ABS, a leading provider of classification services to the global marine and offshore industries, has completed a project with a group of leading Greek shipowners to support preparations for implementing the European Union’s Monitoring, Reporting and Verification (MRV) regulation for CO2 emissions…
South Korea will pump $9.5bn (11 trillion won) into state-run policy lenders reeling from huge losses on loans made to the beleaguered shipbuilding and shipping sectors to help them deal with further corporate distress, says FT. South Korea's…
The ReCAAP Information Sharing Centre (ReCAPP) May 2016 report says that only eight incidents of piracy and armed robbery against ships were reported in Asia for the month, down 65 percent from May last year. Between January and May 2016…
On 8 May 16, the ReCAAP ISC received information from the shipping company about the loss of communications with product tanker, Hai Soon 12. Hai Soon 12 , carrying 4,000 metric tons of Marine Gas Oil (MGO), departed Singapore for the…
Panama Canal Authority said it has lifted restrictions on the depth of ships passing through that had been imposed since April because of low water levels caused by severe drought, says a report in AP. On April 18, Panama Canal started…
Japan has lodged a protest with the Chinese ambassador in Tokyo, after a Chinese ship sailed close to contested islands in the East China Sea. Chinese navy has made an unprecedented entry into waters around the disputed Senkaku Islands…
Arctic sea ice hit a record low in May 2016 as scientists discovered the first-ever link between melting ice in Greenland and a phenomenon known to warm the area faster than the rest of the Northern Hemisphere. According to the National Snow and Ice Data Center (NSIDC) in Boulder…
Workers at Elengy's three liquified natural gas (LNG) terminals in France have voted to stage two 24-hour strikes on Thursday and next Tuesday as part of nationwide protests against a labour reform bill, a CGT union official said on Wednesday…
Another ocean freight executive has been indicted for participation in a long-running conspiracy to restrain trade in international ocean shipments of roll-on, roll-off cargo to and from the Port of Baltimore and elsewhere in the United States…
AEGIR-Marine, working together with two Dutch technical universities, has launched two substantial research programs in the field of stern tube seals. “Market and environmental requirements have changed and will keep changing,” said Ruud Muis…
Norwegian oil firms and their employees will begin a final round of wage negotiations on June 30 in a bid to avoid a strike that would limit the output of oil and gas from western Europe's top producer, the Industri Energi labour union said on Wednesday…
Chief Executive Officer Njaal Saevik in offshore service vessel owner Havila Shipping told Reuters in a telephone interview:From Havila's point of view 'it may be reasonable to consolidate (the industry) but we believe each company needs…
The Bomin Group, a global physical supplier and trader of marine fuel oil, has appointed Andrew Laven as the new Regional Manager for Middle East and Africa. Laven will be based at Bomin’s office in Dubai, working with the wider team to…
The Navy is bringing warrant officers back to Naval Oceanography in 2018 after a 28-year hiatus.In late March, the Navy Personnel Command released the message, NAVADMIN 079/16, reestablishing the program and at the same time disestablishing the Oceanography Limited Duty Officer (LDO) Program…
InterMoor, an Acteon company, has successfully completed the final tensioning and chain cutting operations on the FPSO Turritella for the Shell Stones project, located in the Walker Ridge protraction area in the Gulf of Mexico (GoM). The…