Davie Delivers Canada’s New Naval Support Ship
Commissioning and sea-trials have been completed for Canada’s first Resolve-Class Naval Support Ship, Asterix, the first new naval support ship to enter service with the Royal Canadian Navy in more than five decades. The ship, which is also the first large naval platform to be delivered from a Canadian shipyard in over 20 years and the first naval ship to be delivered since the launch of the National Shipbuilding Strategy…
El Faro and Perceived Deficiencies in the ACP
The October 1, 2015 loss of the U.S. cargo vessel El Faro along with its 33 member crew led to the convening of a Coast Guard Marine Board of Investigation charged with determining as closely as possible the cause(s) of the casualty; whether there is evidence that any failure of material was involved; whether there is evidence of misconduct, inattention to duty, negligence, or willful violation of law; and whether there is evidence that government personnel contributed to the casualty.
Japan Considers Refitting Its Largest Warship
Japan is considering refitting the Izumo helicopter carrier so that it can land U.S. Marines F-35B stealth fighters, government sources said on Tuesday, as Tokyo faces China’s maritime expansion and North Korea’s missile and nuclear development. Japan has not had fully fledged aircraft carriers since its World War Two defeat in 1945. Any refit of the Izumo would be aimed at preparing for a scenario in which runways in Japan had been destroyed by missile attacks…
Severe Gales to Hamper Russian Vessel Save
A Russian flagged vessel reportedly with 13 crew still aboard is listing 'significantly' outside of Portsmouth Harbor may have to await further rescue attempt, as the weather forecast is poor with severe gales and rough seas expected later today according to various local media reports. The ship MEKHANIK YARTSDEV as identified in locla images from the scene reportedly has power and is reported stable, at anchor in the Solent.
Sinopec Tianjin Terminal to Receive First LNG Cargo
China Sinopec's new Tianjin terminal will receive first LNG cargo of 30,000-35,000 tonnes from Australia on Jan. 10, a source with the direct knowledge of the project said.
Sembcorp Marine to Sell West Rigel
Sembcorp Marine announced that its wholly-owned subsidiary Jurong Shipyard Pte Ltd (JSPL) has signed an agreement for the sale of the semi-submersible rig West Rigel…
Vietnam Sets Up Shipping Alliance
The maritime shipping crisis has forced shipping firms worldwide to join alliances to improve their competitiveness. Such alliances have also been set up in Vietnam.
Hyundai Heavy to Raise $1.2B Via Rights Offering
South Korea's Hyundai Heavy Industries (HHI) plans to raise about 1.29 trillion won ($1.2 billion) in an initial public offering (IPO) and list its refining subsidiary Hyundai Oilbank.
China to Roll Out Smart Crude Oil Carrier
China's Dalian Shipbuilding Industry Co (DSIC) is working on China's first smart crude oil carrier - a special project named "smart ship 1.0 R&D - which will incorporate…
Improving ZIM’s Greece Turkey Service
In order to improve our current service levels and provide customers in the region with the best solutions, ​ZIM Integrated Shipping Services Ltd introduced changes starting January 2018.
MOL Develops Voyage Information Display System
Mitsui O.S.K. Lines (MOL) announced an agreement with Furuno Electric Co and MOL Techno-Trade to jointly develop a system that supports ship operation during voyages…
McDermott Wins Tyra EPC Work near Denmark
McDermott International announced a substantial contract award from Mærsk Olie og Gas A/S (Maersk Oil) for engineering, procurement, construction and commissioning…
Italy's Saipem Wins Eni Angola Contract
Saipem has signed a contract with Eni Angola S.p.A. in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned…
Shipyard Contract Cancelled
Ongoing uncertainty in the global offshore energy sector has claimed another casualty, as Kawasaki Heavy Industries announced that it has terminated -- in agreement with Island Navigator I KS -- the shipbuilding contract for the top hole drilling/light well intervention vessel, Island Navigator. A number of factors were cited in the decision to cease the construction, including difficulties in the engineering process and increased material costs since the signing of the contract…
HHI Group to List Oilbank
IPO seen improving group's financial soundness, transparency; Group sees shipbuilding recovery starting 2019. South Korea's Hyundai Heavy Industries Group plans…
China Rises to World's No.2 LNG Importer
China's 2017 LNG imports to top South Korea's for first time; becomes key driver of spot LNG prices. China will become the world's second-biggest importer of liquefied…
KHI, Island Offshore Terminate Newbuild Contract
Kawasaki Heavy Industries, Ltd. (KHI) announced today that the company has decided to terminate, by agreement with Island Navigator I KS, its shipbuilding contract…
BSEE Proposes Softening of Offshore Drilling Rules - WSJ
A U.S. regulator has proposed rolling back safety measures put in place after the 2010 Deepwater Horizon oil spill, which would reduce the role of government in offshore oil production…
World's Largest Vessel Set to Sail in 2018
In 2018, Shell's huge floating liquefied natural gas (FLNG) Prelude, the world's largest vessel, will begin its job of extracting and processing gas at sea, reported CNBC.
Nigeria FEC Okays Maritime Piracy Bill
The Federal Executive Council of Nigeria approved the Suppression of Piracy and Maritime Offences Bill, reported TVC News. The approval was given at a meeting presided…