Senator Urges Obama Admin to Detail Oil Swaps with Mexico
One of the U.S. Senate's top advocates for lifting the ban on domestic crude exports urged the Commerce Department on Thursday to disclose whether any oil swaps with Mexico have actually been finalized after the agency approved the transactions in August. Administration officials told Reuters in August that the Commerce Department was "acting favorably on a number of applications" to export U.S. crude in exchange for imported oil from Mexico…
Conoco CEO: Lifting U.S. Oil Export Ban on Wish List
The head of U.S. The comments come amid intensifying debate in Washington on whether to reverse the 40-year-old ban, imposed after the Arab oil embargo. A Republican-sponsored bill to repeal it passed the House of Representatives last week, but faces an uncertain future after a veto threat by President Barack Obama. "Allowing exports would ... help save existing jobs and create new jobs," Conoco's CEO…
GD Wins $24 mln for Submarine Planning
The U.S. Navy awarded General Dynamics Electric Boat a $24.1 million contract modification to perform reactor-plant planning yard services for nuclear submarines and support-yard services for moored training ships. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). Initially awarded in November 2011, the contract has a potential cumulative value of $121.2 million through 2016 if all options are exercised and funded.
ALMACO: New Crew Cabins for RCI Mega Cruis Ships
Press Release -- ALMACO’s Modernization team sailed onboard Royal Caribbean’s Quantum of the Seas and Anthem of the Seas to perform turnkey deliveries of 17 new crew cabins on deck 2. The scope of work for each of the ships involved the dismantling of the existing crew-dedicated Windjammer, the assembly of the 17 new cabins, new corridors, and the electrical and piping works in line with the physical changes.
Fifth Z-drive Towboat from Master Marine
In September, Marquette Transportation Co. took delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Alabama. The 78 x 34 x 11-ft. St.
Hurricane Patricia Strengthens, Heads for Mexico's Pacific Coast
Hurricane Patricia was gaining strength off Mexico's Pacific coast on Thursday and was expected to land as "an extremely dangerous major" storm near a major shipping port and the tourist resort of Puerto Vallarta, the U.S. National Hurricane Center said. The storm, which became a hurricane overnight, had maximum sustained winds of about 100 miles per hour (160 km per hour) as it moved toward the west-northwest at 17 mph (28 kph).
Mega Maritime: Heavy Lift for FPSOs
When the Dockwise Vanguard was conceived, Dockwise, part of the Boskalis Group, had a vision for a new market - transporting the world’s largest cargoes, including FPSOs (floating production storage and offloading vessels). It hasn’t taken the vessel, the largest heavy transport vessel in the world, long to prove its worth, as well as the feasibility of such a feat. The vessel has currently transported its first ship-shaped FPSO cargo…
Port of Kiel: Cruise Shipping Sets Passenger Record
Press release- This year’s cruise shipping season in Kiel was ending on Tuesday October 20th with a visit by the “AIDAcara”. Overall the port registered 133 calls this year by 25 different ships with a total tonnage of more than 8.6 million GT (an increase of 19.4% over last year). The port’s cruise terminals saw 458,771 passengers (29.6% more than in 2014) board or leave a cruise ship. Dr Dirk Claus, Managing Director of the PORT OF KIEL (Seehafen Kiel GmbH & Co.
First FSRU "Made-in-China"
Wison Offshore & Marine Ltd. held a ceremony to celebrate the keel-laying of the EXMAR FSRU project, a barged-based floating LNG regasification unit, in the dry…
Oil Rises Back Over $48
Oil prices rose above $48 a barrel on Thursday, propelled by technical buying and as investors re-evaluated U.S. data that showed falling stockpiles of fuel as well as higher crude inventories.
Brazil Gives SBM Ultimatum in $250M Bribery Settlement
Brazil has told Dutch SBM Offshore NV, the world's top oil production ship leaser, to agree soon to a $250 million bribery settlement if it wants to regain its biggest…
Greek Dock Workers Walk Out Over Privatisation
Greek dock workers walked out on Thursday in protest at the planned privatisations of the country's two biggest ports, a condition of a multi-billion euro bailout from international lenders.
Austal launches HSSV for Oman Navy
Austal has launched the first of two 72m High Speed Support Vessels (HSSV’s) being built for the Royal Navy of Oman (RNO), yesterday. Hull 390 - the future RNOV…
MSC Silvia Joins Fleet
MSC Mediterranean Shipping Company today took delivery of the MSC Silvia, the latest of a brand new class of 9,400 TEU container ships from the leading ocean carrier.
Plastic Litter Sea Surface, Even in Arctic
In a new study, researchers from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) show for the first time that marine litter can…
Pirates Kidnap Four Seamen off Nigeria
On Monday, 19th October, armed pirates attacked and boarded a refrigerated cargo ship underway off the Niger Delta. They stole ship’s cash, destroyed equipment and…
GAC Takes Care of ‘Maersk Deliverer’ at Ngqura
A massive drilling rig has completed its latest Special Periodic Survey and is now back in active duty off the coast of Angola. GAC South Africa was appointed to…
SCPA Logs 10% 1Q Growth
South Carolina Ports Authority (SCPA) saw strong container volume growth during the first quarter of the 2016 fiscal year, with TEU volumes 9.5 percent higher than the same period last year.
CMA CGM Upgrades PAD Service
CMA CGM has made a service upgrade in New Zealand by adding a new call in Wellington on its Panama Direct Line (PAD) service starting November 23rd. The PAD service offers a connection between Europe…
Daiichi Trims Fleet
Financially-troubled Japanese dry bulk specialist Daiichi Chuo Kisen Kaisha plans to halve its current long-distance shipping fleet, reports Nikkei. The debt-ridden…
