Russia Halts Oil Exports from Novo Due to Storm
Russian oil exports from the Black Sea port of Novorossiisk were suspended on Sunday due to storm, oil pipeline monopoly Transneft said on Monday. It also said that…
Sweden Drops Objections to Port Striking Nord Stream Deal
Sweden's government has dropped its objections to a plan by Russia's Gazprom to use the port of Karlshamn in southern Sweden as a base for the construction of its Nord Stream 2 gas pipeline…
Russia Ramping Up Arctic Push
The nuclear icebreaker Lenin, the pride and joy of the Soviet Union's Arctic great game, lies at perpetual anchor in the frigid water here. A relic of the Cold War, it is now a museum. But nearly three decades after the Lenin was taken out of service to be turned into a visitor attraction, Russia is again on the march in the Arctic and building new nuclear icebreakers. It is part of a push to firm Moscow's hand in the High North as it vies for dominance with traditional rivals Canada…
LPG Tanker Collides with Indian Ship Off Chennai
A gas tanker from Oslo-listed shipping company BW LPG has collided with an Indian ship off the coast of Chennai in India, a BW LPG executive said on Monday. The BW Maple…
Ship Operator Toisa Files for Bankruptcy
Shipping company Toisa Ltd filed for U.S. Chapter 11 bankruptcy as falling demand for the Bermuda-chartered company's oil-and-gas supply vessels left it running short of cash, according to court documents. Toisa, owned by Greek shipping magnate Gregory Callimanopulos, has a global fleet of 26 offshore oil service vessels, 13 tankers and seven bulk ships, according to documents filed with the U.S. Bankruptcy Court in Manhattan.
UAE Shipyard Begins Operations as Albwardy Damen
Albwardy Marine Engineering and Damen Shipyards Sharjah have officially brought both brands together under one umbrella. Under the new name, Albwardy Damen, the United Arab Emirates-based shipyard will continue to construct newbuild steel and aluminum vessels as well as provide the same ship repair services to its marine and oil and gas customers in the Middle East. Albwardy Marine Engineering was founded in 1978 and has been a joint venture with Damen Shipyards Group since 2008.
New Water Taxis Get Scania Power
Scania announced a deal with Potomac Riverboat Company, part of the Entertainment Cruises family, which will take delivery of eight DI13-liter engines in 2017 to power its high-speed, low-wake water taxis as part of The Wharf neighborhood in Washington D.C. The 88-foot vessels will carry 149 passengers and will be built by Louisiana-based Metal Shark, to specifications from BMT Designers and Planners.
Five Fishermen rescued off Balbriggan Coast
Five crew members have been rescued from a fishing vessel that got into difficulties off Balbriggan shortly after 5.15 this morning. The Dublin based Coast Guard helicopter…
Sovcomflot tankers Move one mi tonnes oil from Novy Port O&G condensate field
Sovcomflot’s three unique Arctic shuttle tankers, of the Shturman Albanov series, have now transported one million tonnes of crude oil produced at the Novy Port oil and gas condensate field…
Wärtsilä BWM Systems for CMA CGM Newbuilds
Four new 3,300 TEU containerships being built for the French shipping group CMA CGM will feature Wärtsilä Ballast Water Management Systems (BWMS). This is the third…
Air Warfare Destroyer Hobart Acceptance Sea Trials Begins
Today marks a significant milestone for the first Air Warfare Destroyer, Hobart, as the next phase of sea trials commence in Adelaide. Hobart will sail into waters…
NASSCO starts construction of ESB 5
On Wednesday, January 25, General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), began construction on a fifth ship for the U.S. Navy’s…
PIL Sign MOU with Guangzhou Nansha Development Zone
A memorandum of understanding (MOU) was signed between Pacific International Lines (PIL) Group and China Guangzhou Nansha Development Zone. This MOU facilitates to increase trade cooperation…
GasLog Partners closes public offering
GasLog Partners LP today announced the closing of its public offering of 3,750,000 common units representing limited partner interests (the "common units"). The…
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