DNV GL Publishes Regulatory Roadmap for Floaters in the US
DNV GL announced it has mapped out what is necessary to be in compliance with U.S. Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in U.S. waters. In what DNV GL is calling the first comprehensive overview of its kind , the roadmap document entitled “Verification for compliance with United States regulations on the outer continental shelf”, follows from the USCG’s policy letter last year…
Second Typhoon Threatens Taiwan
The Taiwan military was collecting and distributing sandbags to guard against possible flooding on Tuesday as a typhoon bore down on the island after brushing the Philippines.
Korea Ferry Businessman's Body Located
Yoo had been target of South Korea's largest manhunt; Failure of police to catch Yoo had been burden for Park government. The body of South Korea's most wanted man…
Mitsubishi to Build Diesel Oil Import Terminal in Australia
Japanese trading house Mitsubishi Corp said it is entering Australia's diesel market by building a $103 million gas oil import terminal to tap growing demand and…
Volvo Penta Offer D4, D6 Series Engine Keel Cooling Option
Volvo Penta of the Americas has announced the availability of a keel cooling option with D4 and D6 marine diesel engines to meet customer demands in the North American marine commercial market.
Boscalis to Get IJsseldelta 'Room for the River' Contract
Royal Boskalis Westminster N.V. (Boskalis) say that the Dutch Department of Public Works and the province of Overijssel intends to award the contract for the IJsseldelta polder to them.
Unplanned Encounters Discussed at Navy CNO's China Meeting
Chief of Naval Operations (CNO) Adm. Jonathan Greenert has left the People's Republic of China (PRC) after a successful four-day counterpart visit with military leaders…
Germany as a Maritime Location Endangered: VDR
Germany, which currently is home to the world’s biggest container vessel fleet, will in future have fewer small shipping firms as European banks avoid the industry…
Shipbuilders Vard Report Financial Fair Sailing
Designers and shipbuilders of offshore and specialised vessels, Vard Holdings, has announced its financial results for the second quarter of financial year 2014 (“2Q2014”)…
NJ Congressmen Supports Offshore Wind Proposal
Congressman Frank Pallone has issued the following statement in response to the Department of the Interior’s announcement of the proposed lease sale for nearly 344…
Greenbrier Condoles the Passing of Emeritus Board Member Atiyeh
The Greenbrier Companies, Inc. says it joins all of Oregon in expressing its condolences to the family of Victor G. (“Vic”) Atiyeh, former Governor and past member of Greenbrier’s board of directors.
New Subsea Fiber-optic Cable to Link N. America & UK
TE SubCom has announced the commencement of the new Hibernia Express submarine cable system. The 4,600 km cable will provide the lowest-latency fiber-optic path between New York and London…
Wärtsilä's JV with CSSC to Expands Engines Range
Wärtsilä and China State Shipbuilding Corporation (CSSC) have signed an agreement to establish a joint venture for manufacturing medium and large bore medium speed diesel and dual-fuel engines.
AAPA Elect Kristin Decas as Next Chairman
The American Association of Port Authorities (AAPA) informs it has elected Kristin Decas, CEO and port director for the Port of Hueneme (Calif.) as its incoming…
Flirting with Default, Argentina Enjoys Oil Drilling Boom
Holders of Argentina's defaulted debt and their supporters have warned the country risks being frozen out from international capital markets unless it finds a way…
Panama Canal: New Lock Gates Transferred to Atlantic Side
ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.
Sembawang Shipyard to Convert 2 FPSOs for Kaombo Project, Angola
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA…
ICBC Financial Leasing Purchase 2 CIMC Raffles Drilling Rigs
ICBC Financial Leasing Company Limited signed a leasing project with Schahin of two ultra-deepwater drilling rigs during China-Brazil Business Council-Annual Meeting 2014 on 17th July 2014.
Mexico's Senate OKs Bills Expanding Power of Energy Regulators
Mexico's Senate gave general approval on Monday to legislation laying out expanded powers for energy regulators, part of the fine print needed to implement a constitutional…
AKR Corporindo to Spend 2.3 trln rph on Industrial, Port Project
PT AKR Corporindo, a distributor of basic chemicals and petroleum products, plans to spend 2.3 trillion rupiah ($198.84 million) on investment in the second half of this year…