First LNG Loaded from QCLNG Project in Australia
BG Group began loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility to the vessel Methane Rita Andrea December 28. The second cargo of LNG from the facility will be loaded onto the Methane Mickie Harper, which is expected in Gladstone in the first week of January. QCLNG is the world's first LNG project to be supplied by coal seam gas. The start of production from the plant's…
Russian Grain Exports Revive as Informal Curbs Ease
Russian grain exports have picked up again after the decision to impose official export duties reduced the informal curbs that had all but stopped sales abroad,…
Two Rescued from Grounded Skiff near Alaska
The U.S. Coast Guard rescued a man and woman after their 17-foot skiff ran aground near Sitka, Alaska Saturday. Coast Guard command center personnel at Sector Juneau received a 911 call relayed by the Sitka Fire Department concerning the skiff and its occupants after it grounded near Kanga Bay 10 miles south of Sitka Saturday night. It was reported that both passengers were ejected from the skiff when it struck the shore and the male passenger had suffered injuries to his head and face.
RS to Class Newbuild Arctic Tankers
Russian Maritime Register of Shipping (RS) has signed an agreement with South Korean yard Samsung Heavy Industries Co. LTD for design approval and survey under construction of a new series of 42…
Wärtsilä Donates Engine in S. Africa
As part of Wärtsilä’s initiative to support and stimulate the maritime economy in South Africa, the company has donated a Wärtsilä 20 engine to the Nelson Mandela Metropolitan University (NMMU). Part of a long-term sponsoring partnership with NMMU and the South African International Maritime Institute (SAIMI), the engine will be used to facilitate teaching within the University's School of Engineering.
Canal Delays Weigh on Panama Growth
Panama on Sunday lowered its 2014 growth expectation to 6.3 percent, down from a previous estimate of around 7 percent. Panama's economy grew 8.4 percent in 2013…
Egypt Nears Deal for Algerian LNG Imports
Egypt expects to agree a deal to import liquified natural gas from Algeria as early as this week, ministry sources said on Monday, as the country seeks to ease a chronic energy shortage.
Merchant Ships Collide, Six Feared Dead
Two people drowned and four were missing at sea and feared dead after two merchant ships collided in rough seas off the Italian coast on Sunday, Italian officials said.
Storm Shuts Dardanelles Strait to Tankers
Turkey shut its Dardanelles Strait to tankers and its flag carrier cancelled some domestic and international flights in and out of Istanbul due to a storm. The Dardanelles…
Asia-Europe Box Rates Fall 6.6 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.6 percent to $1.149 per 20-foot container (TEU) in the week ended on Friday…
Oil at $60 per Barrel, Libya Fire Supports
Brent on track for biggest annual drop since 2008; stimulus measures from Japan, China lend some support. Brent crude oil rose to $60 per barrel on Monday, supported…
Libya's Oil Output Wanes as Fighting Shuts Ports
Hariga fields still producing but Libya's current output a fraction of pre-2011 levels. Libya is producing 128,000 barrels of oil a day from fields connected to far eastern port of Hariga…
Five Dead, 22 Remain on Board Stricken Ferry
Fire started in early hours of Sunday; rescue efforts hampered by bad weather. Five people were confirmed to have died in car ferry that caught fire off the coast…
USCG Search for Man Overboard
The Coast Guard is searching for the master of a freight ship reported overboard approximately 60 miles east of Wake Island Sunday. Watchstanders at the Coast Guard…
ARC Towage Takes Delivery of 4 Damen Tugs
ARC Towage of Trinidad & Tobago has taken delivery of the last of a series of four Damen ASD 2810 Tugs. All four have been delivered in less than 18 months. The…
Swissco's S$ 2.58 mi misappropriated
The Board of Directors of Swissco Holdings Limited and its subsidiaries have informed shareholders of the Company that the Group has discovered that an aggregate…
BG loads First QCLNG Cargo
BG Group today announced that it has been loading the first cargo of LNG from its Queensland Curtis LNG (QCLNG) facility since 28 December. The vessel being loaded is the Methane Rita Andrea.
EMGS in Brazil Data Sale
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 1.8 million for the provision of 3D…
Wärtsilä Donates Ship Engine to S. Africa
An important initiative by Wärtsilä to support and stimulate the maritime economy in South Africa has come to fruition with the delivery of a state-of-the-art Wärtsilä 20 engine.
Otto Marine Sells AHTS for $100 mi
Otto Marine Limited sold an Anchor Handling Tug Supply Vessel to a renowned unrelated third party for US$100 million. DNV classed and Norwegian-designed, the VS491 21…