ICS: Global Shipping's Emissions 20% Lower
The total Green House Gas emissions from global maritime transport are estimated to have been more than 20% lower in 2012 than in 2007, according to the International Chamber of Shipping (ICS), the global shipping industry’s trade association. The global shipping industry, which transports by sea around 90% of all world trade, is thought to have produced only about 2.2% of the world’s total GHG emissions during 2012 compared to 2.8% in 2007.
Boeing, Liquid Robotics Enter Maritime Surveillance Partnership
Boeing and Liquid Robotics signed a global, multiyear teaming agreement for collaboration on product development, maritime services and operational deployments. The initial focus of the collaboration will be to develop total integrated solutions for antisubmarine warfare, maritime domain awareness and other maritime defense applications. “It’s a great opportunity to partner with Liquid Robotics to provide new and existing customers a unique portfolio of defense solutions and capabilities…
Rosneft, ExxonMobil Continue Drilling for Now
Russia's Rosneft and U.S. ExxonMobil are continuing to drill in the Kara Sea and plan to stop work by Oct. 10, Russian Deputy Energy Minister Kirill Molodtsov said on Tuesday.
Iraq's Southern Exports Unaffected by Conflict
Southern exports average almost 2.60 million bpd; Exports close to record rate seen in May. Lack of Kirkuk northern exports limits overall supply. Iraq's oil exports…
Aftermath of Scotland Independence Referendum: Platten Speculates
After the referendum debate on Scottish independence Guy Platten, Chief Executive Officer of the UK Chamber of Shipping has called for the divisions created by the campaign to be healed.
BMT Nigel Gee To Launch Project L3 at Monaco Yacht Show
BMT Nigel Gee, a subsidiary of the BMT Group, will be launching its latest innovative design, ‘Project L3’ at the Monaco Yacht Show. Building on Nigel Gee’s heritage…
Naming of M/V “SITC SHANDONG” at CSBC Shipyard
The Naming Ceremony of M/V “SITC SHANDONG” was held yesterday in Keelung Factory of CSBC Corporation, Taiwan, by SITC International Holdings Co., Ltd. (SITC International) and CSBC Corporation…
Hiab's State-of-the-art Factory Opens in Poland
Hiab, part of Cargotec, celebrates today the official opening of its new state-of-the-art multi-assembly unit (MAU) in Stargard Szczecinski, Poland. The development…
Dun & Bradstreet Partners Oracle to Reach for Cloud Solutions
Oracle and Dun & Bradstree, the world's leading source of commercial information and insight on businesses, today announced they have partnered to extend Oracle's…
MSC Award Two Time-Charter Contract Modifications
1. Offshore Service Vessels, Inc., Cut Off, Louisiana, is being awarded an $8,798,690 modification under a previously awarded firm-fixed-price contract (N00033-13…
Swiftships Shipbuilding Awarded Iraqi Navy Support Contract
The US Department of Defense informs that Swiftships Shipbuilding, L.L.C., Morgan City, Louisiana, is being awarded an $18,000,000 not-to-exceed contract for the…
U.S. to Join Anti-Piracy Organization: USCG Admiral on Council
The USCG informs that the U.S. is due to become the 20th nation to join the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP)…
Transocean's Chairman Designate 2015 Named
Transocean Ltd. informs that at its recent Extraordinary General Meeting Merrill A. "Pete" Miller, Jr. was nominated as a director and the Board intends to designate him as vice-chairman…
Chariot Oil & Gas 1H 2014 Interim Results
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, today announces its unaudited interim results for the six month period ended 30 June 2014.
Salamander to Start Drilling in G4/50, Gulf of Thailand
Salamander announces that its Environmental Impact Assessment (“EIA”) for exploration drilling in the G4/50 licence, Greater Bualuang area, Gulf of Thailand, has been granted conditional approval.
Inchcape Shipping Celebrates 25th Anniversary of ISS Greece
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has this month celebrated the 25th anniversary of its operations in Greece by hosting…
Sir Frank Chapman Appointed Golar's Chairman
Golar LNG Limited announced that with effect from September 19, 2014, Sir Frank Joseph Chapman has been appointed to the Board of Directors of the Company and will act as the Company's Chairman.
NewLead Takes Delivery of 3rd Eco-Type Bulker
NewLead Holdings Ltd.announced today that the "Newlead Castellano", a 2013-built dry-bulk eco-type Handysize vessel of 35,542 dwt, was delivered to NewLead's owned fleet on September 16, 2014.
Maersk Convincer gets 1 yr More
Petronas Carigali, the Exploration and Production subsidiary of the national oil company in Malaysia, has extended the contract for the jack-up rig Maersk Convincer by one year.
TOTE, Saltchuk Secure Financing for Marlin Class Vessels
Today, the U.S. Maritime Administration (MARAD) announced a $324.6 million loan guarantee for TOTE Shipholdings and Saltchuk Resources for their Marlin Class vessels. The two new Marlin Class vessels, which will be the world’s first liquefied natural gas (LNG) powered containerships, will serve the Puerto Rico trade and will be complete in 2015 and 2016. This financing is made available under the Title XI Loan Guarantee Program.