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HMAS Newcastle Joins Cousin for Replenishment
HMAS Newcastle has marked her second Operation MANITOU patrol with a dual replenishment at sea in the Gulf of Aden with USNS Kanawha and Pakistan Navy Ship Alamgir.
Mainstay Marine Expands Lifting Capacity
Welsh workboat builders and servicing specialists Mainstay Marine Solutions said it has secured funding to support the purchase of a 150/200 ton boat lift. Mainstay Marine Solutions, marine engineers located in the deep-water port at Pembroke Dock on the Milford Haven Waterway, are set to purchase an amphibian boat hoist with the assistance of Coastal Communities Fund (CFF) funding. The 150/200 ton…
Antwerp Port Blocked as Boxship Runs Aground
Traffic to and from Antwerp, Europe's second-biggest port, was halted on Monday after a container ship ran aground on the banks of the river Scheldt which connects the port to the North Sea.
Husky Energy Pact for Canadian Offshore Project
NC-Lavalin, Dragados Canada and Pennecon announced that their General Partnership (GP) has been awarded a construction contract from Husky Energy as part of the…
Shipping Suspended in Turkey's Bosphorus
Traffic in the Bosphorus Strait, an important international shipping lane for oil and grain, was suspended on Thursday morning, data from Turkey's coastal safety agency showed.
More Migrants Feared Drowned off Yemen
Some 180 young Ethiopian and Somali migrants, many weakened by hunger and drought in their home countries, were forced from a boat into rough seas off Yemen by smugglers…
Hong Kong Continues Cleanup Following Palm Oil Spill
Hong Kong stepped up efforts on Wednesday to clean up a massive palm oil spill, with authorities scooping up more than 90 tonnes of foul-smelling, styrofoam-like…
Dry Bulk Shipping Gets a Boost from US Coal -BIMCO
U.S. seaborne coal exports have turned years of negative growth around and seem to be climbing for a third quarter in a row. The increase in total volume is predominantly driven by a growing demand from European importers. East Asian buyers have also ramped up their import of U.S. coal, which is beneficial for the dry bulk shipping industry as it generates a substantial amount of ton-miles, relative to other destinations. BIMCO reported back in December 2016, that the ton-miles from U.S.
Italy, Malta Turn Away Migrant Rescue Boat
A Spanish aid group operating in the Mediterranean said on Tuesday one of its boats had been barred by Italy and Malta from disembarking migrants rescued two days ago.
New Player Enters the Decommissioning Market
A new entrant to North Sea decommissioning, Well-Safe Solutions was established by a group of oil industry stalwarts Alasdair Locke, Mark Patterson and Paul Warwick, setting out to provide a new approach to the safe and cost-efficient decommissioning of subsea wells. The new start company, which aims to attract £200 million ($260 million) in investment and create 400 new jobs, will offer a specialist well abandonment service.
Statoil Set to Drill Its Biggest Arctic Hope
Norway's Statoil will soon start drilling this season's most promising Arctic prospect, Korpfjell, after several disappointing wells in the Barents Sea, the company said on Monday. The majority state-owned company has stepped up drilling in the Barents Sea this year as the government seeks to attract more explorers to its Arctic waters to make up for declining North Sea output. The Norwegian Petroleum Directorate said on Monday Statoil's latest well in the Barents Sea…
DNV GL's Tørstad Talks Energy Trends
When Elisabeth Tørstad took the helm as CEO of DNV GL - Oil & Gas in late 2013, the price of a barrel of NYMEX (WTI) crude oil was more than $100. Today, that price has been halved, and the 40-month period between her ascension to the top post and our meeting with her in Houston in May 2017 has been arguably the most tumultuous in the oil industry’s history. Tørstad shares with Maritime Reporter & Engineering News her insights on the market going forward.
The Evolving ATB Jones Act Business Model
Today’s ATB play seemingly has legs for the long haul, as operators build and market needs fluctuate. The refined product trades are always in flux. Similarly, the supply patterns for products (and for chemicals derived from oil refining) are subject to constant change. At the same time, the distribution of refined petroleum products sees great benefit from the efficiency of Articulated Tug Barges (ATBs)…
2017 IMO Award for Exceptional Bravery at Sea
Two members of the Houston Pilots in the United States are to receive the 2017 International Maritime Organization (IMO) Award for Exceptional Bravery at Sea. The…
Photogrammetry Accelerates Creation of Marine Enclosures
Costa Marine Canvas specializes in producing high end, custom marine furniture, soft goods, enclosures and covers. One of the most difficult of those tasks is creating windscreen enclosures for large and complex fly-bridge structures. A typical flybridge enclosure might have five 5-foot tall panels, ranging in various lengths, and combined to be 20 feet or more. While basic in appearance, each panel…
Oil Markets Brace for Possible US Sanctions on Venezuela
U.S. oil markets were readying for fallout from potential U.S. sanctions on Venezuela's vital oil sector on Monday after Sunday's election in the struggling country was deemed a "sham" by Washington. Venezuelan President Nicolas Maduro on Monday celebrated the election of a new legislative superbody that will have the power to dissolve state institutions such as the opposition-run Congress. Countries around the world denounced the vote. U.S.
U.S. Coal Exports Soar, Revived in Part by New Energy Policy
U.S. coal exports have jumped more than 60 percent this year due to soaring demand from Europe and Asia, according to a Reuters review of government data, allowing…
France to Nationalize STX if Italy Deal Fails
French govt has made 50/50 ownership offer to Italy; Minister says offer on the table until Thursday. The French state said on Wednesday it would nationalise the…
The Marshall Islands Move to Head of the Class
Leveraging 27 worldwide offices, the RMI Registry has been gaining market share year-on-year. Surging tonnage and a solid record for safety has pushed the registry to the head of the class.
Broadband Demand
Satellite-based connectivity has always played a critical role for the maritime sector. As the communications expectations of ship owners, passengers and crews continue to grow, maritime service providers are seeing a transformation in the type and quantity of applications that need to be supported at sea. The advent of VSAT broadband services is driving a shift away from traditional, low-level L-band connections that ship operators have relied upon for decades.
