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…
Lateral Naval Architects Launched
UK-based BMT Nigel Gee and Dutch- based superyacht builder Oceanco have signed a strategic partnership for the formation of a new naval architecture and engineering…
IM Skaugen Files for Restructuring in Singapore
Norway-based owner of liquefied natural gas (LNG) carriers IM Skaugen has filed for restructuring in Singapore seeking court protection from its creditors. "We wish to announce that I.M.
Aqualis Offshore Completes Jacket Installation in Bahrain
Aqualis Offshore has completed the jacket installation engineering of an 1800T steel jacket structure offshore Bahrain as part of the Bahrain LNG Import Terminal.
Port of Rotterdam CEO Calls on EU for Investments
The CEO of the Port of Rotterdam Authority Allard Castelein called on the European Union to step up its investments in the infrastructure of ports and hinterland…
Euroseas Completes EuroDry Spinoff
Euroseas announced that it has completed the spin-off of its drybulk fleet into EuroDry Ltd. Euroseas shareholders received one EuroDry Ltd share for every five shares of the Company they owned.
DNV GL Completes Due Diligence of Dutch Windpark Spui
DNV GL, the world’s largest resource of independent energy experts and certification body, has successfully completed comprehensive due diligence of the Dutch Windpark Spui…
Angola Protects Marine Environment
A national workshop on the treaty covering dumping of wastes at sea, the London Protocol, is being held in Luanda, Angola (30-31 May). The workshop is raising awareness…
EU-backed Autonomous Shipping Project Moves Forward
Hull to Hull (H2H), an EU-funded research project established to develop technical solutions for safer navigation in close proximity of other stationary or moving vessels and objects, is in its Concept Definition phase and will move on to the Technology Adaption and Integrations Work Package (WP03) this summer.H2H was established in November 2017 to develop solutions using the European Global Navigation Satellite System (EGNSS)…
SFL Acquires Four 14,000 TEU Vessels
Ship Finance International Limited (SFL) informs it has agreed to acquire four large container vessels in combination with long-term time-charters to a leading container…
Kleven Delivers Maersk Minder
Norwegian shipbuilder Kleven Verft today delivered the 95-metre-long anchor handling vessel Maersk Minder, the fourth of six vessels in Maersk Supply Services’ Starfish series.The naming ceremony was held at Kleven Verft this afternoon, led by the shipyard’s new CEO Karsten Sævik, with Anni Bak as sponsor.“This is vessel number four in the series, and the yard has demonstrated its ability to again construct a very advanced and sophisticated vessel,” Sævik said.
Canada to Impose Tariffs on US, Challenge at WTO
Canada will impose retaliatory tariffs on C$16.6 billion ($12.8 billion) worth of U.S. exports and challenge U.S. steel and aluminum tariffs under the North American Free Trade Agreement and the World Trade Organization (WTO), Canadian Foreign Minister Chrystia Freeland said on Thursday.The Canadian tariffs are set to go into effect on July 1, 2018, and stay in place until the U.S. lifts its own measures…
