Two Yamal Arctic LNG Tankers to Start Sea Trials
A new Arc7 class ice-breaking liquefied natural gas (LNG) tanker, the Nikolay Urvantsev, is undergoing sea trials, Refinitiv data shows, becoming the 13th vessel…
Indonesia: 17 Dead in Motorboat Sinking
At least 17 people, including four children, died after a motorboat sank in choppy waters off the Indonesian island of Java, a government official said on Tuesday.The…
Houthis to Allow U.N. to Inspect Ships in Hodeidah
Yemen's Houthi movement and the United Nations have agreed on a mechanism to inspect ships docking at Hodeidah following the group's withdrawal from three Red Sea ports under a U.N.-sponsored deal…
Being Green: Banks Consider CO2 Emissions in Shipping Loans
A group of leading banks will for the first time include efforts to cut carbon dioxide emissions in their decision making when providing shipping company loans, executives said on Tuesday.International shipping accounts for 2.2% of global carbon dioxide (CO2) emissions and the U.N.'s International Maritime Organization (IMO), has a long-term goal to cut greenhouse gas emissions by 50% from 2008 levels by 2050.Working with non-profit organisations the Global Maritime Forum…
Saudis Urge Global Effort to Safeguard Local Navigation
Saudi Arabia's cabinet urged the international community on Tuesday to take firm measures to ensure the safety of navigation in waterways across the region, the state news agency said, a week after tw
Report: The U.S. Marine Market
A ‘work in progress,’ the North American brown water, shallow draft sectors have experienced a tumultuous year of evolution, changing market conditions, a rapidly…
Turkey to Launch Second Cyprus Drill Ship
Turkey will launch a second drilling vessel on Thursday that will begin natural gas operations near Cyprus at the beginning of July, Turkish Energy Minister Fatih…
Haugen Joins Pacific Green Exec Team
Pacific Green Technologies Inc. (PGTK), owner of the ENVI-Marine and ENVI-Clean Exhaust Gas Scrubbing Systems, appointed Atle Haugen as Sales Director, Marine Direct…
DM Shipping Sells MR Tanker
DM Shipping (DMS), joint venture company between Mitsubishi Group (40 pct) and d'Amico Tankers (51 pct), signed a memorandum of agreement for the sale of the MT High Efficiency…
C&J Energy, Keane Merge in $1.8bln Deal
Oilfield services firms C&J Energy Services and Keane Group, said that they will merge in an all-stock deal valued at about $1.8 billion.C&J Energy, which offers…
Further Delay in Barryroe Project Loan
Ireland's offshore Oil and gas company Providence Resources has again pushed back a deadline to receive $9mln of funding from Apec, its farm-in partner in the key…
Philly Shipyard, Vard Marine Win CHAMP Gig
Philly Shipyard (PSI), the U.S. commercial shipyard constructing vessels for operation in the Jones Act market, and the naval architecture and marine engineering…
Howard Completes Port Arthur Terminal
Texas-based midstreamer Howard Energy Partners (Hep) announced that it’s completed the expansions of its bulk liquid terminal facilities in Port Arthur and Corpus Christi…
Meyer Werft Lays Keel for Iona
German shipbuilder Meyer Werft has laid the keel for the British P&O Cruises’ first-ever LNG ship, which will be named Iona and be the greenest cruise ship in the…
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