JIP Produces Next-generation LNG Carrier Design
The LNGreen joint industry project brought together experts from DNV GL and industry specialists from GTT, Hyundai Heavy Industries (HHI) and the shipowner GasLog to develop a state-of-the-art next-generation LNG carrier. Combining the knowledge and experience of each of the project’s partners, developers say the vessel concept offers improved environmental footprint, energy efficiency, boil-off rate and cargo capacity, making it better suited to future trading patterns than existing vessels.
Sanction Free Iran to Accrue Strong Investment
After 10 years of diplomatic negotiation, the UN P5+1 countries (the U.S., the U.K., France, China, Russia and Germany) reached an agreement to unwind economic sanctions…
Concerns Remain Over the Use of Low-sulphur Fuel
As a global move toward using cleaner fuel takes place, countries are forming new or reforming old regulations which see jurisdictions increasingly demanding the…
Libyan Planes Sink Ship, Attack Another near Benghazi
Libyan war planes sank one ship and attacked a second vessel on Sunday near the eastern city of Benghazi, military spokesmen for the country's internationally recognized government said on Monday.
NNPC Bans 113 Oil Tankers from Nigerian Waters
Nigeria's state oil company NNPC has banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari, in what traders said could…
Barge Collision Spill Impacts Houston Ship Channel
A section of a key Gulf Coast waterway was shut after two barges collided Monday, setting one afire and possibly spilling a gasoline additive near the entrance to the Houston Ship Channel, the U.S.
Vallianz Signs $458mln Contracts to Extend OSV Charters
Singapore's Vallianz Holdings has signed new contracts worth up to US$458 million (S$628 million) that involve lengthening the charter duration of 19 of its offshore…
Market Rife Merger Talk, NOL Says Not Yet
As Singapore's sovereign wealth fund, Temasek, readied is to sell Neptune Orient Lines (NOL), the market has been rife with merger talk with Hong Kong's Orient Overseas…
BW Group Buys Dorian Stake
Scorpio Tankers Inc has agreed to sell its 6 million common shares of Dorian LPG Ltd to BW Euroholdings Limited, a wholly owned subsidiary of BW Group Limited, for…
Maersk Starts Weekly Service through Port of Jacksonville
The Port of Jacksonville (JAXPORT) has welcomed the 4,400 teu AS Mariana, the first ship in Maersk Line’s new weekly service to Asia through at the port’s Blount Island Marine Terminal.
Latvia Spots Russian Submarine
The National Armed Forces of Latvia said they found a submarine on Sunday and a group of Russian warships in the exclusive economic zone of Latvia. The Sputnik reports…
Indian Naval Chief to Visit Singapore, Thailand
With an effort to consolidate the Navy-to-Navy cooperation and to strengthen the relationship in tune with India’s Act East policy, Chief of Naval Staff (CNS) Admiral…
Crystal Cruises Plans for Expansion
Crystal Cruises announced an expansion plan under new owners Genting Hong Kong that includes three 1,000-passenger vessels, its first new ships in decades. Plus…
Daewoo Shipbuilding Bags LNG Carrier Order
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering said it has received an order for a new LNG carrier from a ship management specialist Chandris of Greece.
Next LCS to be USS Cincinnati
Secretary of the Navy Ray Mabus announced today that the next Independence variant littoral combat ship will be named USS Cincinnati (LCS 20). LCS 20 will be the…
Christening of LCS Little Rock
The Navy’s newest littoral combat ship (LCS), the future USS Little Rock (LCS 9), will be christened Saturday, July 18, during a 10 a.m. CDT ceremony at Marinette…
USCG Medevac Man from Sailboat on Lake Huron
U.S. Coast Guard crews conducted a MEDEVAC of a 74-year-old man from a 35-foot sailboat involved in the Bell's Beer Bayview Mackinac Race early Sunday morning on northern Lake Huron.
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