Iran is projected to officially join the LNG Exporters Club in the next two years, managing Director of National Iranian Oil Company Rokneddin Javadi was quoted as saying by Mehr News Agency. Establishing new LNG production units instead…
Freight rates for very large crude carriers (VLCCs) could face drop further next week on excess tonnage supply and lower cargo volumes, reports Reuters. A Singapore based VLCC broker said that there’s no upside. Rates will either be flat or on the downside…
The Commission voted at its meeting 22nd October to issue a final rule on ocean transportation intermediary (OTI) licensing and financial responsibility requirements, and directed staff to prepare an advanced notice of proposed rulemaking…
UK headquartered shipbroker Century Marine Services has been the victim of a sophisticated fraud by a Dubai based firm calling itself Matin Marine Services. Despite having no business relationship with Century Marine Services, Matin Marine…
Capt Pradeep Chawla, Managing Director QHSE & Training, Anglo-Eastern Ship Management Ltd., Presented a paper at the Nautical Institute Hong Kong Branch Seminar – “Competencies of a Future Mariner” on 23 October 2015. Following is the extract…
Jensen Maritime Consultants debuted a pair of LNG bunker barge concepts. The first concept involves outfitting an existing barge with an above-deck LNG tank. The concept can be further modified to accommodate more than one type of product, if a customer has a need for multiple liquid transfers…
A range of marine battery solutions received approval for use on-board ships or marine related applications such as offshore platforms and renewable energy projects. Available from Eco Marine Power (EMP), a developer of renewable energy solutions for ships…
Press release - Royal Caribbean Cruises (RCC) President and COO Adam Goldstein and U.S. Maritime Administration (MARAD) Administrator Paul Jaenichen, together with a host of port authority, shipping and cruise line executives, and freight transportation coalition and consulting experts…
Oslo based BW Fleet Management have chosen to sign a 3 year “BuyerLink” Service contract with EVRY, to use the MarineLink Service and run in parallel with their other eCommence providers who integrates directly with their Oracle EBS Purchasing application…
Press relase - Bureau Veritas has issued Design Approval for the new Mark V LNG membrane containment system designed by France’s GTT. This clears the way for the system to be used in new LNG carriers and FLNGs. The Mark V technology is an optimized version of GTT’s Mark III system…
Adélie penguin populations in East Antarctica have almost doubled over the past 30 years, according to research published in PLOS ONE today.Australian Antarctic Division seabird ecologists, Dr Colin Southwell and Dr Louise Emmerson, alongside colleagues from Australia…
Inmarsat welcomed the President of the People’s Republic of China, Mr Xi Jinping to its London headquarters, as part of the President’s historic State Visit to the UK.The visit reflects the close working relationship between Inmarsat and China…
Singapore-based anti-piracy agency, ReCAAP Information Sharing Centre (ReCAAP ISC) has recorded a total of 161 incidents of piracy and armed robbery against ships in Asia during January-September 2015. This represents a 25 percent increase in the total incidents compared to 2014…
Brazil’s Parliamentary Commission of Inquiry (CPI) has recommended the deepening of investigations into 10 companies - including Keppel, SembCorp Marine and Kawasaki Heavy- involved in the alleged bribery transactions with Petrobras and Sete Brasil…
Daewoo Shipbuilding & Marine Engineering Co. (DSME) is expected to log an operating loss of over 5 trillion won (US$4.4 billion) this year, up by some 1 trillion won from previous forecasts, reports Yonhap. The outlook follows a recent audit by the state-run Korea Development Bank (KDB)…