Rosneft Orders Ten More Arctic Shuttle Tankers at Zvezda
Rosnefteflot, a subsidiary of Russia’s petroleum company Rosneft, has inked agreements with compatriot Zvezda Shipbuilding Complex for construction of ten Arctic shuttle tankers.
Suez Canal Revenues Fall
Suez Canal revenues fell 2.2% month-on-month in September 2017, according to official data. Revenues amounted to $459.8 million in September 2017, versus $470.6 million in August 2017…
USS Monterey Provides Assistance to Vessel
The Ticonderoga-class guided-missile cruiser USS Monterey (CG 61) provided assistance to a commercial vessel in distress off the coast of Florida Oct. 20. Monterey…
Nakilat Net Profit Down for the Last Nine Month
Qatar Gas Transport Company (Nakilat), the largest LNG ship owner in the world, concluded its financial results for the nine-month period ended 30 September 2017…
Ronald Reagan Carrier Strike Group Visits South Korea
Task Force 70 Public Affairs (NNS) - The Ronald Reagan Carrier Strike Group arrived in Busan for a port visit, Oct. 21. The aircraft carrier USS Ronald Reagan (CVN…
TMG Delivers Panama Canal Study
The Maritime Group (TMG) carried out a pivotal assessment review of the tugboat operations in the new third set of NeoPanamax locks of the $5.25 billion Expanded…
Shuttle Tankers - Safe, Flexible, Efficient
Shuttle tankers are an alternative to subsea pipelines. Typically for large water depths. For harsh weather operation the use of shuttle tankers is a necessity.
Exercise Enhances Maritime Security
Exercise LUMBAS is an annual bi-lateral exercise between the Australia and the Philippines, and is being undertaken concurrently to the Royal Australian Navy’s visit to the region.