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FSRU Suppliers Shift from Emerging Markets, Cut Back New Orders
Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets.Liquefied natural gas (LNG) demand from emerging markets in Asia, Africa and South America was expected to be boosted by FSRU technologies that are less expensive and time-consuming than onshore…
Ørsted Hires NHV for Borssele Offshore Wind Farm
The Belgium-based NHV group, which is specialized in B-to-B helicopter services and has a strong geographic presence in Europe and Western Africa, said that it has…
Monjasa: New Bunker Location on the Suez
Monjasa expects a 200,000mts volume increase from its new supply location Djibouti. The objective is to challenge status quo and provide a valid alternative to the traditional Suez and Jeddah bunker markets.Strategically located at the mouth of the Red Sea, Djibouti is fast developing into an attractive bunker destination on the busy Suez waterway. Improved maritime infrastructure and heavy investments…
Fairview Terminal Reaches 1 Million TEU Milestone
The British Columbia’s Port of Prince Rupert and DP World have marked a historic milestone as Fairview Container Terminal handled its millionth container (TEU) for…
Madagascar Seizes Panamanian-flagged vessel with Chinese crew
Madagascar on Wednesday said it had seized a Panamanian-flagged ship with Chinese crew in its waters and said the vessel, that authorities had tracked for some time…
Engie, EDPR, Sumitomo Pact to Build French Offshore Wind Farms
French utility Engie and Spanish partner EDP Renovaveis (EDPR) announced their alliance with the Japanese group Sumitomo Corporation to build the French offshore…
Neptune Energy Indonesia Gets New Managing Director
The oil and gas producer Neptune Energy has announced the appointment of Eko Lumadyo as Managing Director of its Indonesian business, based in Jakarta.Lumadyo will…
Tanzania: Captain Sentenced to 20 for Possession of Shark Fins
The captain of the Malaysian-flagged fishing vessel Buah Naga 1 Captain Han Ming Chuan, a Taiwanese national, has pleaded guilty to the charge of Unlawful Possession…
Safe at Sea Appoints Henrik Hartman as New CEO
Safe at Sea AB, which manufactures and sells a unique rescue boat, the RescueRunner, has appointed Henrik Hartman as new CEO for the company.Henrik has his background…
Robert Allan to Design Turkey’s TOR Group Tugs
Canada's oldest privately owned marine engineering services Robert Allan Ltd announced that it has signed a contract with the Turkey based TOR Group of Companies (TOR)…
Qatar Buys Eni's Mexican Oil Stakes
Qatar Petroleum (QP) signed an agreement with Italy’s Eni SpA to acquire a 35% stake in three offshore oil Fields in Mexico.The agreement cover the Amoca, Mizton…
IMO Training on Managing Security in Djibouti
International Maritime Organization (IMO) is providing training to countries in the west Indian Ocean and Gulf of Aden on managing insecurity in the maritime domain…
The Last Mediterranean Refugee Rescue Ship Ends Operations
The last refugee rescue ship working in the Mediterranean Sea, Aquarius, has ended her operations, French NGO Medecins sans Frontieres said late on Thursday, blaming…
Damen's Financial Leasing for Vessels to South African Fishing Community
Damen Shipyards Cape Town introduced "Africa Ship Leasing" fund - its new financial leasing system for ship building aimed at African shipowners - during the first Fishing Seminar…
Data Management for Comprehensive Fuel Management & Compliance
FUELTRAX optimizes uptime and reduce costs with a real-time marine fuel management solution. Solving your emissions and fuel monitoring reporting and compliance…
MTCC Expands Tech Centres to Address Maritime Emissions
The global network of Maritime Technology Cooperation Centres (MTCC ) is expanding with a number of branch offices and becoming an integral player in implementing…
Africa: Empowering Women in Maritime
International Maritime Organization (IMO)'s global programme on Women in Maritime is the latest to feature at the Sustainable Blue Economy Conference in Nairobi…
IMO Focuses on a Blue, Sustainable Economy
A full house at the IMO side event at the Sustainable Blue Economy Conference has brought together experts in the maritime sector, trade and development.Member States of the African Union…
Inside the LNG Shipbuilding Boom
South Korean shipyards have seemingly boxed out rivals from the market for building large ships carrying liquefied natural gas (LNG), winning all of the orders for the next three years worth more than $9 billion.Three South Korean yards - Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries and Samsung Heavy Industries - have won the more than 50 orders placed for new large-scale LNG tankers for delivery in the next three years…
Norway's Equinor strikes LPG Deal with Malaysia
Norwegian oil and gas firm Equinor has entered into a long-term agreement with Malaysia's Global Petro Storage for a terminal and storage for liquified petroleum gas (LPG) volumes in Port Klang…