Traders Rush to Ship US Oil as Export Window to Asia Opens
Oil majors and trading houses are set to ship an unprecedented volume of U.S. crude oil to Asia in coming weeks, boosting already high flows to the region due to higher prices from OPEC production cuts. Traders have estimated that some 700,000 to 900,000 barrels per day is set to leave the United States in February, with the majority of the cargoes headed to Asia. That volume would be the highest monthly level on record, according to the U.S.
Gladding-Hearn Delivers to Michigan Pilots
The Lake Pilots Association, District 2, in Port Huron, Mich., has accepted delivery of Huron Spirit, a new Chesapeake Class pilot boat from Gladding-Hearn Shipbuilding, Duclos Corporation. With a length overall of 52.5’, a beam of 16.7’, and a draft of 4.8’, the all-aluminum pilot boat features the C. Raymond Hunt-designed Deep V hull. It is powered by twin Cummins QSM11 diesel engines, each delivering 602 Bhp at 2300 rpm and a top speed of 25 knots.
Lockheed Martin Backs UK Cyber-Training Initiative
The British arm of U.S. defence major Lockheed Martin said on Friday it would back a UK government initiative to train students in cyber security to combat a growing skills gap in the area.
Damen Takes Control of Curaçao Yard
Damen Shiprepair & Conversion (DSC) has taken over the management of the Curaçao Droogdok Maatschappij (CDM) as of February 1, 2017, following an agreement between the Government of Curaçao and Damen Shipyards Group in September 2016. The location will now continue its activities under the name of Damen Shiprepair Curaçao (DSCu). With this step in Curaçao, part of the Kingdom of the Netherlands, Damen expands its ship repair activities across the Trans-Atlantic Ocean.
US Navy Destroyer to Patrol off Yemen amid Iran Tensions
The United States has sent a Navy destroyer to patrol off the coast of Yemen to protect waterways from Houthi militia aligned with Iran, two U.S. officials told Reuters on Friday…
India Impounds Ships, Detains Crew Over Oil Spill
Port authorities in Chennai have impounded a BW LPG vessel and a local ship carrying heavy fuel oil, and detained their crews, a spokesman for the port said on Friday…
IMO Accepts IMCA Paper as Basis for Updating DP Guidelines
The International Maritime Organization (IMO) has agreed to continue using the International Marine Contractors Association (IMCA) document covering the Guidelines for Training and Experience of Key DP Personnel as the basis of the IMO Guidelines for Dynamic Positioning System (DP) Operator Training (MSC/Circ.738). The IMCA Guidance on the Training and Experience of Key Dynamic Positioning Personnel (IMCA M 117) has recently been revised and earlier this week IMO Sub-Committee on Human Element…
Kongsberg Eyes Key Contract in German-Norwegian Submarine Deal
Norwegian conglomerate Kongsberg Gruppen aims to supply command and control systems to the submarines that Norway and Germany plan to order from Germany's Thyssenkrupp…
Port of Seattle CEO Resigns
Port of Seattle CEO Ted Fick tendered his resignation at a public port commission meeting Thursday after more than 2.5 years at the helm. Fick was recently placed on paid administrative leave due to “personnel issues” and the separation was described as “mutual”. “We accept the resignation of Ted Fick, and acknowledge his desire to return to the private sector,” said Commission President Tom Albro.
Asia Tankers-VLCC Rates to Hold Steady
25 MidEast cargoes still to be fixed; VLCC rates fall to 4-month low. Freight rates for very large crude carriers (VLCCs), which hit a four-month low on Thursday…
'Chaotic' Shift to Cleaner Shipping Fuel Looms
The biggest change in shipping fuel for decades is three years away, but shipping and refining companies need to be taking action now to ensure the world will have…
APL extends West Coast Service
APL today announced that its West Coast Service (WCS) will be serving an additional port in Callao, Peru, expanding the service’s port coverage in South America West Coast.
Keppel Shipyard to deliver FPSO
Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading…
NYK PCTC Rescues Sailors off Bermuda Coast
Hercules Leader, a pure car and truck carrier (PCTC) operated by NYK, rescued six yachtsmen in distress off the coast of Bermuda on January 19. While Hercules Leader was sailing from the U.S.
Expedition to Glaciers of Antarctic
How has the West Antarctic Ice Sheet changed in response to alternating warm and cold time periods? And what does it mean for the sea level – today and tomorrow?
Gothenburg Port volumes Rise
Freight volumes at the Port of Gothenburg rose by almost three million tonnes in 2016 - up from 38.2 million tonnes in 2015 to 40.9 million tonnes last year. Car…
HydroComp PropElements 2017- Update
HydroComp PropElements 2017 – the propeller “design for performance” code from HydroComp,Inc. of Durham NH USA – is the latest build of the company’s commercial…
Damen: First SIGMA PKR frigate for Indonesian Navy
Damen Schelde Naval Shipbuilding has handed over the first SIGMA 10514 PerusakKawalRudal(PKR) frigate to the Indonesian Ministry of Defence, on schedule and on budget.
78% Ships Dismantled in South Asian Beaches
The list of all ships dismantled around the world in 2016, which the NGO Shipbreaking Platform has compiled and analysed, shows no improvements of the shipping industry’s…
Egypt LNG Market to Reach 4.5 MMT by 2025
LNG market in Egypt is projected to surpass 4.5 MMT by 2025, due to rising demand from power and industrial sectors in the country, says TechSci Research report.
