For Fireboats, The Heat is On
These days, cost-conscious municipalities across the fruited plain, from sea to shining sea, are ordering new waterborne assets to cover their many local responsibilities.
Egypt Shuts Two Med Ports Due to Bad Weather
Egypt on Friday closed the harbors of two of its Mediterranean ports, Alexandria and Dekheila, due to bad weather, the Alexandria Port Authority said.The harbors were shut due to high waves and wind speeds, preventing ships from entering or leaving the ports, though loading and unloading within the ports was continuing normally, the authority said in a statement. (Reporting by Ahmed Salem in Alexandria Writing by Aidan Lewis; editing by David Evans)
Baltic Index Hits 8-month Low
The Baltic Exchange's main sea freight index touched its lowest level in eight months on Friday, weighed down by weak demand across all vessel segments.* The Baltic index…
Venezuela Alters Oil Royalty Formulas, Driven by IMO 2020
Venezuela has changed the formulas for calculating royalties energy companies pay the government to remove references to fuel oil and some crude grades, driven by stricter rules governing marine fuel emissions, according to a document seen by Reuters.A ban by the United Nations shipping agency, the International Maritime Organization (IMO), on the use of fuels with a sulfur content above 0.5%, aimed at reducing pollution…
Search for Missing Bulgarian Sailors Ends
The Norwegian authorities on Thursday suspended wider search and rescue operations for two Bulgarian sailors who officials say fell overboard from a cargo ship in the Norwegian Sea, the Bulgarian fore
Indonesia Boosts Patrols After Chinese 'Trespass'
Indonesia has increased patrols around islands near the disputed South China Sea after a Chinese coast guard vessel "trespassed" into Indonesia's exclusive economic zone, authorities said on Friday.The Chinese vessel entered waters off the coast of the northern Natuna islands in mid-December, leading Indonesian foreign ministry to issue a “strong protest” and summon the Chinese ambassador in Jakarta.Speaking in Beijing on Tuesday…
APSEZ to Buy 75% Stake in Krishnapatnam Port
Adani Ports and Special Economic Zone (APSEZ) said on Friday it would buy a 75% stake in Krishnapatnam Port Co Ltd (KPCL) for an enterprise value of 135.72 billion rupees ($1.89 billion).The deal will take its domestic market share to 27% from 22% on a pan-India basis, the company said in a filing to exchanges.The port, located in the south eastern state of Andhra Pradesh, is the second-largest private…
Two Rescued from Disabled Sailboat
The U.S. Coast Guard rescued two mariners from their disabled sailing vessel, Rhapsody, approximately 288 miles east southeast of Corpus Christi, Texas, Thursday afternoon.Watchstanders at the Eighth Coast Guard District command center received an emergency position indicating radio beacon alert at 2:13 a.m. Watchstanders directed the launch of a Sector/Air Station Corpus Christi HC-144 Ocean Sentry aircrew and diverted the LPG tanker Sahara Gas to investigate the location.Once on scene…
ENA Shogun Signed On One-year Deal
Anchor-handling tug supply (AHTS) vessel ENA Shogun will commence a one-year project (+options to proceed further) with a Bruneian oil company, primarily supporting semi-submersible rigs in their fleet.VOS Singapore said it has secured a third-party ship management contract with a Bruneian offshore support vessel (OSV) owner/operator Lantana Services Sdn Bhd.ENA Shogun is a 200TBP, 16,314bhp, DP2, FIFI1, 2011-built AHTS vessel.Left to right: Ernest Loh, Business Manager, VOS Singapore; Sivakumar
KN Bags $148Mn Loan for its LNG Terminal
The Nordic Investment Bank (NIB) and Lithuanian liquefied natural gas (LNG) and oil terminal operator AB 'Klaipedos Nafta' (KN) have signed a EUR 134.1 million (USD…
Vestas Wins Intertidal Project in Vietnam
Danish wind turbines manufacturer Vestas Wind Systems secured a 50 MW order with Cong ty Co Phan Dau Tu Dien Gio Hoa Binh 1 (Hoa Binh 1 Company), a company owned by Phuong Anh Group.
Evac Appoints Tapio Kolunsarka as CEO
Evac, a supplier of integrated waste, wastewater, and water management systems for the marine, building and offshore sectors, has appointed Tapio Kolunsarka as new…
Costa Smeralda Floated Out
Italian cruise line Costa Cruises said that Costa Smeralda is the first ship in the Costa fleet to be fueled by liquefied natural gas (LNG). "This is a step change for the cruise industry as a whole…
2 Shahid Ports Join Chabahar
The Members of Parliament (MPs) of Iranian Parliament (Majlis) approved the general outlines of a bill on attaching Shahid Kalantari Port and Shahid Beheshti Port…
Carnival Delays Launch of Mardi Gras Ship
Florida-headquartered international cruise line Carnival Cruise Line announced that the debut of its newest ship, Mardi Gras, will be pushed back until Nov. 14,…
