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Offshore Oil & Gas: Floating Production Market a Bright Spot
Despite industry gloom about the offshore market, orders for production floaters continue to flow. Over the past few weeks a speculatively-ordered FLNG found use off Africa, negotiations began to convert a third LNG carrier to an FLNG, an FSRU was ordered and a modified LNG tanker has been leased for storage use. Looking forward, we are tracking 30 projects considered likely to generate contracts for floating production units over the next 18 months.
Universal LNG, Sembcorp Marine Pact for West Africa LNG Development
Universal LNG Holdings has launched West Africa LNG Development, a ground-breaking solution partnership between Universal LNG Holdings and Sembcorp Marine Group Company.
Havila Extends Niche Deal with Maersk
Havila Shipping ASA has seen Maersk Oil & Gas (MOG) extend an option for a vessel, allowing the company to avoid the weak North Sea spot market for 12 more months.
Bourbon Says 3 Kidnapped Crew Members Released
French oil services company Bourbon said on Monday that the three Nigerian crew members kidnapped after one of its speedboats was boarded off the Nigerian coast on April 8 had been released.
GUARDIAN Antipiracy Barriers Available to Lease
Guardian Maritime announced that GUARDIAN antipiracy barriers are now available to lease. A passive solution against the threat of piracy, GUARDIAN ship protection system provides worldwide 24/7 protection against stowaways, robbery and piracy for vessels, crew and cargo at sea, anchor or in port, as well as static installations such as oil rigs. Offering an affordable solution, with no initial outlay…
Suezmax Tanker Market Improves
Suezmax tanker owners are among the “happiest” ones when it comes to the performance of their vessels during 2014, as well as throughout this year as well says the…
Floating Storage Picks Up
Information about the ships reveals that about every third vessel on charter contract earlier this year is now being used for floating storage. Most of the Arabian Gulf…
Ferguson Receives Ellis Island Medal of Honor
Adm. Mark Ferguson, commander, Allied Joint Force Command Naples and commander, U.S. Naval Forces Europe-Africa (NAVEUR-NAVAF), received the Ellis Island Medal of Honor during a ceremony May 9…
Royal IHC Launches Dredger for TNPA
The naming and launch ceremony of the 5,500m³ trailing suction hopper dredger (TSHD) ILEMBE took place on Saturday, May 9, 2015 at Royal IHC’s shipyard in Kinderdijk, The Netherlands.
Liebherr Sells Knuckle Boom Cranes to China
Liebherr offshore crane division has recently signed a contract with long-time partner DALIAN SHIPYARD (DSIC Offshore) for two state-of-the-art ram luffing knuckle boom cranes of the type RL-K 4200-100 LIT to be delivered for the new high-level semi-submersible BT 4000. "We have already successfully delivered around 40 machines to DSIC to date, but this contract marks a new milestone for us at the Chinese offshore market…
Suspected Migrant Smugglers Arrested
German police arrested three men on Wednesday suspected of belonging to an organised criminal group that smuggles people from Africa to the European Union. Around 7…
CMA CGM'S Largest Ship Crosses Suez Canal
The CMA CGM Group has announced that the CMA CGM KERGUELEN, the group’s largest vessel, crossed the Suez Canal for the first time on May 2, 2015. On this occasion, the Suez Canal Authority Chairman, the Admiral Mohab Mameesh, boarded the CMA CGM KERGUELEN and completed a section of the Canal crossing. The Suez Canal, at the crossroads between the Asian, African and European continents, has beyond its geostrategic positioning…
Professionals Gather for APS Annual Conference
Maritime professionals from Africa, Europe, and the U.S. began a 4-day conference aimed to enhance collaborative efforts to achieve maritime security in Africa, May 5.
Ulstein Debuts Heavy Lift Designs
Ulstein introduces the HX103 and HX104 designs, DP3 vessels with heavy-lift capability and large outreach combined with a large open deck space and accommodation for 350 and 500 people.
Forty Migrants Drowned in Med on Sunday
Around forty migrants died in the Mediterranean on Sunday, according to survivors of the journey who arrived on the southern Italian island of Sicily on Tuesday…
Capsized Trawler Adrift Disappearing Act in South Africa
South Africa’s charity National Sea Rescue Institute (NSRI) was warning fishermen and other boaters in and around the Cape Peninsula and False Bay Coast to be aware…
6,800 Migrants Rescued as Med Seas Abate
One of busiest weekends for sea crossings this year. Around 6,800 migrants were rescued from overcrowded boats crossing to Europe over the weekend, including a mother…
Asian Tanker Hijacked in Malacca Straits
The Singapore-flagged Ocean Energy was hijacked in the Straits of Malacca on Saturday and fuel siphoned from tanker. According to a report from the Southeast Asian piracy watchdog ReCAAP…
Thousands of Migrants Rescued in Mediterranean
The Italian coastguard has said it had coordinated the rescue of thousands of migrants as they sailed across the Mediterranean on rickety boats, bringing the number…
Suezmax Tanker Market on the Rise Yet Again
Suezmax tankers are looking good for a strong 2015 year, before posting a mild downside during 2016, but are poised to accelerate yet again in 2017 on rising deliveries, said shipbroker Charles R.
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
