Yamal LNG Project on Track, Says Russia's Sberbank
Russia's Yamal LNG liquefied natural gas project is on track and will be profitable even with low oil and gas prices, Sberbank Chief Executive German Gref said on Tuesday. "This is the most expensive project, (it) will completely change the gas economy of the country," he told President Vladimir Putin. (Reporting by Denis Dyomkin; writing by Vladimir Soldatkin)
Steel Delivered to Build Russia’s New Icebreakers
OJSC Magnitogorsk Iron and Steel Works (MMK) has been selected as the key steel supplier in the construction of nuclear icebreakers (Project 22220) at the Baltic Shipyard…
ECSA Leads Holistic Approach to Maritime Security
European shipowners have widened the scope of the former European Community Shipowners’ Associations (ECSA) Piracy Working Group, now renamed ECSA Maritime Security Working Group in a move aiming to keep the European shipping industry abreast of maritime developments. According to ECSA, topics under the remit of the new working group range from piracy and armed robbery at sea to cyber security, as well as the humanitarian crisis in the Mediterranean…
Damen ASD Tug Delivered to Clyde Marine
Clyde Marine Services has taken delivery of its first Damen ASD Tug, the shipbuilder announced today. The Damen ASD 2310 has been named CMS Warrior, and she will join a 12-strong fleet of tugs and crew tenders at the Scottish company. Based in Greenock, Scotland, Clyde Marine Services was established in 1913 and has a long history of working with Damen vessels. The first experience of a Damen vessel was when the marine services company bought a Damen Pushy Cat in the mid-eighties.
Two More Secondhand Bulkers for Seanergy
Dry bulk shipper Seanergy Maritime Holdings Corp. has taken delivery of two secondhand Capesize dry bulk vessels, renamed M/V Gloriuship and M/V Squireship, to be employed in the spot market.
Mega Cranes Commissioned at Port of Houston
The Port of Houston Authority last week commissioned the first of four new Super Post-Panamax ship-to-shore (STS) cranes at its Barbours Cut Container Terminal.
Oil Tankers Queueing in US Gulf Seen as New Symbol of Glut
A traffic jam of oil tankers has emerged along the U.S. Texas coast this month, a snarl that some traders see as the latest sign of an unyielding global supply glut.
BP Suspends Chirag Platform for Maintenance
BP has suspended operations at Chirag, one of its platforms in the Caspian Sea, for planned maintenance, the British oil company said on Tuesday. "Operations at Chirag have been suspended today for planned maintenance for 25 days," BP-Azerbaijan said in a statement. It said the work would maintain the ability of the platform to produce in a safe, reliable and environmentally sound way and added that oil exports would continue according to the schedule.
China Says Unaware of Plan to Discuss Sea Dispute at APEC
China is not aware of any plan to discuss the disputed South China Sea at an Asia Pacific leaders' summit next week, a senior Chinese diplomat said on Tuesday, amid…
Oil Price to Rise Gradually to $80 by 2020 -IEA
Oil is unlikely to return to $80 a barrel before the end of the decade, despite unprecedented declines in investment, as yearly demand growth struggles to top 1 million barrels per day…
Search On For Missing Sailboat in Gulf of Mexico
The Coast Guard is searching for an overdue boater near Main Pass in the Gulf of Mexico, Monday. Missing is Keith Carver, 61, of Tucson, Az. Carver's girlfriend…
Presentations by Caterpillar at Baird Conference
Caterpillar Inc. Group President of Energy & Transportation Jim Umpleby and Director of Investor Relations Rich Moore will speak at the Baird 2015 Industrial Conference on Wednesday, November 11.
Seaspan Announces Senior Management Changes
Seaspan Corporation announced that Sai Chu, Chief Financial Officer, has informed of his resignation and retirement from Seaspan effective November 6, 2015, after…
Naming Ceremony of LNG JUROJIN
Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG JUROJIN, which is co-owned by MOL and Kansai Electric Power Co., Inc.
Glander Appoints Hawkins as Trader & Team Leader
Glander International Bunkering, a leading marine fuel, lubricant trading and brokering company welcomes Joshua Hawkins as Bunker/Lubricant Trader and Team Leader for the Geneva office.
Seamen’s Unity Day Celebrated
The Indian seafarers celebrate 6th November as the Seamen’s Unity Day. The National Union of Seafarers of India (NUSI) commemorated the occasion as is done annually on the 6th of November…
Essar is 'Dry Bulk Line of the Year'
Essar Shipping, one of India’s leading shipping companies, today said that it has won the prestigious Diamond Category Award for “Line of the Year (Dry Bulk)” at…
Tariffs Hiked at Rotterdam Port
The tariffs which visiting sea-going vessels pay in Rotterdam will increase by 0.5% next year. That is half of the past year’s inflation rate. This is in accordance…
Hanjin-Hyundai: No Merger or Only Restructuring?
South Korea’s government is discussing whether to merge or sell Hanjin Shipping and Hyundai Merchant Marine in an attempt at state-led industrial restructuring.
Nordic Tankers joins forces with Borealis Maritime
Nordic Tankers and Borealis Maritime Ltd has announced the intention to form a jointly held company, Crystal Nordic A/S – a strong player in the short-sea, ice class…
