World's First Barge-based FSRU Exits Dry Dock
The world’s first barge-based Floating Storage and Regasification Unit (FSRU) has undocked from dry-dock in Nantong, China, announced Wison Offshore & Marine, who provided EPC services for Exmar. Upon the undocking, topside installation has been completed, which paves the way for delivery. This is the first FSRU being built in China and the facility is to become the world’s first FSRU with small-scale storage capacity. This non-propelled FSRU barge has a regasification capacity of 600MMSCFD.
Shell, Phillips 66 to Lift SPR bbls
Oil companies Shell and Phillips 66 together bought 6.4 million barrels of oil last week from the Strategic Petroleum Reserve (SPR), according to a Department of Energy document released on Tuesday.
Royce to Power High-speed Italian Naval Vessels
The construction of two new high-speed multipurpose vessels (UNPAV) for the Italian Navy has recently begun at Intermarine’s Sarzana shipyard. Rolls-Royce has won the contract to supply engines and waterjets to power and propel the two new vessels, which will be used by the Operational Incursion Group (Gruppo Operativo Incursori or G.O.I), the Special Forces of the Italian Navy, for maritime traffic control…
FMC Commissioner Doyle Rejects Blanket Authorities for Foreign Ro/Ro Carriers
Commissioner William P. Doyle Votes to reject joint contracting authority for Ro/Ro foreign carriers to negotiate collectively for U.S.-Flag tug services. Doyle's Statement…
mltech Bags Caspian Contract
mltech, specialist in pipework set-up and measurement software development, has increased its global presence after securing its first contract in Baku, Azerbaijan.
School of Shipping, INTTRA Team up to Enhance Students' Readiness
South Africa-based School of Shipping, which offers adults an education in maritime studies specifically relating to importing and exporting, and INTTRA, the world's…
Container lines earned $42 less per TEU
The container shipping lines received an average rate 7% (USD 42) lower in 2016 than in 2015, if they operated in the spot market on all Shanghai Containerized Freight Index (SCFI) trade routes.
Eastern Delivers Tractor Tug to McAllister
Eastern Shipbuilding Group, Inc. has delivered the Twin Z-drive Reverse Tractor Tug JEFFREY McALLISTER to McAllister Towing and Transportation Co., Inc. on January 13, 2017.
Vancouver Port Hires Marle as Permanent CEO
The Port of Vancouver USA Board of Commissioners today voted 2-1 to hire interim CEO Julianna Marler as the port’s permanent CEO/Executive Director. Marler, who…
FSDEA to Invest in Port Infrastructure
The Fundo Soberano de Angola (FSDEA) Angola’s sovereign wealth fund, today announced that it has committed to invest $180 million in a strategic deep sea port in Angola.
Eimskip Acquires Mareco in Belgium
Eimskip has strengthened its position in worldwide reefer logistics services by acquiring 80% of the forwarding company Mareco N.V. The company was founded in 2002…
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