Coldharbour Targets Greek Market
“Posidonia could not have come at a better time for us,” said Andrew Marshall, Coldharbour Marine Chief Executive, a few days before Posidonia opened its doors to the global shipping community in Athens. “We are in the final stages of a successful ballast water treatment installation for one of our key Greek clients, and we are in negotiations with several other potential customers in this important market.
CNOOC Plots Tianjin LNG Terminal Expansion
CNOOC will start building six liquefied natural gas (LNG) storage tanks by the end of the year as part of a project to expand its Tianjin LNG terminal to help meet surging demand from households in northern China, CNOOC Gas and Power Group said in statement on Wednesday night.The project, including six tanks each with 220,000 cubic meters of storage capacity, 12 gasification units and 12 high pressure pumps, has been approved by CNOOC's board members, the company said.The new facilities are expe
Meyer Turku Floats Out New Mein Schiff 2
A month after the delivery of New Mein Schiff 1, the next ship in line, New Mein Schiff 2, has been floated out at the Meyer Turku shipyard in Finland. New Mein Schiff 2 will be delivered to the customer, German TUI Cruises, early next year.The timetable for the construction of the ship shows how Turku shipyard has already been ramping up the production volume to meet the increasing demands from the…
EU to Hit Back at US Tariffs
The European Union's plans to hit back at new U.S. tariffs on EU steel and aluminium exports include hiking duties on a range of imports from the United States, from blue jeans and rice to the proverbial kitchen sink.In eight closely typed pages of documentation lodged at the World Trade Organization (WTO) in Geneva, the EU has set out 25-percent tariff increases that are in part aimed at hurting the electoral districts of some of President Donald Trump's allies.That explains "motorcycles ...
ClassNK Publishes Guidelines for Autonomous Ships
Classification society ClassNK has released Guidelines for Concept Design of Automated Operation/Autonomous Operation of ships, which incorporates basic elements on concept design safety for automated ship operation systems.Maritime industry efforts to develop automated operation systems for merchant ships aim to improve navigation safety, working conditions on board, ship operation and more.As the onboard operations and duties performed by ships’ crews vary widely…
AGL Decision on LNG Import Terminal Expected in FY2019
AGL Energy Ltd, Australia's biggest power producer, expects to make a final investment decision on the country's first liquefied natural gas (LNG) import terminal in the financial year of 2019…
LNG Prices Climb on Limited Supply
Asian spot liquefied natural gas (LNG) prices rose this week to their highest since February as buying interest from China remained firm and as supply is expected to be limited during maintenance in August.Spot prices for July delivery in Asia were at $9.60 per million British thermal units (Btu) this week, gaining 40 cents from the previous week and are at the highest for this time of the year since…
Total Determined to Drill Amazon Basin as Greenpeace Storms AGM
Total is determined to push ahead with its plans to drill for oil in the Amazon basin, it said on Friday as Greenpeace activists interrupted its annual general meeting in protest at the project.The French oil major wants to explore Brazil's Foz do Amazonas basin, but Brazil's environmental agency rejected its licence application on Tuesday for a fourth time.As the company's annual general meeting opened in Paris on Friday…
Evac Acquires Cathelco
Evac, the world’s leading provider of integrated waste, wastewater, and water management systems for the marine, offshore, and building industries, is to acquire Cathelco…
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