QP, Chevron Ink Offshore Moroccan Deal
Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from…
IOCs Stress on OSV Fuel Management Performance
Growing insistence by international oil companies (IOCs) that oilfield contract vessels (OSVs) are fitted with fuel monitoring systems has prompted an upsurge in…
CMA CGM Increases Port Calls and TEU Capacity
French container line CMA CGM has announced imminent changes to its PCRF line service which links Northern Europe with the French West Indies, by adding two new…
Hess sells Shannon LNG Terminal
New York-based energy company Hess has sold Shannon LNG, a proposed gas-import terminal in County Kerry, Ireland’s Sunday Independent has reported. The newspaper did not name the buyer for the site.
Attempts to Move Containership CSCL Indian Ocean Aground in Elbe Successful
The last five days stuck in Elbschlick 400-meter (1,312 feet) CSCL Indian Ocean, the 19,000 teu vessel aground on the river Elbe, owned by China Shipping Group Co., is available again.
Australia Submarines: It is Japan vs. France
While Japan is confident it has proven itself the best contender to build Australia's new submarines, the French have moved to undermine Japan’s bid to build the navy’s new submarines.
Elbit Systems Introduces Seagull
Israel’s Elbit Systems unveiled a prototype of what it claims is the world’s first unmanned system for anti-submarine warfare (ASW) missions. Developed in less than…
States Urged to Ratify Compensation Regime for Hazardous and Noxious Cargoes
The International Maritime Organization (IMO), together with the International Oil Pollution Compensation Funds (IOPC Funds) and the International Tanker Owners Pollution Federation (ITOPF)…
China's LNG Demand Falls
China's import of liquefied natural gas (LNG) fell 1.1% in 2015, marking the first year-on-year decline since imports began in 2006, according to a report by the…
