London Offshore Consultants Expands in Asia
London Offshore Consultants (LOC) announced further expansion in Asia Pacific with the opening of a new office in Vietnam. The new office in the port of Vung Tau, which will formally begin operations in May, will be managed by Kenny Ong, who is highly experienced in major offshore oil and gas projects across Asia, especially in Vietnam. The office will provide oil majors, contractors, underwriters…
LPG Vessels on Order: More & Larger in Size
Rising demand from emerging country economies has prompted owners to order more and larger LPG vessels, according to Drewry. The increased demand has been further improved by a growing consumption base in emerging economies, with supply bolstered by an expected emergence of new export sources, notably the US and the Russia. LPG demand in the so-called saturated markets, such as Japan and South Korea…
'Shipping & Climate' Change: Upcoming IMarEST Lecture
‘Shipping and Climate Change: how Science can aid an industry that emits more CO2 than the UK’ is second in the ‘Sea Changes Lecture Series’. The series, organised…
English Channel 700MW Windfarm Project
Plans for a giant wind farm off the coast near Brighton advance as developer E.ON submits initial planning application to the Government. The energy giant, which…
Greek-flag Registry Red Tape Clear-out
Greek Shipping Minister urges owners to choose country's flag as registry gets revamp. Greek Shipping Minister Constantinos Mousouroulis has unveiled a plan to modernize the Greek Shipping Registry that will come into effect imminently. Greece's shipping ministry will put in place a one-stop-shop e-registry responsible for the receipt of the applications, their processing and the monitoring of the necessary steps tied to registering vessels. Mr.
Shipbuilding Order Dispute to the Tune of US$300-million
"As previously announced, FLEX LNG considers the four shipbuilding contracts and the EPCIC that were entered into with SHI in 2008, to have been abandoned. FLEX…
FLNG Support Facility Contract for Decmil Australia
Decmil Group wins $25-million Shell Australia contract in support of the Prelude Floating LNG facility in the Northern Territory. Decmil has been engaged by Shell…
HK Container Terminal Interests Cashed-in by DP World
DP World has entered into two transactions to monetise its interests in two container terminals & a logistics centre in Hong Kong. The transactions will see DP World monetise 75% of its interests in CSX World Terminals Hong Kong Limited (CT3), which operates berth 3 of the Kwai Chung Container Terminal (‘CT3’) and ATL Logistics Centre Hong Kong Limited (ATL), a logistics centre located alongside CT3…
Damaging an Egyptian Coral Reef Expensive
Due to an increase in tourism, Egyptian coral reefs are important to its economy: official records show 170 damage incidents. Vessel groundings are a large threat which coral reefs face…
China Shipyard Delivers One More Bulker
COSCO (Zhoushan) Shipyard Co., Ltd. has delivered a 57,000 dwt bulk carrier 'Ocean Master' to its European buyer. The new bulk carrier measures 189.99 meters in LOA and 32.26 meters in breadth.
Shell Norway Award Subsea Service Contract to ABB
ABB signs a $260 million service contract with A/S Norske Shell for operations at the Draugen and Ormen Lange oil & gas fields. The contract is for a period of 9…
UDEI Hosts Wind Energy Symposium
Experts explore future of wind energy research in two-day symposium at the University of Delaware Energy Institute (UDEI). How would wind turbines in the ocean alter the wind flow? Is wind energy a practical solution for powering electrical grids? Forward-looking questions such as those were addressed by experts in the field of wind energy at a recent symposium sponsored by the University of Delaware Energy Institute (UDEI).
ITF Keeping Eye on Strike-busting Bulk Carrier
The vessel 'Long Beach' reportedly loaded at Vancouver's Mitsui-UGC terminal where union dockworkers are locked out. The ITF is keeping the port under close watch.
Offshore Service Provider's 'Excellent' 2012 Profits
UK's James Fisher & Sons plc announces its results for the year ended 31 December 2012. "James Fisher had an excellent year in 2012, demonstrating the continued…
Bourbon Choose PC Maritime ECDIS
PC Maritime’s Navmaster ECDIS ordered for Bourbon’s latest generation IMR (Inspection, Maintenance & Repair) vessels. The new ships are beign built in Zheijiang shipyard, China.
Tankship ERS Capability Guidelines Published
The Oil Companies International Marine Forum (OCIMF) clarifies & recommends minimum scope of statutory Emergency Response Services (ERS). According to current regulations…
Alaskan Waters Sightseeing Catamaran Ordered
CIRI Alaska Tourism Corporation (CATC) orders a 150-passenger catamaran for KFT to add to its 12-vessel fleet, with delivery in early 2014. CATC is making investments in its Seward-based Kenai Fjords Tours operation as well as at its Kenai Fjords Wilderness Lodge. Designed by Teknicraft of New Zealand and constructed by All American Marine in Bellingham, Wash., the new vessel will join two sister ships, the Aialik and Orca Voyagers.
Discovery in U.K. Archives Reveal Key Shipwreck Documents
The St. Augustine Lighthouse and Museum’s Lighthouse Archaeological Maritime Program (LAMP), Director, Chuck Meide, made some key discoveries recently in London, England.
U.K. Property Tax Changes Affect Shipping Interests
International accountant and shipping consultant Moore Stephens said many overseas companies, including some connected to shipping interests, will be among those affected by draft legislation from the U.K. government proposing changes to the taxation of U.K. residential property valued at £2m or more. Among other things, companies resident outside the U.K. will, for the first time, be liable to capital gains tax (CGT) on such property, with effect from April 6, 2013.
Irving Progresses AOPS Design, Prepares 2015 Construction
Irving Shipbuilding welcomed Rona Ambrose, Minister of Public Works and Government Services Canada, and Peter MacKay, Minister of National Defense, to Halifax Shipyard…
