Oil Prices Climb above $120 a Barrel ahead of EU Meeting on Russian Oil Ban
Oil prices climbed above $120 a barrel on Monday, hitting their highest in more than two months, as traders waited to see whether a European Union meeting would reach an agreement on banning Russian oil imports.The Brent crude futures contract for July, which will expire on Tuesday, was up 59 cents, or 0.5%, at $120.02 a barrel at 1100 GMT. The August Brent contract, which is more active, rose 74 cents, or 0.6%, to $116.30 a barrel.U.S.
Avenir LNG Takes Delivery of LNG Bunker Supply Vessel
Avenir LNG Limited has taken delivery of the Avenir Achievement, the second 20,000 cbm dual-purpose, liquefied natural gas supply and bunkering vessel (LBV) delivered from Nantong CIMC Sinopacific Offshore & Engineering Co. (“SOE”). The Avenir Achievement is the sixth vessel to be delivered into the Avenir fleet.The vessel will be equipped with BOG reliquefication and simultaneous operations (SIMOPs) capabilities…
Poland Could Build Second FSRU Amid Czech, Slovak Interest
Poland could build a second floating storage and regasification unit (FSRU) next to an already planned installation because the Czech Republic and Slovakia are interested in buying more liquefied natural gas (LNG), the Polish climate minister said.Czech Republic and Slovakia are seeking alternatives to cut reliance on Russian supplies. Slovakia's state gas firm SPP struck deals to buy enough piped Norwegian gas and LNG to cover about 65% of its demand until the end of next year.
MOL's Next-gen Coal Carrier Named in Japan
Japanese shipping company Mitsui O.S.K. Lines (MOL) said that a naming ceremony was held Monday for the MOL-operated next-generation coal carrier at Oshima Shipbuilding Co., Ltd. in Japan.The 234.96 meters long vessel, with a deadweight tonnage of 89,999 tons, will serve Hokuriku Electric Power Company. The vessel was named Hokulink by Hokuriku Electric Power President Matsuda. According to MOL, the…
Petrobras Awards $70M Deal to DOF's Brazilian Subsidiaries
Brazilian oil company Petrobras has awarded service contracts to DOF's Brazilian subsidiaries to Norskan Offshore Ltda. and DOF Subsea Serviços Brasil Ltda.The contracts…
Iran Seizes Vessel Carrying Smuggled Fuel, Arrests Crew Members -Tasnim
Iranian authorities have seized a vessel carrying 106,500 liters of smuggled fuel and arrested nine crew members, the semi-official Tasnim news agency reported on Monday."On the orders of the Qeshm Prosecutor, the officers of the marine base, while identifying a vessel carrying 106,500 litres of smuggled fuel, started the process of seizing it," said the chief justice of Hormozgan province.Iran, which…
Ship to Take Metal from Mariupol to Russia; Kyiv Decries Looting
A ship has entered the Ukrainian port of Mariupol for the first time since Russia completed its capture of the city to load metal and ship it east to Russia, TASS news agency reported on Saturday, in a move that Kyiv decried as looting.A spokesperson for the port told TASS that the vessel would be loading 2,700 tonnes of metal before traveling 160 km (100 miles) east to the Russian city of Rostov-on…
Fire Engulfs Superyacht in British Marina
Fire ripped through a superyacht in southwest England on Saturday, sending thick plumes of black smoke into the sky and briefly releasing the burning vessel to drift across its marina.Police and fire officials said the 85 foot (26 meter) yacht in Torquay, Devon, was "well alight" and the fire brigade said the vessel contained about 8,000 liters of diesel fuel, prompting local areas and nearby beaches…
Iran Says Crew of Two Seized Greek Tankers Not Detained and Are On Board
Iran's state maritime body said on Saturday the crew of two Greek tankers seized by its Revolutionary Guards on Friday had not been detained, and were in good health…
Iran Says It Seized Two Greek Tankers
Iranian forces seized two Greek tankers in the Gulf on Friday, Iranian state media reported, shortly after Tehran warned it would take "punitive action" against…
Shipbuilders Council Announces 2022 Shipyard Safety Awards
The Shipbuilders Council of America (SCA), the national association representing the U.S. shipyard industry, today announced the 2022 Annual Shipyard Safety Awards. SCA recognized a total of 15 U.S. shipyards and repair facilities with seven recipients receiving multiple awards.SCA honors shipbuilding and repair organizations with the “Excellence in Safety” Award and “Improvement in Safety” Award each year for enhancement of operations and promotion of safety and accident prevention.
