ExxonMobil Begins Production at Kizomba
Exxon Mobil Corporation announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started oil production ahead of scheduleā¦
Maritime Innovation Award for Subsea Industries
The 2014 Maritime Innovation Award, given jointly by the Royal Institution of Naval Architects and QinetiQ, has been presented to Subsea Industries for the product Ecolock.
APSEZ Ports Cargo Handled Up 28%
Adani Ports and Special Economic Zone Limited (āAPSEZā), Indiaās largest port developer and part of Adani Group, today announced the financial results for the fourth quarter and year ended March 31ā¦
Germany Mulls Maritime Ties with Iran
Germany and Iran seeks to develop economic relations in the field of maritime trade and ports for increasing the trade volume between the two countries, reports PressTV.
Maersk Vessel to be Released after Company Pays Debt: Iran
The Iranian Embassy in Denmark has reportedly said that a cargo ship recently impounded the Persian Gulf by Iranian Navy forces will be released if the shipās operatorā¦
Panama Okays New Canal Toll Structure
Panamaās cabinet council has approved a request by the Panama Canal Authority (ACP) to modify the canal toll structure and implement volume-based discounts for container ships.
NZ Ports to Turn Away Cruise Liner
Radio New Zealand says that ports of Auckland is set to turn away one of the world's largest cruise ships after agreeing with its council-owner not to build one of two planned wharf extensions.
62.9% of Dredging at New Suez Canal Finalized
Up to 157.260 million cubic meters of water-saturated sand have been dredged so far as part of the Suez Canal Development Project, said executive director supervising the dredging process Wagdi Zakiā¦
BP Shipping Turns 100
BP Shipping celebrated its 100-year anniversary yesterday, making it the longest continually operating company in the group. Formed on April 30, 1915 as the British Tanker Companyā¦
Dozens Fell Sick on Holland America Cruise Ship
About 60 guests aboard Holland America cruise ship Maasdam reported to the infirmary with the virus about one week into the cruise. The passengers on the MS Maasdamā¦
Kongsberg Maritime to Equip Yinson Genesis FPSO
Kongsberg Maritime has been selected to supply a complete Electrical, Instrument and Telecom solution, including E- house, for the new Yinson Production (West Africa) Pte Ltd FPSO, āYinson Genesisā.
T&T Salvage Completes OPA 90 Response in the Great Lakes
T&T Salvage was activated under its Salvage and Marine Firefighting Agreement to respond to a 600-foot laker that went aground on the St Maryās River near DeTour Village, Mich. T&T Salvageās naval architects and salvage master then developed a comprehensive salvage and lightering plan to ensure the safety of the ship, crew and responders, while protecting the environment. Once the salvage plan was approved by the Coast Guard and with T&T salvage personnel overseeing operations onboard the shipā¦
Canada to Scale Back Plan for Navy Ships, Go Over Budget
Canadian officials said on Friday a C$26.2 billion ($21.5 billion) program to build 15 naval ships could end up below target and over budget, the latest challengeā¦
US Navy is Buying the Wrong Ship, Costing Taxpayers Billions
The United States will spend $585 billion on its armed forces in 2015 ā the biggest military budget in the world by far. Thatās just the Defense Department budget and doesnāt include the tens of billions of dollars that Washington spends on veterans, the purview of the Veterans Administration, or nuclear-weapons development, which falls under the Department of Energy. Thereās tremendous pressure in Congress to spend less.
FEIS for Magnolia LNG Project Due in November
The Directors of Liquefied Natural Gas Limited advised that the United States Federal Energy Regulatory Commission (FERC) has issued the Notice of Schedule for Environmentalā¦
ABS Reports āStellar Growthā in 2014
Classification society American Bureau of Shipping (ABS) hosted its Annual Meeting in New York on April 28, 2015. ā2014 was a year of firsts and excellence in performance for ABS,ā said Christopher J. Wiernicki, ABS chairman, president and CEO. In 2014, the ABS-classed fleet grew by more than 7 percent year-on-year to 221 million gross tons (gt). ABS captured more than 31 percent of the liquefied natural gas (LNG) carrier orderbook and 23 percent of the very large LPG carriers on order.
Canada Announces Funding for Commercial Fishing Safety
Canadaās Minister of Transport Lisa Raitt, joined by Members of Parliament from Atlantic Canada, announced a new Commercial Fishing Safety component of the Governmentā¦
Yangzijiang Shipbuilding in Early Talks on Rongsheng Investment
China's Yangzijiang Shipbuilding Holdings Ltd is considering a possible investment in troubled peer China Huarong Energy Co Ltd , formerly known as China Rongshengā¦
US Navy Might Accompany Other Nations' Ships in Strait of Hormuz
The U.S. military signaled on Friday it may allow warships to accompany other nations' vessels through the Strait of Hormuz, after Iran's seizure of a containerā¦
Ports Association Praises Harbor Funding Legislation
The American Association of Port Authorities (AAPA) lauded H.R. 2028, the U.S. House of Representativesā fiscal 2016 Energy and Water Appropriations bill that passed today, together with two bipartisan amendments included in the bill. Of particular interest to AAPA is the portion of the bill that funds the U.S. Army Corps of Engineersā navigation program, which manages improvements and maintenance of federal navigation channels at U.S. ports. The first amendment, offered by Rep.