LNG Hub in Galicia Gets EU Funding Boost
The European Union will co-finance with a little over €600,000 from the TEN-T Programme a series of studies to develop a Liquefied Natural Gas (LNG) hub in the Port of Ferrol…
Jeppesen Active at Asia Pacific Maritime 2014
Jeppesen said it will be very active at Asia Pacific Maritime 2014, participating in industry symposiums and highlighting its Fleet Optimization and E-Navigation…
LNG Design: Necessity is the Mother of all Invention
Jensen Maritime Consultants – leveraging a unique porthole on the maritime industry – anticipates and meets demand in the burgeoning maritime LNG sectors. Nevertheless…
GSL Prices First Priority Secured Notes
Global Ship Lease, Inc. (GSL) announced that it has priced an offering of $420,000,000 aggregate principal amount of 10.000% first priority secured notes due 2019…
Short Seas in the Long Run
Building for the possibility of shortsea shipping involves many variables. The novel concept of rebirthing short sea shipping into what it once was or could be, may remain just that, a novelty. It would be paramount to overcome the “my way, on my terms” philosophy that so heavily drives traffic away from the seas and inland waterways and onto asphalt freeways that cannibalize natural resources. The…
Port2Port Maritime Security UKAS Certified
Port2Port Maritime Security Ltd. has been awarded full certification / accreditation for ISO 28000: ISO/PAS 28007. Following a rigorous validation process, Port2Port is independently certified through MSS Global via the UK Accreditation Service (UKAS), with full compliance to the new security management system specification. Andrew Varney, Managing Director of Port2Port Maritime said, "Port2Port has worked extremely hard to implement the ISO in full; this award is vindication of our efforts.
ISS Targets Growth in South, Central America
Inchcape Shipping Services (ISS), a maritime services provider has appointed Olivier Lavau-Wira as Vice President Sales, Marine Solutions, for its South and Central America region. Of French nationality and educated in Paris, Olivier has been based in South America since 1996 where he started his industry career working in shipping operations in the Port of Talcahuano, Chile. He has worked in various commercial management roles in Peru…
Pump Efficiency Restored at Iceland Fish Farm
Located in the Southwest corner of Iceland beside the Atlantic Ocean is one of Stofnfiskur’s salmon broodstockfarms. This farm located in a place called Vogar was originally established in 1986 produces Salmon Ova which are sold to domestic and International hatcheries for fish farming. The facility houses 25,000m3 tanks in 10 massive sheds used for the breeding of salmon and production of salmon ova.
Nordic Clinches $23.5m Offshore Seismic Contract
Singapore-based offshore specialist Nordic Maritime has been awarded a $23.5 million contract to provide 3D marine seismic data acquisition and processing services off the coast of Andhra Pradesh, India, to Cairn India Limited, starting later this month. The contract will see Nordic Maritime collaborate with SCF Geo of Russia and will feature that group’s seismic survey vessel Vyacheslav Tikhonov. The Vyacheslav Tikhonov will survey approximately 1,000 sq km of ocean bed.
Petrobras Areas Bought in 2010 May Hold Double the Oil Expected
Reuters - Brazil's Petroleo Brasileiro SA may find as much as 10 billion barrels of oil in a group of offshore exploration blocks bought from the government in an oil-for-stock swap…
Dan-Bunkering Trader Transfers to Singapore
Dan-Bunkering (Singapore) Pte. Ltd. is pleased to announce that as of March 1, 2014, Maria Eliseeva transferred from A/S Dan-Bunkering Ltd. Kaliningrad Rep. Office to Dan-Bunkering (Singapore) Pte. Ltd. Maria Eliseeva will strengthen a team of 17 dedicated international colleagues at Dan-Bunkering (Singapore) Pte. Ltd. Maria Eliseeva was born in the Middle Asia but moved to Kaliningrad when she was a child. Maria Eliseeva was employed by Dan-Bunkering Ltd. Kaliningrad Rep. Office in 2008.
Santos, Kris Energy to Explore Oil and Gas off Bangladesh
Australian oil and gas company Santos and Singapore-based Kris Energy signed a production-sharing contract (PSC) on Wednesday to explore oil and gas in Bangladeshi waters.
Wilbur Ross-backed Diamond S Shipping drops IPO
Diamond S Shipping Group Inc's largest shareholder, Wilbur Ross, said the tanker company's initial public offering had been canceled because the suggested price was too low…
U.S. refiners oppose easing crude export limits
Four U.S. oil refiners, trying to counter growing calls to lift the nation's ban on most crude oil exports, have launched the first major lobbying effort to keep abundant U.S.
U.S. Black Sea naval drills start after one-day delay
A joint naval exercise of U.S., Bulgarian and Romanian naval forces in the Black Sea has started, the Bulgarian navy said on Wednesday. The USS Truxtun, a U.S. guided…
Gas tanker firm Avance announces Oslo IPO
Gas tanker operator Avance Gas Holding is planning an initial public offering (IPO) and aims to list its shares on the Oslo Bourse in April, one of its owners said on Wednesday…
Asia Fuel Oil: 380-cst cash premium rises 76 percent
The cash premium of the benchmark 380-cst fuel oil grade firmed for the fourth straight session on Wednesday, underpinned by lower supply in the region in early April.
Ousted Libyan PM flees country after tanker escapes rebel-held port
Former Libyan prime minister Ali Zeidan has fled to Europe after parliament voted him out of office on Tuesday over his failure to stop rebels exporting oil independently…
US Navy Braces for Budget Cut Battles
Reuters – Chief of Naval Operations Admiral Jonathan Greenert told reporters late on Monday that the Navy would have no choice but to curtail funding for a planned refueling of the nuclear-powered USS George Washington aircraft carrier if sharp cuts in military spending remained in effect for 2016 and beyond. Such a decision, he said, would have a big impact on the shipbuilding industrial base, noting that the refueling involved several hundred thousand man-days of work…
Electric Boat Gets USS Minnesota Refit Funding
The U.S. Navy has awarded Electric Boat a US$57.2-million contract to prepare and perform maintenance work on the 'USS Minnesota' (SSN-783), a Virginia-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics. Under the terms of the contract, Electric Boat will perform a post-shakedown availability on the Minnesota, which consists of maintenance work, repairs, alternations and testing to ensure the submarine is operating at full technical capacity.
