Indonesia Awards Oil Blocks to Shell, Petronas, Pertamina
Indonesia's state-owned Pertamina, Royal Dutch Shell, and Malaysia's Petronas were among the companies awarded 11 Indonesian oil and gas blocks last year, government officials said on Wednesday.
Vietnam, Australia Call for South China Sea 'Restraint'
Vietnam and Australia called on Wednesday for "self-restraint" in the South China Sea and warned against the unilateral use of force, an obvious reference to China's…
DP World Parent Completes $1.2 bln Loan
Port and Free Zone World (PFZW), the holding company for Dubai-based ports operator DP World, has closed a $1.2 billion loan deal, banking sources aware of the matter said on Wednesday.
Statoil: New Offshore Indonesia License Awarded
Statoil was today awarded new exploration acreage through the Aru Trough I licence offshore Indonesia. The licence covers an area of approximately 8,300 square kilometres…
ICTSI Chairman Visits Basra Gateway Terminal
Enrique K. Razon Jr., International Container Terminal Services Inc.(ICTSI) chairman and president, recently visited Basra Gateway Terminal (BGT), ICTSI’s subsidiary in the port of Umm Qasr, Iraq.
Wärtsilä, VTT Contribute to Propulsion Research
A new technology research programme aimed at developing propulsion products specifically for operating in arctic conditions has been implemented with Wärtsilä and VTT…
GoFree Debuts Lake Insight & Nautic Insight Cartography
GoFree – the provider of digital content and services, and part of the Navico family of marine electronics brands including Lowrance, Simrad Yachting and B&G – announced…
SBM Offshore, CGU, AGU Sign MoU
The Comptroller General's Office (CGU), the Attorney General's Office (AGU) and SBM Offshore today signed a Memorandum of Understanding (MoU). The MoU sets a framework between the Company…
Metal Shark Wins US Navy Contract
Louisiana-based shipbuilder Metal Shark has been awarded a $15,309,410 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the construction of…
Yusope Joins Dan-Bunkering as Bunker Trader
Dan-Bunkering (Singapore) Pte. Ltd. informed that Emelia Yusope has been employed as Bunker Trader. Emelia started her career at Dan-Bunkering in the middle of February this year.
Container Volumes Drop at Port of LA
February cargo volumes at the Port of Los Angeles decreased 10.2 percent compared to the same period last year, due to terminal congestion and supply chain challenges…
Indonesia Restricts Foreign Vessels to Spur Local Shipbuilding
Indonesia will begin restricting foreign vessels transporting domestic aquaculture products in Indonesian waters to encourage growth for domestic shipbuilders from next year.
Putin Puts Northern Fleet on Full Combat Alert
Russian President Vladimir Putin put the nation’s northern fleet on full alert in the Arctic Ocean this week, as the U.S. and several Eastern European NATO countries…
Boskalis Wins Panama Artificial Island Contract
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by Compañía Insular Americana SA to construct a second artificial island off the coast near…
South China Sea Case: Philippines' New Evidence against China
The Philippines has submitted to a United Nations tribunal supplemental evidence for its arbitration case against China over disputed territories in the resource-rich South China Sea.
US Urges Asia for a Joint Move in South China Sea
The commander of the U.S. Navy Seventh Fleet Vice Admiral Robert Thomas urged Southeast Asian nations to form a combined maritime force to patrol areas of the South…
Queen Mary 2 Skips Wellington
Mega-cruise ship Queen Mary 2 has ditched its Wellington visit with the capital in sight on account of heavy swells caused by Cyclone Pam. The Queen Mary 2 was due…
Sweden Orders New Submarines
Sweden is to buy two new submarines from constructors Saab Kockums. The A26 subs are to be delivered by 2022 and will cost up to SEK 8.2 billion ($945 million).
Russian Submarine Seen Near Latvian Waters
The Latvian armed forces spotted a Russian submarine in the exclusive economic zone of Latvia on March 16, reports BBC. The warship was seen at a distance of 27…
Beier Radio Marks 70 Years Serving Global Marine Industry
Beier Radio, Inc. marks its 70-year anniversary in 2015 providing engineering, sales and service for marine electronics around the globe. During its 70 years in business, Beier Radio has grown from being one of the first marine electronics distributors in the southern United States to a worldwide leader in integrated vessel control, navigation and communications systems as well as mariner training.
