TechnipFMC Wins EPC Contract with Egypt's MIDOR
Oil and gas industry company TechnipFMC has signed a major Engineering, Procurement, and Construction (EPC) contract by Middle East Oil Refinery (MIDOR) for the…
3T Energy Group Buys Offshore Training Firm Survivex
Technology and training organization 3T Energy Group has acquired Aberdeen-based Survivex, an offshore oil and gas training specialist.Global technology and training…
Teekay Offshore Settles Dispute with Petrobras
Bermuda-based marine services company Teekay Offshore Partners announced that certain of its subsidiaries have entered into a settlement agreement with Petrobras…
Pieridae Energy to Construct Goldboro LNG
Pieridae Energy has welcome the decision of the Nova Scotia Utility and Review Board to issue the permit to construct the Goldboro LNG Facility.Pieridae will now…
EU Approves State Aid for Lithuania’s Klaipėda LNG Terminal
The European Commission said that the EC has approved under EU State aid rules the compensation granted by Lithuania to LITGAS for supplying a mandatory quantity…
Tallinna Sadam, Alexela Invest Sign MoU
AS Tallinna Sadam and AS Alexela Invest signed a Memorandum of Understanding (MOU) for finding the best solutions for the development and implementation of LNG terminal…
VeChain Inks Blockchain Deal for Chinese LNG Solution
Chinese enterprise blockchain company VeChain announced a deal for a liquified natural gas (LNG) management solution that will leverage the VeChainThor Blockchain.The…
First Aloha-Class Ship Delivered to Matson
Matson, Inc. took delivery of the first of two new Aloha Class containerships built for Matson's Hawaii service at Philly Shipyard.Christened 'Daniel K. Inouye' in honor of Hawaii's late senior U.S.
Port Oakland Opens Cold Storage Facility
Lineage Logistics and Dreisbach Enterprises announced the official opening of Lineage Cool Port Oakland, the world’s latest next-generation cold storage and logistics…
APM Terminals Bahrain IPO Aims to Raise USD 30 mln
Port operator APM Terminals Bahrain plans to raise around BHD12m ($32m) through its planned initial public offering (IPO). This is the first IPO for a transport…
Wärtsilä Sells Pumps Business to Solix Group
Finnish technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö…
Port Groups Join for Go Green Initiative
Five global container port operators have jointly undertaken a week-long initiative to promote sustainable resource usage in their respective port and facility…
London Thamesport Eyes Short-Sea Container Hub Status
Hutchison Ports London Thamesport’s growing reputation as a short-sea container hub has been further enhanced by Helsinki-based Containerships plc’s introduction…
UK Funds Study on Navigation of Autonomous Ships
The United Kingdom Hydrographic Office (UKHO), a government agency has contributed to a new UK government-funded study on navigational requirements for autonomous maritime vessels.According to UKHO…
GMN Promotes Technologies to Cut Shipping Emissions
Practical efforts to implement ship energy-efficiency measures and promote technology transfer are an integral part of International Maritime Organization (IMO)'s…
Great Workboats of 2018: Application Deadline Extended!
Will your vessel be honored as a “Great Workboat of 2018” in the December 2018 edition of Marine News?Every year, Marine News profiles the most outstanding vessels built in shipyards in North America…
Energy Storage - Now Relevant for Any Vessel Type
A primer on the quickly evolving topic of on board battery technology.Energy storage itself is actually old news. Since the sails were taken down for good, merchant vessels have crossed the oceans using some kind of energy safely stored on board. Be it Coal, Diesel, Gasoline or Natural Gas, and regardless of energy type, safe storage onboard has been vital for safety and completion of the planned trip. On the other hand, active use of batteries in propulsion systems is relatively new.
Port of Los Angeles Issues Statement on Box Incident
The following information was released by the Port of Los Angeles:Because our facilitation of a safe and secure supply chain is top priority at the Port of Los Angeles, the incident involving an export-bound shipping container that exploded inside a marine terminal storage area here on October 30 is of paramount concern to the Los Angeles Harbor Department and Los Angeles Port Police. Preliminary analysis by the Los Angeles Port Police Hazardous Materials Unit…
VT Halter Wins Navy Deal
VT Halter Marine, Inc. announced the award for detailed design and construction (DD&C) for two Firm and up to four Optional Auxiliary Personnel Lighter Small APL-67 Class berthing barges by the U.
BIMCO: US soya bean exports to China down 97%
The trade war and particularly the Chinese tariffs on imports of U.S. soya beans can now clearly be seen with the start of the soya bean peak exporting period in the U.S. In the first eight weeks of the 2018/19 marketing year accumulated U.S. exports are down 39%, from 12.2 million tonnes on 26 October 2017 to 7.5 million tonnes on 25 October 2018.“While weekly exports this season have been consistently lower than last season…