STX Bags Orders for Six Tankers
South Korea’s STX Offshore & Shipbuilding won contracts to build six tankers from Greece and local shippers, reports Korea JoongAng Daily. STX announced that Greek…
Standard Club Establishes New Offshore Advisory Committee
The Standard Club is driving developments in offshore P&I with the launch of the Standard Club Offshore Advisory Committee (SCOAC). SCOAC aims to analyse offshore trends…
First Ship with IMO Tier III EIAPP Engines Launched
The launch of the L’Astrolabe, a 72 metre polar logistics vessel fitted with a complete Wärtsilä propulsion machinery package and Wärtsilä NOR (NOx Reducer) SCR…
VMAG Rolls Out its Marine Refit and New Build Department
Voyager Maritime Alliance Group (VMAG) , one of the leading marine technology providers in South Florida, is expanding its already comprehensive list of services…
Truman Departs for Sea Trials
USS Harry S. Truman (CVN 75) departed Norfolk Naval Shipyard (NNSY) for Sea Trials July 21 following a 10-month Planned Incremental Availability (PIA). Truman's Commanding Officer, Capt. Ryan B.
Certifying Spaceship Earth
Former DNV GL President and CEO, Henrik O. Madsen has presented UN Secretary-General António Guterres with a testimonial attesting to DNV GL's assessment of the…
Port Cooperation and Maritime Security in Belize
Identifying and dealing with potential threats to port security operations was at the core of a three-day workshop in Belize City, Belize (18-20 July). The event…
Global LNG Deals Set Bullish Tone as Peru Export Halt Tightens Market
Asian spot LNG prices stepped higher this week, shrugging off months of weakness, as Royal Dutch Shell replaced lost output from its Peru plant via spot markets and as a flurry of higher-priced deals surprised traders. Peru's liquefaction plant suspended loadings for several weeks without explanation, exerting strain on Shell, which is the sole exporter of Peruvian LNG and was forced to pick up replacement supply on spot markets.
Svitzer Bags FSRU Support Contract in Bangladesh
Svitzer will provide marine support services for the Excelerate Energy FSRU at Bangladesh’s first liquefied natural gas (LNG) import terminal. Excelerate Energy…
Hampton Roads Transit Christens New Ferry
Virginia’s Hampton Roads Transit (HRT) has christened its newest passenger ferry, the first of three to be delivered to the agency as part of a $7 million program to replace the fleet’s aging vessels, the newest of which was delivered in 1990 and the oldest of which has been in service since 1982. Designed by BMT and constructed by Armstrong Marine in North Carolina, the new vessel is a 149-passenger…
Tanker with Disputed Kurdish Oil Reappears off Malta
The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was chartered by oil trader Vitol carrying Iraqi Kurdish crude oil…
Dredger Newbuild Heads to Australia
A newly built Damen Trailing Suction Hopper Dredger (TSHD) 650 has completed sea trials in Shanghai and is now underway to new owner, Gippsland Ports in Australia on her own keel. The TSHD, named Tommy Norton, is the first Damen dredger built for Australia. Having left Shanghai on July 14, a Damen team is sailing Tommy Norton approximately 5,000 nautical miles over a period of approximately 30 days to reach Australia.
Activists Protest near Oil Rig in Norway's Arctic Sea Area
Environmental activists protested on Friday near an offshore rig contracted by Statoil in the remote Norwegian Arctic, where the firm is looking for oil and gas deposits.
A Significant Date for Subchapter M
July 20 marks a milestone in Subchapter M implementation. Towing vessels with keels laid or major conversions on or after July 20, 2017 are required to meet 46 CFR Subchapter M and obtain a Certificate of Inspection (COI) prior to operating. Additionally, starting July 20, 2018, a portion of existing towing vessels will have one year to meet all of Subchapter M and obtain COIs. By July 19, 2022, 100 percent of the towing vessels must have valid COIs on board.
Baltic Index Win Streak at 9 Straight Days
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday for the ninth straight session, on higher rates for capesize and smaller vessels.
VLCC Outlook Brightens Slightly
Rate correction likely after low S-Oil charter drags market. Freight rates for very large crude carriers (VLCCs) could see a small respite next week, building on…
Schlumberger to Acquire Majority Stake in Eurasia Drilling
Russia's Eurasia Drilling Company (EDC) said on Thursday it would sell a 51 percent stake in the company to the oilfield services provider, U.S.-based Schlumberger NV.
