Croatia Arrests 12 in Shipyard Probe
Twelve people were arrested in Croatia on Tuesday on suspicion of causing over one billion kuna ($152.16 million) in financial damage to the country's biggest shipbuilding group Uljanik and the state budget, the interior minister said.Uljanik, which is 25 percent state-owned and operates two shipyards in the northern Adriatic cities of Pula and Rijeka, has been battling to stave off bankruptcy due to liquidity problems that began in 2017.
EU may Extend Med Mission for Air Patrols
The European Union is considering a six-month extension to its Mediterranean mission, which is aimed at cracking down on smugglers and migration from Africa, but only for air patrols and training Libya's coast guard, according to a draft statement.The current mandate of the so-called Sophia mission expires this week and Italy wants to change it so that its ships are no longer patrolling and picking up people in the sea.
IMO 2020: Exxon Mobil Projects 25% Decline in High-Sulfur Fuels
Exxon Mobil Corp expects high-sulfur fuel oil demand to fall 25 percent by 2025, as a new set of emission regulations from the International Maritime Organization capping sulfur content in shipping fuel at 0.5% kicks in in 2020, a top-level official at the U.S. oil and gas company said on Monday.The International Energy Agency has forecast high-sulfur fuel oil demand to fall 60 percent next year, whileā¦
Kinder Morgan quits Crude Export Venture
Kinder Morgan Inc has dropped out of a recently proposed U.S. Gulf Coast deepwater crude export venture, the project's leader Enbridge Inc said on Monday.The $800 million projectā¦
MAN ES Invests in Hydrogen
MAN Energy Solutions is acquiring 40 percent of the shares of the electrolysis technology company H-TEC SYSTEMS. A contract confirming the partial acquisition was signed in Augsburg by Dr. Uwe Lauber, CEO of MAN Energy Solutions, and Ove Petersen and Heinrich Gärtner, executive managers of the GP JOULE Group. The contract also makes provisions for a majority or complete takeover of H-TEC SYSTEMS at a later date.
UK Industry Floats Offshore Wind Group
An advocacy group, led by RenewableUK and Scottish Renewables, has been launched by industry body RenewableUK to make the case for large-scale deployment of floatingā¦
Reabold Signs Rig Contract for West Newton Well
UK-based Reabold Resources said Rathlin Energy UK Ltd has signed a rig contract for the onshore UK West Newton appraisal well.The appraisal well at West Newton will have two objectives.
ION Bags Multi-Client Job in C. America
ION Geophysical Corporation has announced a new 2D multi-client reimaging program off the Pacific coast of Central America.According to the provider of acquisition equipmentā¦
Van Oord, SGRE Win Windpark Fryslân Job
The consortium of Van Oord and Siemens Gamesa Renewable Energy (SGRE) has signed a conditional contract to build the Windpark Fryslân nearshore wind farm in theā¦
ONE Announces New Global Network
The global container shipping company Ocean Network Express (ONE) has recently announced the new global container service network for 2019.The Japanese containerā¦
Stena Installs Japanese Sleeping Pods
European ferry operator Stena Line has installed Japanese sleeping pods on its Mecklenburg-Vorpommern and Skåne vessels, operating between Rostock in Germany andā¦
Argus LSFO Price Assessments for Fujairah
Oil price reporting agency Argus Argus has launched low-sulphur fuel oil (LSFO) price assessments for the ex-wharf and delivered bunker markets in Fujairah.Fujairahā¦
Sri Lanka, Korea Pact on BWMS
Sri Lanka's leading ship repair, ship building, heavy engineering and offshore engineering facility Colombo Dockyard PLC (CDPLC) inked an agreement with PANASIAā¦
Navis Rolls-out Smart Tech
The terminal operating systems provider unveiled its new offering, āNavis Smart,ā providing new ways for container terminals and carriers alike to capture and processā¦
Thessaloniki Port Joins Green Award
The Port of Thessaloniki becomes the first port to join the Green Award certification program in 2019 to attract and reward green high quality ships.Thessaloniki Port Authorityā¦
New COSCO Service Between UK, Europe, Russia
Chinese state-owned shipping and logistics services supplier company COSCO Shipping Lines announced a new COSCO feeder service from St Petersburg, Russia will beginā¦
2018: Record Year for Port of Antwerp
With a growth of 5.2% in 2018 compared to previous year, the Port of Antwerp has confirmed the earlier forecasts for a 6th consecutive year record."The confirmationā¦
Yang Ming Reports $219mln Loss for 2018
Taiwanese global shipping and logistics services company Yang Ming Marine Transportation Corp. it had a net loss of $218.5 million in 2018, with operating resultsā¦
Denmark, Ghana Pact to Enhance e-Navigation
Ghana and Denmark signed a Memoranda of Agreement to enhance e-navigation in the maritime sector and support implementation of international maritime regulations.The Minister of Transportā¦
Abu Dhabi Ports Clean the Ocean
Safeen, the provider of integrated marine services in the Middle East and subsidiary of Abu Dhabi Ports, has collected over 120 tons of floating sea debris in Abu Dhabi waters last yearā¦