Iran Plans 'Punitive Action' Against Greece Over Tanker Seizure
Iran has decided to take "punitive action" against Greece over the seizure of Iranian oil off the Greek coast, the semi-official Nour News reported on Friday.Nour News, which is close to a top Iranian state security body, did not say what kind of action Iran would take.Earlier on Friday, Iran summoned the envoy of Switzerland, which represents U.S. interests in Tehran, to protest against the U.S.
Italy's Draghi Discusses Unblocking Ports with Ukraine's Zelenskiy
Italian Prime Minister Mario Draghi and Ukraine's president, Volodymyr Zelenskiy, discussed ways to free up exports to tackle the food crisis that is threatening the world's poorest countries, Draghi's office said on Friday.Russia's blockade of Ukrainian ports has prevented shipments of grain, a major export product of both countries. Russia accuses Ukraine of mining the ports and Ukraine has described the Russian position as "blackmail."In a phone call…
US Navy Taps GA-EMS to Study Propulsor Bearing Concept Designs
General Atomics Electromagnetic Systems (GA-EMS) said on Friday it has been awarded a task order from Naval Surface Warfare Center, Carderock Division (NSWCCD) to conduct a manufacturing assessment of several new propulsor bearing concept designs for U.S. Navy submarines. The task order is under the Propulsor Demonstration Hardware (PDH) Indefinite Delivery, Indefinite Quantity (IDIQ) contract previously…
Tech File: Monitoring Vessel Emissions in Ports
ION Geophysical Corporation announced its climate-smart, digital platform, Marlin SmartPort, has successfully fulfilled its role to help monitor greenhouse gas emissions in the Data-Led Emissions Management (D-LEMA) project.The D-LEMA project is part of the Clean Maritime Demonstration Competition (CMDC) launched in March 2021, funded by the Department for Transport, and delivered in partnership with Innovate UK.
Winners of Student Ferry Design Competition Announced
Following the Worldwide Ferry Safety Association’s (WFSA) Professional Program (held virtually on May 18, 2022), Awards were presented to finalist teams in the WFSA’s Ferry Design Competition, now in its ninth year.Dr. Roberta Weisbrod, WFSA’s Executive Director, said the specifications for the design ferry were crafted to be ever more challenging from year to year, but that this year’s objective creating a safe and affordable ferry for transiting India’s Brahmaputra River…
North and Standard Club Members Approve Merger
Members of the North and Standard Clubs have voted to approve the merger between the two marine insurance firms, creating one of the largest providers of mutual cover in the maritime industries.The P&I clubs, which revealed plans to merge earlier this year, each held special general meetings on May 27 where members voted to greenlight the move to join forces as a single, larger mutual insurer. Pending regulatory approval…
Norway's Hammerfest LNG Plant Resumes Operation After 20-month Outage
Norway’s Hammerfest liquefied natural gas plant has resumed operation as planned and is preparing to restart LNG production, a spokesperson for operator Equinor told Reuters on Friday.The plant has been offline for 20 months following a fire in September of 2020.LNG is made by cooling gas to temperatures that liquefy it, thus allowing large quantities to be transported by ship.“We have resumed operations and started cool down of the plant.
Shuttle Tanker Eagle Colombo Delivered to AET
Shipping company AET on Wednesday took delivery of Eagle Colombo, its latest second generation dynamic positioning shuttle tanker (DPST) from Korean shipbuilder Hyundai Heavy Industries (HHI).The Singapore-registered newbuild is the third and final vessel in a HHI-built series to be operated on long-term charter to Shell in Brazil.AET struck a deal with Shell in December 2019 to operate the three shuttle tankers in the international and Brazilian Basin on a long-term charter.
Austal Delivers 15th Guardian-class Patrol Boat
Shipbuilding group Austal announced its Austal Australia arm has delivered the 15th Guardian-class Patrol Boat (GCPB) to the Australian Department of Defense. The vessel, Te Kukupa II, was then gifted by the Australian Government to the Cook Islands at a certificate signing ceremony at Austal’s shipyard in Henderson, Western Australia.The new Guardian-class Patrol Boat replaces the original Te Kukupa…
