Reliance to Source Ethane from US
India's Reliance Industries Ltd said it will source 1.5 million metric tons of ethane a year from the United States as feedstock for its crackers in India. The company…
VSTEP Delivers FMB Simulator to Danaos
Danaos Corporation purchased a NAUTIS DNV Class A FMB Simulator and Instructor Station for training of its fleet members. The simulator will be delivered and installed by VSTEP at Danaos Shipping Co Ltd. Headquarters in Piraeus, Greece. The simulator purchased by Danaos Corporation included a NAUTIS DNV Class A FMB simulator with 240° horizontal field of view and an Instructor Station. It will be used to train navigation and maneuvering with the container vessels of the Danaos fleet.
Dredge Yard to Participate in Latin American Congress of Ports
Dredge Yard announced it will for the first time participate in the Latin American Congress of Ports that will be held in less than a week in Puerto Iguazú in Argentina.
Tanker Carrying Kurdish Oil Reappears Unladen off Israel
A tanker carrying crude oil from Iraqi Kurdistan reappeared unladen on Aug. 19 about 30 kilometres off the coast of Israel, ship tracking data on Reuters showed.
Panama Canal Updates Maersk on Expansion
Within the framework of the centennial celebration, the Panama Canal Administrator Jorge L. Quijano received a Maersk Line delegation led by Søren Skou, CEO of Maersk Liner Business, to provide an update on the Expansion Program and discuss the future trends in the maritime industry. Administrator Quijano updated Maersk executives on the progress of the Expansion Program. He said that the plan is underway to ensure that the new locks will be open for transits in the beginning of 2016.
First Two Mooring Boats Launched for Port of Ras Laffan
Nakilat has celebrated the delivery of two 16-meter mooring boats built by shipbuilder Nakilat Damen Shipyards Qatar for towage operator Nakilat Svitzer Wijsmuller. The built-in-Qatar vessels will be operated at the Port of Ras Laffan. The two Stan Tug 1606 mooring boats, named Ras Al Allaj Qatar and Al Esaiwed, are the first of a seven-vessel order that Nakilat Damen Shipyards Qatar is currently working on for Nakilat Svitzer Wijsmuller.
Topaz Secures $75m Investment from SCPE
Topaz Energy and Marine, an offshore support vessel company with primary operations in the Caspian, Middle East, West Africa and Subsea operations in the North Sea and Gulf of Mexico, has announced a $75 million new equity investment in the business from Standard Chartered Private Equity (SCPE), one of the world’s leading emerging market private equity investors. Under the terms of the investment, SCPE will inject $75 million of equity in return for a 9.8% stake in the business.
Refiners Seek Jones Act Workarounds as Crude Export Debate Heats Up
As the first U.S. oil condensate exports head to Asia from the Gulf Coast, crude producers and refiners are exploring ways to get around a century-old law that makes it three times more expensive to ship by water between U.S. ports than to sail to a foreign port. The Jones Act, originally passed to protect the U.S. maritime industry, restricts passage between U.S. ports to ships that are U.S.-built, U.S.-flagged and U.S.-crewed.
UTi Worldwide, Ansell Name Safmarine Partner of the Year
UTi Worldwide Inc., a global supply chain services and solutions company, together with its client, Ansell Limited, named Safmarine its "Partner of the Year" for…
Doosan Delivers a ‘World’s First’ to NASSCO
Doosan Engine has confirmed delivery of the world’s first dual-fuel, low-speed ME-GI engine to the American National Steel and Shipbuilding Company (NASSCO) shipyard in San Diego, USA. The new engine is capable of operation on LNG and/or bunker C oil and will power the first of two 3,100-teu container ships ordered by TOTE, the American marine transportation company. The Korean engine maker originally won the order to build the ME-GI engines in 2013…
Russia Sanctions Could Slow Norwegian Arctic Exploration
Western sanctions against Russia may slow down exploration for oil and gas on both the Norwegian and Russian side of the Arctic Barents Sea, lobby group Norwegian Oil & Gas told Reuters on Wednesday.
Maritime Security West Conference Underway in Tacoma
The 2014 Maritime Security West conference is underway in Tacoma, Washington. The preconference day included tours of the Port of Tacoma, the City of Tacoma’s Marine Security Operations Center and the opportunity to view and ride a large number of tactical craft belonging to local police, sheriff fire and rescue departments at the Foss Waterway Seaport moorage. King County Sheriff’s Department gave a flying demonstration of the airborne tactical extraction platform (AirTEP).
Pipeline Corrosion Shutters Statoil's Troll C Platform
Norway's Statoil shut oil and gas production at its Troll C platform in the North Sea after inspections found corrosion damage on a pipeline, the company said in…
China Rejects Manila Protests, Laments Detentions
China rejected Philippine complaints on Wednesday about Chinese survey vessels operating in a gas-rich area of Manila's exclusive economic zone, and has lodged a…
Lukoil Shipped Canadian Crude from Houston
Russian oil major Lukoil has emerged as one of the first companies to buy Canadian crude re-exported from a U.S. port, shipping one cargo last month to its refinery in Augusta…
Vestas Profit Beats Forecast
Danish wind turbine maker Vestas Wind Systems posted much higher than expected second-quarter earnings and slightly increased its guidance for the full year, signaling…
MV Cape Ray Signals DTRA 'Mission Complete'
The Defense Threat Reduction Agency announces the successful completion of the Cape Ray's mission to destroy Syria's chemical weapons components at sea. The Defense Threat Reduction Agency/U.S.
HK's COSCO International Reports Strong Profit Growth
For the six months ended 30th June 2014, shipping services provider COSCO International has announced that its 2014 Interim Results show strong profit growth with Net Profit up 45% YOY.
Maersk Drilling Rig Team Train Local Talent
Maersk Drilling says that its 'Mærsk Deliverer' rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent…
BWTS SeaCURE Gains USCG AMS Acceptance
Evoqua Water Technologies LLC says that its SeaCURE Ballast Water Treatment System (BWTS) has been granted AMS Acceptance in all salinities. Following a rigorous review process…
