Image copyrightGetty ImagesAs Venezuela's economy collapses, a tide of lawlessness is spreading to the nearby island of Trinidad. Its fishermen now live in fear of Venezuelan pirates, discovers Colin Freeman, while Venezuelan smugglers exchange drugs and guns for basic necessities.If your idea of a tropical paradise is based on what you've seen in tourist brochures…

By Kapil Bhatia*Chinas graduated use of coercive instruments of national power in the South China Sea (SCS) constitutes an informed strategy.1 Such coercive gradualism is supported by gray zone tactics, which are measures that are aggressive yet designed to remain below the threshold of conventional military conflict.2 This combined approach minimizes international involvement…

the country. 49% of it is owned by Russia’s Rosneft as collateral for loans. from getting paid. frozen account that PDVSA cannot access. contracts which are no longer tenable amid the US sanctions.

We know far less about the Earths oceans than we do about the surface of the moon or Mars. The sea floor is carved with expansive canyons, towering seamounts, deep trenches, and sheer cliffs, most of which are considered too dangerous or inaccessible for autonomous underwater vehicles (AUV) to navigate.But what if the reward…

Zacks Investment Research downgraded shares of Diamond Offshore Drilling (NYSE:DO) from a buy rating to a hold rating in a research report released on Friday. According to Zacks, “Diamond Offshore’s technologically advanced and versatile drilling fleet enables it to stay ahead of its peers in a market, where offshore rig demand is expected to surge through 2025.

Overseas Shipholding Group (NYSE:OSG) and Seanergy Maritime (NASDAQ:SHIP) are both small-cap transportation companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, profitability, valuation, risk, dividends and analyst recommendations.

A remotely operated underwater vehicle (ROV) was recently used to help locate a downed fighter jet off Hawaii.The privately owned Hawker Hunter aircraft crashed on December 12, 2018 while participating in the Hawaii Air National Guard sponsored training exercise Sentry Aloha. The pilot ejected before the crash and was rescued by the Coast Guard with the assistance of nearby good Samaritans…