US Re-fracking Balloons to 550 Wells
The horizontal re-frac market within the US onshore scene has boomed in the recent years, with the number of horizontal re-frac jobs increasing every year over the last 10 years…
Exxon, Chevron Accelerate Shale Production
The two biggest U.S. oil companies Chevron and ExxonMobil plan to significantly ramp up production in the US shale heartland as the oil behemoths are seeking to…
SHI Receives New LNGC Order
South Korea’s Samsung Heavy Industries (SHI) has signed a deal for the construction of one more liquefied natural gas (LNG) carrier.The shipbuilder said in a stock…
Flex LNG Bags Charter Deal
UK-based Flex LNG has entered into a time-charter agreement with an international energy major for one of its liquefied natural gas (LNG) carriers.A press release…
Nakilat - Keppel Completes First FSRU Project
Qatar-based Shipyard, Nakilat-Keppel Offshore & Marine (N-KOM) has recently received its first floating storage regasification unit (FSRU) project at the Erhama…
Hydrogen Fuel for Zero Emission Cruise Ships
General Electric’s (GE) Power Conversion business and Nedstack, Dutch fuel cell manufacturer, have entered into a partnership to develop hydrogen fuel cell systems…
DSGC Joins Forces with Maersk for Biofuel Project
A group of Dutch multinationals including FrieslandCampina, Heineken, Philips, DSM, Shell and Unilever, all members of the Dutch Sustainable Growth Coalition (DSGC), will join forces with A.P.
Kalmar Strengthens Cooperation with VidaXL
The provider cargo-handling solutions and services to ports and terminals Kalmar has concluded an agreement to supply a further three Kalmar T2 terminal tractors…
Hapag-Lloyd Mulls Better Performance in 2019
German ocean carrier Hapag-Lloyd expects solid growth in 2019, according to the annual report for 2018 in which the the international container shipping line reports…
IMO Kicks-Start GloFouling Project
International Maritime Organization (IMO), the UN body, announced that a major five-year project to help protect marine biodiversity has been kick-started at a global…
CN Rail Acquires Trucking Company TransX
Canadian National Railway (CN) has signed a deal to acquire the Winnipeg-based TransX Group of Companies, one of Canada’s largest and oldest transportation companies.“We…
Nearly 500 Airlifted from Stricken Cruise Ship
Rescue services had airlifted 479 people to safety from a luxury cruise liner with engine trouble off the coast of Norway by Sunday morning and began towing the vessel to a nearby port.The Viking Sky…
Diamond S Shipping Taps Kilcullen as CFO
US-based tanker owner Diamond S Shipping Inc. said it has appointed Kevin M. Kilcullen as its new Chief Financial Officer.Kilcullen comes to Diamond S from Oslo…
US: Russian Ship Suspected of Aiding N.Korea
The U.S. government has named a Russian ship on a list of vessels suspected of providing fuel to Pyongyang, a month after Reuters reported the same ship violated…
BDO: Shipping Confidence Rises
Even in the face of a raft of geopolitical and trade disputes that have conspired to instill uncertainty in many industries, confidence in the shipping industry rose in the last three months says the latest Shipping Confidence Survey from BDO, a survey that was launched 11 years ago.The survey says …The average confidence level rose to 6.2 out of maximum score of 10 this quarter compared to 6.0 in Q4 2018, according to the BDO survey.
Bollinger Delivers 33rd FRC to USCG
Bollinger Shipyards has delivered the USCGC JOSEPH DOYLE, the 33rd Fast Response Cutter (FRC) to the U.S. Coast Guard. The Coast Guard took delivery on the 21st of March, 2019 in Key West, Florida. The 154-foot Sentinel-class Fast Response Cutter has a flank speed over 28 knots, state of the art command, control, communications and computer technology, and a stern launch system for the vessel’s 26-foot cutter boat.
KVH Expands HTS Maritime Network
Vessels in Asia Pacific, U.S. Pacific Northwest, and other key shipping areas benefit from the latest satellite technology by using KVH’s mini-VSAT Broadband HTS network.KVH Industries announced that it has expanded its mini-VSAT Broadbandsm HTS network to the Pacific Ocean via the Horizons 3e satellite, which is jointly owned by Intelsat and SKY Perfect JSAT. The high-performance Horizons 3e satellite immediately adds to the global coverage and capacity of KVH’s mini-VSAT Broadband HTS network…
Port Authority: 'A strong start to 2019'
Tonnage on river increases 60 percent from 2018Through the first two months of 2019, the Port of Little Rock and its stevedorer, LSI, have seen a year-to-year increase of 33 barges…
OP/ED: The Capital Construction Fund
How to make the Capital Construction Fund work for all vessel owners and operators.The Red and White Fleet is a passenger vessel operator on San Francisco bay with roots back to 1892. We make no secret of the fact that we want to build new vessels with zero environmental signatures, all in an effort to increase employment for shipyard workers, provide new jobs for US mariners, and provide a training ground to support the growth of the U.S. flag deep sea ships.
USCG Commandant Delivers SOTCG Address
The Commandant of the United States Coast Guard delivered his first State of the Coast Guard address Thursday at Coast Guard Base Los Angeles-Long Beach in San Pedro.Speaking from the largest port in the nation, Adm. Karl Schultz highlighted Coast Guard security and marine safety operations, which facilitate $4.6 trillion in annual economic activity.Schultz also recognized the service and sacrifice of Coast Guard men and women deployed around the world ensuring global peace and prosperity…