US to Become Third Largest LNG Exporter in 2019
The coming year is expected to make the U.S. the third largest exporter of liquefied natural gas (LNG) in the world, creating jobs stateside while reducing emissions…
Phoenix Petroleum to Build Philippines First LNG Terminal
Philippines fuel retailing firm Phoenix Petroleum said it won government approval to build the country’s first liquefied natural gas (LNG) import terminal in partnership…
Maritime Counter-Terrorism Training in Viet Nam
International Maritime Organization (IMO) is assisting the Government of Viet Nam to implement international counter-terrorism measures involving the maritime sector.The…
First European Shipper Signs Green Shipping Guarantee Program
The European Investment Bank (EIB) announces the signature of the first agreement under its Green Shipping Guarantee Programme (GSGP) through ABN Amro.The EIB will…
Cosco Opens New International Hainan-ASEAN Liner Route
The New International Land-Sea Trade Corridor (ILSTC) and COSCO Shipping 'Hainan-ASEAN (Singapore)' Liner Route, co-hosted by Hainan Provincial People’s Government and COSCO Shipping…
Selektope Doubles Antifouling Coating Orders
The number of ships using Selektope-containing antifouling coatings more than double in 2019 with the largest ever single volume order received for the barnacle…
IMO Worshop on Sustainable Development Goals
To help its Member States gain a better understanding of the Sustainable Development Goals (SDGs) and the role International Maritime Organization (IMO) can play in achieving them…
Blue Atlantic Fabricators Launches Lovejoy Wharf Ferry & Water Taxi Dock
Boston Harbor Cruises’ new subsidiary is building for Massachusetts in the Commonwealth.Blue Atlantic Fabricators of East Boston, MA announces the fabrication and launch of a 50 ton…
Coast Guard, Partners Stop Multiple Smuggling Events off Puerto Rico
The Coast Guard interdicted a vessel, Monday, with 35 Dominican migrants and 4 kilograms of heroin approximately 34 miles west of Desecheo, Puerto Rico.The crew of a Coast Guard Air Station Miami HC-144 Ocean Sentry, deployed to Air Station Borinquen, Puerto Rico, detected the vessel Monday evening. Watchstanders with Coast Guard Sector San Juan diverted the Coast Guard Cutter Heriberto Hernandez (WPC-1114)…
DNV GL, Washington State Partner for Sustainable Maritime Growth
Washington State partnered with DNV GL in late 2017 to develop the “Washington Maritime Blue” strategy for the sustainable development of the state’s $38 billion maritime industry. With that strategy now complete, the State unveils how it plans to achieve the vision of being home to a world-class, thriving, and sustainable maritime industry by 2050.At an event in Seattle, Washington State Governor…
Crowley’s LNG-Fueled ConRo Completes Maiden Voyage
The second of Crowley Maritime Corp.’s new combination container/roll-on roll-off “ConRo” ships - MV Taíno, one of the first of its kind to be powered by liquefied natural gas (LNG) - completed its maiden voyage to Puerto Rico on Friday morning, Jan. 11. MV Taíno, which departed Jan. 8 from its mainland homeport of Jacksonville, Fla. (JAXPORT), is the second of two ConRo vessels constructed for Crowley.
Next-Generation LNG Carrier Christened
Mitsubishi Shipbuilding Co., Ltd. held a christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for TRANS PACIFIC SHIPPING 5 LTD., a joint venture of JERA Co., Inc. (JERA) and Mitsui O.S.K. Lines, Ltd. (MOL). The new ship, named Nohshu Maru, is the fourth vessel of the latest model "Sayaringo STaGE" type, featuring significant improvements in both LNG carrying…
Sea States: Documentary on the Shipping Industry to debut in Spring 2019
Sea States, a new documentary film on the importance of the shipping industry is currently under production by Third Wave Films. Endorsed by the Connecticut Maritime Association, and the Marine Industry Foundation, the film is being funded by key stakeholders in the maritime community.Sea States will show how shipping is the life blood of our global economy. Despite the fact 90% of all consumables arrive by ship, the public remains unaware of the value of this hidden, yet massive industry.
Surface Navy Association to Hold Annual Symposium
The Surface Navy Association will hold its 31st National Symposium January 15-17, 2019 at the Crystal City Hyatt Regency Crystal City Hotel in Arlington, Va.The symposium will feature senior Navy leaders delivering keynote remarks, focused on the theme of “Ready, Agile, Focused: Own the Fight!”Featured speakers include Vice Chief of Naval Operations Adm. Bill Moran; Commander, Naval Surface Forces/Commander, Naval Surface Force, U.S. Pacific Fleet Vice Adm. Richard A.
First LNG Shipment Arrives in Gibraltar for New Power Plant
The first liquefied natural gas (LNG) shipment has arrived in Gibraltar for use in the British territory's new LNG-fuelled power station, a government statement…
Exxon Ships Have Not Returned to Disputed Area off Guyana
Seismic research vessels hired by Exxon Mobil to explore for oil off Guyana's coast have not returned to the site of a December incident with Venezuela's navy, but they may in the future, Guyana's foreign minister said on Thursday.Guyana, with no history of oil production, has become the focus of intense interest since Exxon announced the discovery of over 5 billion barrels of oil and gas off its shores. That has reignited a century-old territorial dispute with neighboring Venezuela.
PetroVietnam: Maritime Tensions Weigh on Operations
Vietnam's state oil firm PetroVietnam said on Friday that tension in the South China Sea will continue to weigh on its offshore operations this year.The company, formally known as Vietnam Oil and Gas Group targets to produce 12.37 million metric tonnes of crude oil this year, down 11.45 percent from last year's output, it said in a statement.Vietnam and China have been embroiled in maritime disputes in parts of the busy waterway, where China claims 90 percent of the potentially energy-rich marit
Crew Travel: Safety & Security in Shipping
Despite notable breakthroughs in technology and an overdue increase in conversations regarding safety at sea, the very nature of the marine industry means that risk…
Mergers: Commission to Assess Acquisition of Chantiers de l'Atlantique by Fincantieri
The European Commission has agreed to the request submitted by France and Germany asking it to look at Fincantieri's proposed acquisition of Chantiers de l'Atlantique…
Diesel Futures Project Slowdown in 2019: Kemp
By the end of last year, hedge fund positions in diesel had fallen to a level normally associated with a sharp slowdown in economic growth if not an outright recession.Most middle distillate fuels such as diesel, gasoil and jet fuel are consumed in freight transport (ships, trucks, railroads and air cargo) as well as manufacturing and mining.Middle distillate consumption and prices are therefore more closely tied to the state of the economy than other refined fuels such as gasoline.
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