Höegh LNG - LNG Libra sold
Höegh LNG Holdings Ltd. has sold the LNG carrier LNG Libra (built 1979) to a Chinese energy company for around USD 20 million. The Company has received 15% of the…
Strong Half Year for Antwerp Port
The port of Antwerp handled 104,529,242 tonnes of freight in the first six months of this year, up 6.4% on the same period last year. The strong performance during…
Cargo Volumes Rise at St Petersburg
In the first half of 2015 the turnover of OJSC “Sea Port of Saint-Petersburg” (SP SPb) amounted to 4.3 mln tons, which is by 5% more than the indicator of the same period during the last year.
Iran Offers India Bigger Role in Developing Port of Chabahar
The port of Chabahar in southeast Iran is central to India's efforts to circumvent arch-rival Pakistan and open up a route to landlocked Afghanistan where it has…
Ukraine, Frontera Sign Construction of LNG Terminal
Ukraine's NJSC Naftogaz signed a memorandum of understanding with U.S. Frontera Resources on the construction of a liquefied natural gas (LNG) terminal in Ukraine…
Uruguay LNG Terminal on Schedule
Uruguay's state-owned Gas Sayago said civil works for an LNG regasification terminal are due to begin again after five months of delays, putting back on track a…
Shreyas Acquiring Additional Vessels to Expand Fleet
Mumbai-based Shreyas Shipping and Logistics Ltd (SSL), part of global conglomerate Transworld Group, has acquired two container ships to boost its fleet to 8 vessels from earlier 6 vessels.
Stiff Challenges Await Indian LNG Terminals
India's new LNG import terminals will face major challenges due to price sensitive demand, ICRA said in its latest update on gas utilities sector. "Crowding of regasification…
China to Roll out World's Largest Sea Plane
China has started assembling the world's largest amphibious aircraft which it plans to deploy in the disputed South China Sea besides aggressively marketing it abroad, state-run China Daily reported.
China Conducts 8-day Naval Drills in Yellow Sea
China has launched regular military exercises in the Yellow Sea and the Bohai Strait, says the Chinese People's Liberation Army's Daily, the Chinese military's official newspaper.
Port of Rotterdam Records Increased Throughput
Total throughput at the Port of Rotterdam grew by almost 7% in the first half of 2015 thanks to a surge in oil products movements. The port attributed their growth…
Delfin LNG Submits Application for Deepwater Port Export Facility
Delfin LNG has applied to construct, own and operate an offshore deepwater port export facility located approximately 50 miles south of the Texas/Louisiana border in the Gulf of Mexico.
Salvors Remove Debris Left by Environmental Protesters
Dive and salvage teams worked to remove debris used as anchor blocks by environmental activists protesting Shell’s Arctic drilling aboard a barge in Seattle’s Alki Seacrest Park on May 19. A dive team from Global Diving & Salvage, Inc., along with divers from Global Underwater Explorers (GUE) Seattle, collaborated to remove several concrete blocks and thick steel mooring cables that held barge Solar…
New 43m DSVs Designed by Incat Crowther
A pair of 43m Monohull Dive Support Vessels has been designed by Incat Crowther, with input from the builder and operator, to meet RINA class requirements for special service, diving and dynamic positioning. The vessels are currently under construction at Arpoadar Engenharia, in Guaruja, Brazil and will be delivered to Oceanica Offshore for service in Brazil with Petrobras. The aft main deck features a large working deck to house the Hyperbaric Chamber…
Draft Reef-net Tender: A Unique Vessel for a Unique Fishery
“We use 10,000 pound anchors on the nets,” said Keith Carpenter as he explained the complexities of this traditional salmon fishery. Carpenter is the president of Lummi Island Wild, the organization that manages and markets the catch from several reef nets. Carpenter was explaining the need for the 12-inch moon pool and heavy winch located forward and midships on the deck of the newly launched Galactic Ice. “When we have to move an anchor we will send down a diver to attach a line.
MES Delivers Ninth Eco-Ship Bulk Carrier
Japanese shipbuilder Mitsui Engineering & Shipbuilding Co., Ltd. (MES) announced it has completed and delivered a 66,000 dwt type bulk carrier M.V. Draftvader (MES Hull No.1881) at its Tamano Works on July 17, 2015 to Solaris Marine Ltd., Liberia. The vessel is the ninth ship of the builder's "neo66BC" series, the wide beam shallow draft vessel of its “neo series” lineup. Service Speed abt.
Iran Offers India Bigger Role in Strategic Port
Iranian President Hassan Rouhani has asked India to invest in infrastructure projects worth $8 billion, including an expanded role in developing a strategic port…
Hapag-Lloyd Modifies West Africa, Northern Europe Service
Standalone West Africa Express service (WAX) offers improved transit times, connection to Hapag-Lloyds global service network. Effective August 10, Hapag-Lloyd will offer its customers an improved service between West Africa and Northern Europe, the company announced today. The new West Africa Express service (WAX) provides transits to and from key markets, for instance 13 days from Antwerp to Dakar, and from Abidjan to Antwerp in only 11 days.
Wärtsilä Cuts 600 Jobs, Cites Weak Market
Wärtsilä announced a realignment of its Ship Power business, now renamed Marine Solutions. The reorganization, triggered by “sluggish global marine market situation” will see the reduction of approximately 600 jobs across Wärtsilä Marine Solutions' global operations, of which some 160 will be in Finland. Wärtsilä says it hopes the realignment will bring annual savings of around €40 million, the effect of which is expected to gradually materialize beginning from the third quarter of 2015…
ENSCO DS-9 Drillship Contract Update
ConocoPhillips today for its convenience provided a notice of termination for the three-year ENSCO DS-9 drillship contract. Under the terms of the contract, ConocoPhillips…