EIA: Azerbaijan Surges in Natural Gas
Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration…
Oil & Gas M&A Deal Value Up in 2018
Global oil and gas total deal value increased by US$ 79.7b during 2018 to reach US$426.8b, despite a decrease of 18% in deal volume, said EY Global oil and gas transaction…
Kenya Trains Maritime Security Officials
Maritime law enforcement officials from Kenya are taking part in a two week training course on best practices for visit, board, search and seizure of vessels, in Mombasa…
TEN Wins TC for Two Tankers
Greek shipping company Tsakos Energy Navigation (TEN) announced the contract for the building of two suezmax crude tankers which upon delivery will enter into minimum…
Indian Seafarers Employment Soared 35% in 2018
The number of Indian seafarers employed on Indian or foreign flag vessels increased by 35 per cent in 2018 on the back of a series of measures taken in the last four years, said the shipping ministry.
IMB to Tackle Bills of Lading Fraud
The International Maritime Bureau (IMB) announced that it has launched a new initiative aiming to mitigate bills of lading (B/L) fraud conducted by non-vessel owning…
Diana Fixes Crystalia, Maera with Glencore
Greek dry bulk owner Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V.…
WCI Honors Senator Duckworth
On February 12, 2019, Senator Tammy Duckworth (D-IL) received Waterways Council, Inc.'s (WCI) 18th Annual Leadership Service Award for her continual championing of ports and inland waterways. She was presented the award by Wade Beasley, Business Representative, Carpenters Local 174, Chicago Regional Council of Carpenters. WCI President & CEO Mike Toohey said, “Senator Duckworth is an American hero…
Shipbuilding: Fincantieri Starts on "Silver Moon"
The keel laying ceremony of “Silver Moon”, the second of three new ultra-luxury cruise ships that Fincantieri is building for Silversea Cruises took place yesterday at the Ancona yard. The vessel will enter the ship owner’s fleet in 2020.“Silver Moon” will be a sister ship of “Silver Muse”, which took the sea in 2017, and of “Silver Dawn” due to delivery in 2021. At 40,700 gross tons and with a capacity to accommodate 596 passengers on board…
CG Assists Towing Vessel Taking on Water
A Coast Guard crew assisted a 72-foot towing vessel taking on water near Port Arthur, Texas, Thursday evening.Sector Houston-Galveston watchstanders received a report that the towing vessel…
Naval Group: Four OPVs for Argentina
Argentina has decided to acquire four offshore patrol vessels (OPVs) built by Naval Group. The contract entered into force on February 14, 2019, and Naval Group will now begin production on the four vessels. The first to be delivered will be L’Adroit. Developed, financed and built in less than two years by Naval Group, L’Adroit had been made available to the French Navy since 2011, thereby demonstrating its operational capabilities for the action of the State at sea.
Kleven Delivers Maersk Anchor Handler
Maersk Maker, the sixth and last of a series of six anchor handlers for Maersk Supply Service A/S, was delivered from Norwegian shipyard Kleven on Thursday.Built for operation in deepsea depths, the M-series vessel Maersk Maker had a naming ceremony at Kleven yard, with Rikke Eskjær as godmother. The vessel will leave Kleven in a few days, heading to Aberdeen and the spot market in the North Sea.Maersk Maker is of the Salt 200 type and has an open deck area of more than 800m2…
Tomas Tillberg: Rebel with a Cause
Designer Tomas Tillberg’s quest for freedom breaks down barriers and expands to China, where his team builds China’s first expedition cruise ships putting Antarctica - and the most remote, mysterious parts of the world - within reach.All for freedom. Freedom for all. Tomas Tillberg could be Harley Davidson’s new poster boy. As he views the open road from behind his handle bars, he’s filled with an amazing feeling of personal freedom.With formal training from Royal Academy of Arts in Stockholm…
Saudi Aramco, Total in USD1bln Pact
Saudi Aramco and Total hasve signed a joint venture agreement to develop a network of fuel and retail services in Saudi Arabia.The 50:50 JV plans to invest around…
Cruise Industry Provides 12.5K Jobs in Baltic
The cruise industry in the Baltic Sea does more than provide rest and unique excursions for thousands of cruise guests, it also supports over 12,500 jobs in the region…
Noble Buys New Jack-up from PaxOcean
London-based offshore drilling contractor Noble Corporation has bought a second newbuild Gusto MSC CJ46 design jack-up rig from the Singapore shipyard PaxOcean Group for $83.75 million.