Vedanta Limited, India’s only diversified natural resources company today received the ‘Letter of Award’ for Redevelopment of Berth No.8, 9 and Barge Berths at Port of Mormugao, Goa (‘Project’) on Design, Build, Finance, Operate and Transfer (DBFOT) Basis…
The future of Bob Dudley at the head of BP seems untarnished by shareholders' unusual rejection of his pay package as 99.6 percent of them also backed his re-appointment and trust him to lead the company through a period of weak oil prices. For the 60-year-old American…
Leading international marine and engineering consultancy LOC Group has announced a collaboration agreement with marine survey experts Studio Navale Canepa (SNC) of Italy. Together the two organisations are combining expertise and their global…
Today Mitsubishi Heavy Industries, Ltd. (MHI) launched operations at MHI Australia, Pty. Ltd. in Sydney. Creation of the new entity has two overriding ambitions: 1) to strengthen ties with Australia's governmental institutions and economic and industrial sectors…
On the back of increased production by its anchor customers, Essar Ports Limited (EPL) has registered significant growth in cargo handling over the last three months. In March 2016 alone, EPL’s four operational ports handled total cargoes of 6…
Incat Crowther announced the delivery of Najla McCall, the second vessel in SEACOR Marine’s Express Plus class of Fast Support Vessels (FSV).Sistership to the Alya McCall launched in November last year, Najla McCall has seating capacity…
The Bureau of Ocean Energy Management (BOEM) has signed an agreement with the City of Jacksonville, Fla., and the U.S. Army Corps of Engineers authorizing them to dredge nearly 1.4 million cubic yards of sand from federal waters for periodic renourishment of the Duval County shoreline…
Korea Gas Corp, the world’s biggest importer of LNG, has struck deals with French giant Total to extend its reach into the liquefaction sector, reports Reuters. Total has pledged to press forward with investment in LNG despite the downturn…
The International Chamber of Shipping (ICS) has made a number of submissions to a critical meeting of the IMO Marine Environment Committee (MEPC) which begins in London next week (18-22 April). These address further measures to reduce the sector’s CO2 emissions…
In a period of cost constraint and increasingly complex oil & gas production, finding solutions that increase efficiency and production has never been more important. To address the industry’s need for smart solutions that reduce complexity…
The newly developed waste heat recovery system 'Hydrocurrent Organic Rankine Cycle (ORC) Module 125EJW' 1 by MHI Marine Machinery & Engine Co., Ltd. (President: Kazuo Soma, Head Office: Nagasaki) has begun operation on the vessel named Arnold Maersk belonging to Maersk Line…
Woodside today signed a five-year charter contract with Norwegian company Siem Offshore Australia Pty Ltd — an agreement that delivers Australia its first LNG-powered marine support vessel in 2017.Woodside Chief Operations Officer Mike Utsler…
ABS has granted approval in principle (AIP) to a Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design.Specifically conceptualized for near-shore operations, the vessel was designed with a length of 1,050 ft (320 m)…
Indian classification society, The Indian Register of Shipping (IRClass), continues to be instrumental in facilitating the aims and objectives of the Government’s Make in India initiative, lending its support this week in Mumbai to the Maritime India Summit…
National Response Corporation (“NRC”) announced today it has acquired ENPRO Services, Inc., adding to its national footprint and expanding its full line of environmental, emergency response, and industrial services.Since 1983, ENPRO has been providing essential environmental…