Insuring the Marine Industry’s Risky Work Environment
From high-traffic ports to bustling boatyards, and busy shipyards to expanding marinas, marine professionals operate in a challenging environment. They work on land, on or around water, and are exposed to all kinds of weather. And the challenges won’t ease up any time soon. Our nation’s ports continue to expand as trade surges. Add in increased commercial vessel traffic and recreational boating, and it’s clear that marine businesses have to be in shipshape condition.
Fire Breaks out on USCG's Polar Star
It seems the U.S. cannot do enough to fast-track the construction of its new icebreaking fleet, as the USCG announce last night that the 150-member crew of the U.S. Coast Guard Cutter Polar Star fought a fire at approximately 9 p.m. PST Feb. 10 that broke out in the ship's incinerator room about 650 miles north of McMurdo Sound, Antarctica.After initial response efforts using four fire extinguishers failed, fire crews spent almost two hours extinguishing the fire.
Le Maire: STX-Fincantieri Shipyard Deal to Happen
The merger of Italian shipbuilder Fincantieri with STX France will go ahead as planned, Finance Minister Bruno Le Maire said on Friday, speaking after a period of tension between the Italian and French governments."The STX-Fincantieri deal will happen because we want it, because it is our ambition and because it is in our interest to create a shipyard giant, notably in Asia," Le Maire said, speaking at a Franco-Italian business summit in Versailles also attended by his Italian counterpart, Giova
Euronav to Deploy ULCC for LSFO Storage
Euronav, one of the largest tanker companies in the world, will deploy one of its two ultra large crude carriers (ULCC) to store cleaner marine fuel ahead of a major regulatory change in 2020, the Belgium-headquartered group said on Friday.From January 2020, the International Maritime Organization (IMO) will ban ships from using fuels with a sulphur content above 0.5 percent, compared with 3.5 percent now…
Vitol and KOMIPO Sign LNG Pact
South Korea's Korea Midland Power (KOMIPO) and Vitol Asia have signed a memorandum of understanding (MOU) on cooperation in various sectors including liquefied natural…
Searcher Seismic Acquires Triok
Searcher Seismic, in cooperation with BGP, has completed the acquisition of the Triok broadband non-exclusive 2D seismic survey in the Northern Basins of Papua New…
Teekay, Samsung Opt for Hydroniq Coolers
Norwegian supplier Hydroniq Coolers has won contracts from Samsung Heavy Industries Co. Ltd. (SHI) to deliver the cooling system for the engines of the six LNG-fuelled…
Fincantieri Delivers Costa Venezia
Fincantieri's Monfalcone shipyard handed over Costa Venezia - built specially for Chinese guests - to Costa Cruises, the Italian brand of Carnival Corporation, the…
Zvezda Shipbuilding Gets USD3.09bln
Over 202 billion rubles ($3.09 billion) will be allocated for the construction of the Zvezda shipbuilding complex in Russia's Far Eastern Primorsky Region, of which…
LNG-Operated Survey Vessel Atair Floated Out
German Naval Yards Kiel, has floated out 'Atair', the world's first LNG fueled research vessel, after a building period of 16 months.The 75 m vessel is being built…
Arctic May Turn Ice-Free by 2040
The Arctic Ocean could experience an ice-free summer at some time in the next 20 years, says a new study.According to a new study in the AGU journal Geophysical Research Letters…
Spliethoff Gets Green Loan From ING, EIB
Dutch banking group ING and the European Investment Bank said they will provide a EUR 110 million ($123 million) loan to Dutch ship management firm Spliethoff’s Bevrachtingskantoor B.V.
Yinson, First E&P in $902 Mln FPSO Deal
Malaysia’s floating production storage and offloading (FPSO) operator Yinson and Nigerian oil company First Exploration & Petroleum Development Company Ltd (First…
MDL Bags West Africa SURF Project
UK-based Maritime Developments Ltd (MDL), which designs, manufactures, and delivers machines to energy sector, said that it has secured a flexible installation…
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