Maurel & Prom Buys Shell's Stake in Venezuela
Paris-based Maurel & Prom announced that it has acquired Shell Exploration and Production Investments' 40% interest as Shareholder B in Petroregional del Lago Mixed Company…
Venezuela Navy intercepts ExxonMobil Oil Explore Ship
The Venezuela's navy on Saturday "intercepted" a ship exploring for oil on behalf of Exxon Mobil Corp. in Guyanese waters, neighboring Guyana's foreign ministry said in a statement…
Snam, Enagás, Fluxys Complete DESFA Acquisition
The consortium consisting Italy’s Snam, Spain’s Enagás and Belgium’s Fluxys has completed the acquisition of a 66 percent stake in Greek natural gas operator DESFA.According to a joint release…
Arctic LNG 2 Signs Agreement on GBS Construction
Russian natural gas producer Novatek's next LNG project, Arctic LNG 2, has signed an agreement on the design and construction of gravity-based structures (GBS).The Russian company SAREN…
Arctic LNG 2 to Buy Nuovo Pignone Turbines
Russia's largest independent natural gas producer PAO Novatek announced that its next LNG project, Arctic LNG 2 and Nuovo Pignone (Italy) signed an agreement on…
AGL's Crib Point Selects Höegh LNG FSRU
The floating LNG services provider Höegh LNG Holdings announced that it has entered into a time charter party with Australian utility company AGL Shipping Pty for…
Poseidon Med II Conducts Workshop
The European co-funded Poseidon Med II programme (PMII), organised a workshop at the Technological Educational Institute of Crete (TEI) in the context of its dissemination…
MOL Study on Automatic Prevention of Collisions
Japenese marine transportation company Mitsui O.S.K. Lines (MOL) announced that MOL, MOL Techno-Trade, the National Maritime Research Institute (NMRI), and Tokyo…
MPA Enhances Safety At Sea Measures
The Maritime and Port Authority of Singapore (MPA) has stepped up its safety checks and measures under the ambit of the Safety@Sea Singapore Campaign."With the onset of the Northeast Monsoon season…
European Shipowners Welcomes extension of EUNAVFOR MED Operation
The European Community Shipowners' Associations (ECSA) welcomes the Council’s decision to extent the mandate of the EUNAVFOR MED Operation Sophia until 31 March…
UK Special Forces Move to Retake Hijacked Ship
An operation led by British navy special forces is under way to retake control of an Italian cargo ship off the English coast after stowaways threatened crew members on Friday, the political editor of
Shipbuilding: New 110m Catamaran Named Saint John Paul II
Shipbuilder Incat has launched the 110m vehicle / passenger ferry from the shipyard at Derwent Park in Hobart Tasmania. The ship will commence sea trials in mid January prior to delivery to her new owner Virtu Ferries for service between Malta and Sicily.Bearing the livery Saint John Paul II the vessel has been named in honor of the Pope who served from 1978 to 2005, so revered the Pope has often posthumously, but unofficially, been referred to by Catholics as "St. John Paul the Great".
Ingalls Shipbuilding: $930M Contract for Pair of USCG Ships
Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division has received two fixed-price incentive contracts from the U.S. Coast Guard to build two additional National Security Cutters for the U.S. Coast Guard. The contract values for the a 10th and 11th ships in the program are $468.75 million for NSC 10 and $462.13 million for NSC 11.“This additional funding for two NSCs is a great accomplishment on which to end the year,” said Ingalls Shipbuilding President Brian Cuccias.
Bath Iron Works Wins Contract for Fifth DDG 51 Destroyer
The U.S. Navy has awarded General Dynamics Bath Iron Works a contract to build a fifth DDG 51 destroyer as part of the multi-year award announced in September. General Dynamics Bath Iron Works is a business unit of General Dynamics (NYSE: GD).In the most recent multi-year competition, BIW was awarded four ships. The Navy held a separate competition for an option ship as part of its commitment to growing the fleet.
Fincantieri Bay Shipbuilding Delivers Kirby ATB
Fincantieri Bay Shipbuilding delivered an Articulated Tug Barge Unit (ATB) to Kirby Corporation (NYSE: KEX). “This is the third 155,000 barrel ATB it has built for Kirby in the past three years," said Kirby CEO David Grzebinski. "This new Jones Act-compliant ATB unit will allow us to continue our commitment to provide efficient and reliable customer service.”The 8,000-hp, 12-knot tug Ronnie Murph measures 130 x 42 with a 23-ft. depth and a 19-ft.
Turkish Fleet to Upgrade with Alfa Laval's PureBallast 3
Advantage Tankers & Advantage Products (with Genel Denizcilik acting as the technical management company), have selected Alfa Laval PureBallast 3 for ballast water treatment throughout their combined fleet. The recently signed fleet agreement covers a range of PureBallast 3 system types, as well as deckhouses and a service agreement.Advantage Tankers & Advantage Products have a fleet comprising 16 tankers today.
KML Plays Key Role in Rescue of Stricken Russian Ship
Marine contractors, Keynvor Morlift (KML), played a significant role on Tuesday in saving the Russian ship, ‘Kuzma Minin’, which ran aground just off Gyllyngvase Beach in Falmouth.KML’s large all weather commercial Rigid Inflatable Boat (RIB), was the 1st vessel alongside after the ship ran aground at around 0500 on Tuesday morning. The RIB was mobilized with team members from both KML and Seawide Services.
FSRU Suppliers Shift from Emerging Markets, Cut Back New Orders
Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets.Liquefied natural gas (LNG) demand from emerging markets in Asia, Africa and South America was expected to be boosted by FSRU technologies that are less expensive and time-consuming than onshore…
Superyacht ARTEFACT: A real “arte factum”
NOBISKRUG’s Project 790 is one of the first yachts built under the new strict IMO Tier III emissions regulations. The name and visionary design of the 80-meter hybrid superyacht was unveiled at the Monaco Yacht Show 2018: MV ARTEFACT.Less than a year away from completion, Nobiskrug’s new superyacht MV ARTEFACT will be one of the first yachts built under the new IMO Tier III low emissions regulations…
U.S. Soybean Cargo Unloaded in China
A vessel carrying U.S. soybeans has unloaded its cargo at the port of Qingdao in China on Friday, shipping data showed, amid a trade truce between China and the United States.The Star Laura, originally carrying 69,298 tonnes of soybeans loaded in Seattle, arrived at Qingdao outer anchorage in early November.The vessel's draft is now at 44 percent of its maximum depth, indicating it has emptied its load…
