Storm Carlos Moves West, Nearing Mexican Pacific Port
Tropical storm Carlos threatened Mexico's Pacific coast with heavy rain on Monday as it churned west near the port of Lazaro Cardenas, and it is forecast to become a hurricane again by early Tuesday…
Diver Pleads Guilty to Fraud Involving Historic Cannons
A commercial diver has pleaded guilty at Southampton Crown Court to a fraud offence in excess of £46,000 following a two year investigation by the U.K. Maritime & Coastguard Agency (MCA). The diver, Vincent Woolsgrove of Ramsgate, Kent, reported finding five cannons during the summer 2007, two from the wreck of the warship, London, and three in international waters off the coast of Kent. The cannons recovered from the warship were both very rare bronze Peter Gill and commonwealth cannons.
The Powerful TGS Salvage Grab
The TGS Salvage grab is reported to be the only one of this type in the world with four independent claws of 250 Mt each and a total pinch force of 1,000 Mt. Its lifting capacity reaches more than 1,000 Mt. This grab is built out of the latest high tense steels in order to achieve a super light empty weight of 165 Mt. The grab operates on a sheer legs crane or any other type of lifting crane. This giant machine is equipped with four heavy duty hydraulic cylinders to open and close the claws.
DW: Tomorrow, It’s Surely Nearer Now?
A sustained supply glut has maintained Brent oil prices through the first five months of 2015 at some 47 percent lower than the same period in 2014. Industry observers expect low oil prices to eventually take supply out of the market and drive a price correction, noted Douglas-Westwood. So, when will this happen? To-date, supply appears unaffected - latest figures from the EIA indicate that US production has risen almost 13 percent in the last 12 months.
Offshore Accommodation Market Sees Modest Growth
Douglas-Westwood (DW) forecast in its new World Offshore Accommodation Market Forecast that over the period 2015 to 2020 demand for offshore accommodation vessels will average almost 42…
Teekay, BP Enter Deal for Newbuild LNG Tankers
Teekay LNG Partners L.P. announced that it has entered into a 13-year time-charter contract with BP Shipping Limited (BP) for one liquefied natural gas (LNG) carrier newbuilding…
NORDANA Nominates Rickmers as General Agent in Japan
NORDANA Project and Chartering (NPC) and Rickmers (Japan) Inc. announced jointly that Rickmers (Japan) Inc. was nominated as sole General Agent of NORDANA Project…
Barges Break Free, Hit Starved Rock Dam
The U.S. Coast Guard is working the the U.S. Army Corps of Engineers and the owners of a tug and barges to quickly and safely move two barges that drifted into the protection walls of Starved Rock Lock and Dam in Utica, Illinois, Sunday afternoon. The Joyce Hale, a 157-foot towing vessel, was pushing eight barges of dry cargo south on the Illinois River when two of the eight barges it was pushing made contact with the protection walls of the Starved Rock Lock and Dam.
Carnival Orders Two Ships from Meyer Turku
Carnival Corporation & plc, Meyer Werft and Meyer Turku today announced a multi-billion Euro contract for four 180,000 gross ton large next-generation cruise ships.
Inmarsat, KVH Industries Sign Reciprocal Distribution Agreement
Inmarsat and KVH Industries, Inc., today announced the signing of a reciprocal distribution agreement with immediate effect. Under the agreement, KVH becomes a non-exclusive…
Beaching Ban Bad for Ship Recycling Industry
On Monday 20th of April 2015, Michael Grey of Lloyds List published the article "Name-calling bullies" where he outlined his opposition to the idea of banning beaching…
Shipping Faced with a Positive, Yet Complex, Changing macroeconomics landscape
The global macroeconomic scene has become more volatile, with prominent factors such as oil prices and global currencies causing a commotion. This is resulting in…
G6 Alliance Enhances Asia/North America Service
In response to market demand, members of the G6 Alliance today announced service enhancements in the Asia – North America (Pacific Southwest) trade. The CC2 service…
Damen Coordinating European Innovation Project LeanShips
The European Innovation Project LeanShips – Low Energy And Near To Zero Emissions Ships – will demonstrate the effectiveness and reliability of energy saving and…
Statoil Awards Johan Sverdrup Drilling Contracts
Statoil, on behalf of the Johan Sverdrup licence, has awarded two contracts at a total value of more than NOK 4.35 billion to Odfjell Drilling for drilling wells on the Johan Sverdrup field.
Repower and More for the Cornelia Marie
One of the best-known commercial fishing vessels in the world, the Cornelia Marie, has just undergone life-extending surgery. The Bering Sea crabber has gained a…
Rolls-Royce Wins Order for Live Fish Carrier
Rolls-Royce has signed an order for a Live Fish Carrier. This will be the third vessel developed by Rolls-Royce for the Norwegian ship owner Sølvtrans AS, one of…
Malaysian Tanker Missing
The Malaysian-registered vessel MT Orkim Harmony carrying 6,000 metric tonnes of RON95 petrol went missing in the South China Sea near Johor on Thursday (June 11).
Ezra Wins UK North Sea Contracts
Offshore service provider Ezra Holdings has announced that subsea division, EMAS AMC, has won global contracts values at over $115m including options, reports Business Times.
UAE Cargo Handler Tests Florida Waters
Sharjah-based ports operator Gulftainer has opened Canaveral Cargo Terminal at Port Canaveral in Florida in the US for business. Gulftainer, a subsidiary of UAE…
