Ships Must Prepare for Sulphur Rules
The shipping industry is fully committed to total compliance with the 0.1% sulphur in fuel requirements, in Emission Control Areas, from January 2015. And there is no reason to suggest that there will not be full compliance, says the industry’s global trade association, the International Chamber of Shipping (ICS). “But there is nevertheless concern amongst those owners who know that they themselves…
U.S.-Asia Crude Exports Stall on Cheap Mideast Oil
Asian refiners shift towards cheaper Mideast oil, naphtha-trade; U.S. light oil exports to Asia only started 4 months ago. U.S. exports now going to Europe instead.
One dead, Dozens Missing as S.Korean Vessel Sinks
One person was killed and the fate of more than 50 others was unknown after a South Korean fishing vessel sank in the Bering Sea off the coast of Russia's far eastern…
Early Termination for Viking’s AHTS Vessels
As previously communicated, Viking Supply Ships has entered into an agreement with a major oil company for the charter of three vessels. The contract applies to the drilling seasons 2014 and 2015…
Caterpillar Completes 1st Dual Fuel Engine Retrofit
Caterpillar Marine successfully completed the commercial marine industry’s first dual fuel engine retrofit conversion in hull. Performed in under six weeks, Caterpillar…
DSCV SBM Installer Sold to OS Installer
SBM Offshore has entered into an agreement to sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash.
SK E&C Awarded Contract for Magnolia LNG
Liquefied Natural Gas Limited informs that its wholly owned subsidiary, Magnolia LNG LLC (MLNG) has agreed to an EPC contract with SK E&C USA (EPC Contract) in relation…
CMA CGM Agent in Munich Relocated
Otl-Aicher-Str. Phone and fax numbers remain unchanged.
Containers Must be Weighed Before Shipping
United Nations’ International Maritime Organization (IMO) has decided to make it mandatory to weigh loaded containers before they are transported by sea. This will…
NORECO's Revenue Dips in 3Q 2014
Norwegian Energy Company’s (Noreco) production in the third quarter of 2014 was basically unchanged from the previous quarter, significant impairments took down…
Keppel Infrastructure Sheds Facilities Arm
Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has signed an agreement for the sale of its entire stake in Keppel FMO (KFMO) to…
Stena Donates Tanker Model to Paris Museum
Stena donates tanker model to the Musée National de la Marine in Paris, highlighting safe maritime practices and clean oceans. A ceremony was held Friday evening…
