Tellurian Clears Hurdle for LNG Export
Texas-based natural gas company Tellurian has announced that the US Department of Energy (DOE) Office of Fossil Energy has issued the long-term authorisation for…
Bangladesh's 2nd LNG Terminal Begins Operations
Bangladesh has employed its second liquefied natural gas (LNG) terminal with the beginning of operations of floating storage and regasification unit (FSRU) 'Summit…
US LNG Opens Floodgates to Europe
The United States has nearly tripled its natural-gas exports to the European Union (EU) since July and signed new licenses seeking to establish American energy as an EU mainstay.
Solitaire on Nord Stream 2 Job in Russia
Allseas-owned pipelay vessel Solitaire has started laying the first line of the Nord Stream 2 twin gas pipeline in Russian waters.Solitaire will spend about a month…
New Shipping Fuels Can Cut Pollution
A new paper ‘Sailing on Solar’, commissioned by Environmental Defense Fund Europe and developed by Ricardo, presents a vision of how international shipping can meet…
GNS, StormGeo Partner in Voyage Optimisation
Global Navigation Solutions (GNS), provider of maritime navigation information for shipping companies, and the weather service provider StormGeo announced a strategic…
Hyundai Heavy Swings to Black in Q1
South Korea's shipbuilding major Hyundai Heavy Industries (HHI) has made an unexpected turnaround by posting 28.1 billion won (US$24.1 million) in operating profit…
First S-to-S LNG Transfer in Singapore
Singapore's state-owned Pavilion Energy has performed the first commercial ship-to-ship LNG bunkering in the Port of Singapore.The operation, the first of such in Singapore…
Container Freight Rates Fall: Xeneta
After two months of steady increases in long-term contracted rates for containership operators, the latest XSI Public Indices report from Xeneta shows a reversal of fortunes…
Diana Shipping Fixes Arethusa with Ausca
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels…
Empower Women in Maritime
Breaking down gender stereotypes in the maritime industry is not just important in its own right, it is also beneficial for the industry as a whole.That was one…
Canyon Charters Otto Candies Vessel
Subsea services company Canyon Offshore said it has entered into an agreement with vessel owner Otto Candies for the charter of the Jones Act-compliant inspection, maintenance and repair (IMR) vessel Ross Candies.The charter will commence in July 2019 upon completion of a previously scheduled regulatory dry dock. Canyon, the robotics division of Helix Energy Solutions Group, said it expects the vessel to support IMR operations for clients operating in the U.S.
Senator Baldwin (D - WI) Introduces 'Buy America' Bill for WI Small Yards
Legislation would close a loophole to strengthen Buy America standards that will support Wisconsin businesses, manufacturers and workers.U.S. Senator Tammy Baldwin today introduced the bipartisan Strengthening Buy America for Small Shipyard Grants Act to strengthen Buy America requirements for federal Small Shipyard Grant funding to support American businesses, manufacturers and workers. The bill is…
MarTID 2019: Maritime Training Budgets Rise
Maritime training budgets continue to trend upwards, compared to the year before: more than 52% of vessel operators reported an increase in training budget, while over 62% of METI reported a larger budget for training. Around 60% of operators and 68% of METIs expect further increases in their training budget for the coming year.These are preliminary findings from the second annual global Maritime Training Insights Database (MarTID) survey.
RAN Expands Training with Kongsberg Simulators
Kongsberg Digital has signed a contract for a delivery of two new K-Sim Full Mission Bridge simulators at the Royal Australian Navy’s (RAN) HMAS Watson Bridge Simulator Facility in Watsons Bay, Sydney, Australia. The project is a noteworthy addition to Kongsberg’s service delivery contracts with the RAN, which includes multiple shiphandling and engine room simulators delivered at training facilities…
New CEO of Humphree Appointed
Volvo Penta has announced that Hannes Norrgren has been appointed the new CEO of Humphree.In 2016, Volvo Penta became a majority shareholder of Swedish marine technology provider Humphree, which specializes in trim and stabilization systems for boat control.This collaboration has allowed Volvo Penta to extend its range of boat dynamics solutions with new trim and stabilization functions, allowed Humphree to access a greater client base…
Kirby Posts 2019 Q1 Results
Kirby Corporation announced net earnings attributable to Kirby for the first quarter ended March 31, 2019 of $44.3 million, or $0.74 per share, compared with earnings of $32.5 million, or $0.54 per share, for the 2018 first quarter. Excluding certain one-time charges, 2018 first quarter net earnings attributable to Kirby were $37.9 million, or $0.63 per share. Consolidated revenues for the 2019 first…
Aqueos Charters Otto Candies DSV
Subsea services company Aqueos Corporation said it has entered into a multi-year agreement with vessel owner Otto Candies for the charter of the US-built multi-role DP-2 diving support vessel (DSV) Kelly Ann Candies.The high spec vessel has a built-in 14-man Draeger saturation diving system complete with three-man bell, moon-pool bell launch with cursor, self propelled hyperbaric lifeboat (SPHL), 60-ton crane and berthing for 76 persons.
USCG Commissions Newest FRC in San Diego
The Coast Guard commissioned the newest California-based 154-foot Fast Response Cutter in San Diego, Wednesday.The Benjamin Bottoms is the fourth Sentinel-Class Fast Response Cutter (FRC) to be homeported at Base Los Angeles-Long Beach.While these ships will be based in San Pedro, they will operate throughout the 11th Coast Guard District, which includes all of California and international waters off of Mexico and Central America.
Wärtsilä Closes Acquisition of SES
The technology group Wärtsilä strengthens its service offering by acquiring Ships Electronic Services Ltd (“SES”), a UK based company specializing in navigation and communication electronics…
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