Wison Granted AIP for Its Innovative Floating LNG Storage
Wison Offshore & Marine announced that it has received Approval in Principle (AIP) from Bureau Veritas for its newly-developed large-scale Floating LNG Storage and Regasification Terminal.
Bumi Armada Bags Additional Contract from Lukoil
Bumi Armada Bhd’s wholly-owned unit, Bumi Armada Caspian LLC, has signed a supplementary agreement worth RM576 million (USD 134 million) with Lukoil-Nizhnevolzhskneft…
Adani Ports Net Dips 14% in Q1
India's Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest port developer and the logistics arm of $12 billion Adani Group, saw a 13.65% fall in…
Qatargas Delivers First Q-Max Cargo to Thailand
Qatargas delivered the first Q-Max cargo of Liquefied Natural Gas (LNG) under the long-term Sale and Purchase Agreement (SPA) between Qatar Liquefied Gas Company…
Egypt to Cut Down on LNG Imports
Egypt is planning to import 80 cargoes of liquefied natural gas during the 2017-18 financial year that began in July, down from the 118 cargoes imported last year.
DP World Forms JV with Egypt’s Suez Canal
DP World, has formed a joint venture (JV) company with Egypt’s General Authority for the Suez Canal Economic Zone. The new venture will see the global terminal operator…
Buchan Alpha Arrives in Shetland for Decommissioning
The Buchan Alpha oil production vessel has arrived safely in Lerwick, Shetland for disposal. A semi-submersible moored floating production vessel, weighing 12,000 tonnes…
Gulf Navigation Rapid Profit Growth
The Dubai based Gulf Navigation Holding (GulfNav) achieved remarkable growth in 2017 and witnessed many outstanding achievements in line with the steady growth of UAE economy.
Shell Strengthens LNG Bunkering Business
The Hague-based LNG giant Shell has announced two significant milestones for its liquefied natural gas (LNG) marine fuels business in northwest Europe. Shell's ultra…
Hyundai Merchant in the Red in Q2
South Korea's Hyundai Merchant Marine (HMM) suffered an operating deficit of USD 112 million in the second quarter, the company said in a regulatory filing. The…
EC Financial Instrument to Facilitate Ship Recycling
The European Commission released its report on the viability of a financial incentive for sustainable ship recycling under the EU Ship Recycling Regulation this week.
Getting to Grips with Ship Security
On-board practice in assessing maritime security measures on a ship was a key feature of a recent workshop which took place in Montevideo, Uruguay (8-11 August).
First Lady of the Fleet Celebrates
As the activities of Exercise TALISMAN SABRE 17 started to draw to a conclusion in July, the crew of HMAS Darwin, took the chance of a brief time out to celebrate…
Tanker Shipping Rates to Remain Weak: Drewry
Rising long haul exports of crude oil from the US and Nigeria will not be sufficient to push tanker shipping freight rates higher given lower anticipated Middle East output and surging tonnage supply…
Port Security Training for Mauritanian Officials
Officials responsible for port security in Mauritania are undergoing a week-long International Maritime Organization (IMO) training course in the country’s capital of Nouakchott (7-11 August).
John C. Stennis Underway for Sea Trials Ahead of Schedule
Sailors aboard USS John C. Stennis (CVN 74) got underway for Sea Trials as the ship's planned incremental availability (PIA) nears its end, August 11. John C. Stennis…
Investors Enthusiasm in Cochin Shipyard
Indian government is committed for infrastructure development and the track record of last three years has increased the faith of the investors which has resulted…
Canada Orders Ships to Reduce Speed to Prevent Whale Deaths
Certain ships are being ordered to reduce speed because of the deaths of at least 10 North Atlantic right whales in Canada's Gulf of St Lawrence during the past two months, the government said on Friday. The deaths have made 2017 the deadliest year for the endangered marine mammal since scientists began tracking their numbers in the 1980s, researchers said. The ministries of transport and fisheries…
V.Group Acquires Graig Ship Management
Marine and offshore vessel management and support services provider V.Group said it has acquired Graig Ship Management Ltd, part of Graig Shipping PLC, which has developed a reputation for new build supervision and ship management of dry bulk vessels. This reputation, which has its roots as part of Graig Shipping PLC’s 100 year history and is supported by a global maritime workforce, has grown steadily over the past 25 years.
Sailing, Sailing, over the Grassy Waves
It is a tram or a train? Neither, it's a boat. Pleasure craft using Poland's Elblag Canal can appear to be seen as sailing through grassy plains as they follow tracks on land in an unusual solution for dealing with elevation on the waterway. The canal, approximately 240km (150 miles) north of Warsaw, uses a system of five inclined planes between its lakes, which are too steep to be navigated using locks. Rail tracks run carriages to transport the boats.
