Hurricane Harvey Strengthens, Threatens US
Hurricane Harvey intensified early on Friday into potentially the most powerful hurricane to hit the U.S. mainland in more than a decade, as authorities warned locals to shelter from what could be life-threatening winds and floods. Harvey is set to make landfall late Friday or early Saturday on the central Texas coast where Corpus Christi and Houston are home to some of the biggest U.S. refineries. Oil and gas operations have already been disrupted and gasoline prices have spiked.
S-Oil, Petronas Ink Long-term LNG Deal
South Korea's third-largest refiner S-Oil Corp signed a long-term liquefied natural gas (LNG) supply contract with Malaysia's Petronas for 15 years starting from next year…
Second Body Recovered from USS McCain
U.S Navy and Marine Corps divers have recovered and identified a second body in the search for ten sailors missing after a collision between a guided-missile destroyer and merchant vessel near Singapore earlier this week, the U.S. Navy said on Friday. The USS John S. McCain collided with the merchant tanker in waters near Singapore and Malaysia on Monday, which led to an international search-and-rescue operation for the missing sailors.
Asia VLCC Rates Fall to Four-year Low
Freight rates for very large crude carriers (VLCCs) on Asian routes show little sign of reviving although Hurricane Harvey, which threatens to ravage the U.S. Gulf coast oil refining industry over the weekend, could provide a fillip, brokers said. That came as average weighted VLCC freight rates on all routes sank to their lowest in four years this week to around $9,000 per day. Rates are even lower…
Huntington Ingalls Steel-Cut for Aircraft Carrier Enterprise
Huntington Ingalls Industries has cut a 35-ton steel plate at its Newport News Shipbuilding division to kick off advance construction of the aircraft carrier Enterprise (CVN 80).
Keppel AmFELS to Build Two LNG Fueled Containerships
Keppel AmFELS, a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) in the United States (US), has secured a contract worth more than US$400m from…
Seadrill to Seek Bankruptcy Protection
Once the biggest offshore rig firm by market value, Seadrill plans to begin its Chapter 11 debt restructuring in the coming weeks, WSJ reported. The Bermuda-based company…
CMA CGM Theodore Roosevelt Breaks Panama Canal Capacity
The Panama Canal welcomed the largest capacity vessel to ever transit the Expanded Locks, the CMA CGM Theodore Roosevelt. CMA CGM Theodore Roosevelt became the…
MOL Engineering Acquires Ship Class Certificate
Mitsui O.S.K. Lines (MOL) announced that its group company MOL Engineering has acquired a certificate of approval to engage in the servicing and maintenance of lifeboats…
ENC Golden Jubilee Maritime Seminar Concludes
India's Eastern Naval Command Golden Jubilee Seminar with the theme “National Maritime Power - Concepts, Constituents and Catalysts”, concluded on 23 August 2017.
CMA CGM Theodore Roosevelt to Inaugurate New Bayonne Bridge
On July 26, 2017, the new CMA CGM Theodore Roosevelt began its voyage by leaving Asia’s shipyards to begin its rotation on the South Atlantic Express Service (SAX) from Hong Kong to Shanghai.
Alexander Acosta visits APM Terminals
APM Terminals Pier 400 Los Angeles hosted U.S. Secretary of Labor R. Alexander Acosta today, as he toured the world’s largest proprietary container terminal, and…
Cepsa Offers RMK500 Marine Fuel in Barcelona
Cepsa has started marketing RMK500 fuel in the Port of Barcelona to meet customer demand for this product. The Company is extending the supply of this fuel in the…
Globecomm Installs Complete Solutions on MV Baltic
Globecomm, one of the leading providers of maritime connectivity services, has installed a complete communications solution on MV Baltic, the latest newbuild to join the Global Seatrade fleet.
LNG from Skangas
Skangas and ESL Shipping have entered into an agreement for providing gas fuel to ESL’s LNG-powered bulk carrier newbuildings. These two new vessels will start operating during first half of 2018.
CMA CGM to Strengthen its Presence in South America
The CMA CGM group, a world leader in container shipping, announces the reshuffling of two services in addition to the MERCOSUL buyout project and pursues its development strategy in South America…
St. Louis Region’s Agriculture Freight Network Poised for Growth
As cargo handling capacity increases along the Mississippi River, this 15-mile section of the Mighty Mississippi is being called the Ag Coast. Located in the heartland of America…
Catfines: Uncertainty Must Be Addressed
Earlier this year the International Organization for Standardization (ISO) published a revised edition of its ISO 8217 specifications for marine fuels, which still maintains a 60 mg/kg limit for catfines (catalytic fines). It’s not rare to hear comments about this threshold being on the high side. A recent test conducted by the Fuel Oil Bunkering Analysis and Advisory Service (FOBAS) takes the debate to a new level.
Ingalls to Repair USS Fitzgerald
Huntington Ingalls Industries (HII) said its Ingalls Shipbuilding division has been selected to repair the guided missile destroyer USS Fitzgerald (DDG 62) when it returns to the U.S. The ship, which suffered heavy damage and nearly sank off the coast of Japan after a fatal collision with a Philippine containership on June 17, will be brought to Ingalls’ facilities in Pascagoula, Miss. for the repairs.
Voith Opens 'Digital Campus' in Raleigh
Voith marked the opening of its new high-tech campus with a ribbon-cutting ceremony Monday that was joined by many key Voith executives and local dignitaries and community leaders. The Digital Campus is the latest venture of the Voith Digital Solutions Division (DS): a campus where bright minds come together to learn, teach, discover and bring the Internet of Things to life for all of Voith’s platforms.
