New Crewboat for PSA Marine
Singapore-based shipbuilder Lita Ocean has delivered Summit PSA 5, a new 25m monohull crewboat for compatriot owner and operator PSA Marine.The Incat Crowther designed vessel will provide for the transport of both personnel and light cargo to and from a floating storage regasification unit (FSRU).The vessel is powered by two MAN D2842 LE410 marine engines rated at 809 kw @ 2,100 rpm driving two fixed pitch propellers.
Coast Guard, Partner Agencies Interdict Dozens in Last 72-hours
The Coast Guard interdicted 66 migrants in the last 72-hours in five separate events near Puerto Rico.The Coast Guard, and federal and Commonwealth of Puerto Rico law enforcement partners have interdicted more than 380 migrants and stopped several narcotics smuggling attempts since October of 2018.“These recent migrant and drug interdiction cases, though smaller than what we see at our land borders…
First U.S. Crude Cargoes Head to China Since Trade Breakthrough
Three cargoes of U.S. crude are heading to China from the U.S. Gulf Coast, trade sources said on Monday, the first departures since late September and a 90-day pause in the two countries' trade war that began last month.The vessels left Galveston, Texas, last month and are scheduled to arrive at Chinese ports between late January and early March, according to shipbrokers and vessel tracking data. The shipments mark a change since Chinese buyers largely began avoiding U.S.
Suez Canal Revenues Plunge in November
Egypt's Suez Canal revenues fell to $461.5 million in November, down around 8.8 percent from October's $506.1 million, data from the cabinet's website showed on Tuesday.The canal is the fastest shipping route between Europe and Asia and one of the government's main sources of foreign currency.Reporting by Ahmed Tolba
Offshore Wind Market Expected to Reach $50 bln by 2023
The global offshore wind energy market is poised to grow over USD 49.74 billion by 2023 at an estimated CAGR of around 11.12% during the period 2017 to 2023.The…
Mammoet Moves 800 Ton in Alberta
Weighing over 800 ton - roughly four times the weight of a blue whale -, and spanning over 300 ft., the splitter vessel is the biggest load to ever be moved on…
CDP, Fincantieri and Snam Join for Innovation of Ports
Italian investment bank Cassa Depositi e Prestiti (CDP), the largest shipbuilder in Europe Fincantieri and natural gas transmission company Snam teamed up to innovate…
Alexandroupolis FSRU Delivery Delayed by Six Months
Greek utility company Gastrade has extended the timeline for completion of its Greek LNG development by six months to allow more time for the delivery of offshore floating…
Shell Joins Dutch Pension Fund to Bid for Eneco
British-Dutch oil and gas company Royal Dutch Shell and Dutch pension fund manager PGGM are considering a joint bid for Dutch producer and supplier of natural gas Eneco…
BP Partners with Eni For Exploring Oman Block
British multinational oil and gas company BP and Italian oil and gas giant ENI have signed a heads of agreement with the Ministry of Oil & Gas of Oman to explore Block 77 in central Oman.In addition…
Ecodelta Christened in Rotterdam
A new trailing suction hopper dredger (TSHD) Ecodelta, powered by liquefied natural gas (LNG), was christened last Friday (January 11) in the Dutch port of Rotterdam.The dredging vessel…
Rauma Marine Constructions Signs LOI for Hybrid Ferry
Finnish shipbuilder Rauma Marine Constructions (RMC) has signed a letter of intent with the ferry operator Kvarken Link for the construction of a dual fuel ferry.The…
Barclays Rejects Arctic Drilling
U.K.-based international bank Barclays announced a new energy policy that significantly restricts the bank’s financing for the exploration or extraction of oil…
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