Keppel FELS to Deliver 100th Jackup Rig
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) is on track to deliver PV Drilling VI, a KFELS B Class jackup rig, to PV Drilling Overseas (PVDO), a subsidiary of PetroVietnam Drilling & Well Services Corp (PV Drilling) on time, on budget and with a perfect safety record. It is the 100th jackup rig Keppel FELS has built since 1970, of which more than half are based on the KFELS B Class design.
Crowley Crew Aids Ill-fated Catamaran
The crew of the Crowley-managed, 393-foot, heavy lift vessel Ocean Crescent recently provided assistance to five people aboard the damaged and drifting catamaran Rainmaker during a routine transit from Progresso, Mexico, to Halifax, Canada. Following a message from the U.S. Coast Guard (USCG) to render assistance, if possible, the Crowley crew onboard diverted the Ocean Crescent approximately 20 nautical…
Lithuania Looks to U.S. for Gas
Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.
Petrobras Denies Hiring JPMorgan for License Sales
Petróleo Brasileiro SA denied on Friday that it has hired JPMorgan Chase & Co to handle the sale of oil exploration licenses in deep-sea areas off the coast this year.
Asia-Europe Container Freight Rates Fell 6.5 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.5 percent to $938 per 20-foot container (TEU) in the week ended Friday…
Brent up to $61, First Monthly Gain Since July
Brent premium over U.S. crude widens to $12; China's implied oil demand set to grow 3 percent this year. Crude oil futures rebounded on Friday and Brent headed for its first monthly gain since July…
USCG Makes Change in Fort Pierce Inlet Safety Zone
The Coast Guard has made a change in the Fort Pierce Inlet safety zone Thursday afternoon. Recreational vessels with less than six-foot draft are now allowed to…
ST Engineering Y-O-Y Profits Slip
Singapore Technologies Engineering Ltd reported today its full year financial results ended 31 December 2014 (FY2014) with a Group revenue of $6.54b compared to $6.63b as reported for FY2013.
Sulphur Enforcement Begins in Denmark
For the first time all 16 SECA countries met for the Danish Maritime Authority’s workshop on sulphur regulation enforcement. A total of 35 legal experts, port State…
Dryships in the Red
DryShips Inc. and through its majority owned subsidiary, Ocean Rig UDW Inc., of offshore deepwater drilling services, today announced its unaudited financial and…
USCG Foundation Announces Scholarships
The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced today that it has kicked off its scholarship season.
MCPON Stevens Delivers Congressional Testimony
Master Chief Petty Officer of the Navy (MCPON)(AW/NAC) Michael Stevens testified before Congress Feb. 25. Stevens appeared before the House and Armed Services Appropriations…
NMM lines up Box Buy
Navios Maritime Partners L.P. (NMM) an international owner and operator of container and drybulk vessels, announced today that it has secured, for no consideration…
River Levels Decreasing in Argentina
River levels in Argentina are currently decreasing and they are expected to continue over the coming week. The bottleneck remains in the River Plate access channel…
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