DNV GL has developed a new unmanned floating LNG concept that it says overcomes many of the challenges currently faced by those looking to unlock the potential of remote offshore gas fields. Called Solitude, the concept demonstrates how…
The Contender 35 ST made a splash by becoming Seakeeper's new demo boat and the first vessel to have a Seakeeper 3DC - the first battery-powered Seakeeper. While sea trialing in the ultimate weather conditions - 3 foot significant wave height…
On May 16 (Saturday) and 17 (Sunday), a few media outlets reported that crude oil had leaked from Takamine, a tanker operated by NYK Line, while the ship was discharging at JST 9:28 p.m. on May 15 (Friday) at Keihin Kawasaki sea berth (Kawasaki…
On Tuesday, 19 May 2015 the research icebreaker Polarstern will leave its home port in Bremerhaven, setting a course for the Arctic. Led by Dr Ilka Peeken from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI)…
Thailand and China have signed a memorandum of understanding (MOU) in Guangzhou to jointly cut a shipping passage across Kra Isthmus in southern Thailand, the narrowest part of the Malay Peninsula. The canal, located at Kra Isthmus, will…
After almost nine months of construction has MS 'Helgoland' the new LNG (Liquefied Natural Gas) ship of Cassen Eils from Cuxhaven, left the building dock of the Fassmer-Werft shipyard. Helgoland will be the first German flagged marine vessel to operate on LNG as its primary fuel…
South Korean shipbuilder STX Offshore & Shipbuilding (STX O&S) has won an order for up to eight LR1 tankers with a total value of $ 375 million. The contract provides for the construction of four oil tankers of 74,000 tons plus the ability to build four additional ships…
French container line CMA CGM’s consolidated net profit soared to $406 million in the first quarter from $97 million a year ago as the French carrier capitalized on efficiency gains, cost cuts and sharply lower bunker prices. Net profit…
Maersk Line announced that it has entered into Vessel Sharing Agreement (VSA) with Mediterranean Shipping Company (MSC) and Mitsui O.S.K Lines (MOL) on the Asia to East Coast of South America trade. Two loops are covered under the agreement and will be served by 22 vessels in total…
Philippines head quartered International Container Terminal Services Inc. has expressed interest in a majority stake in Piraeus port in Greece, says a report in AFP. “Yes. We are now reviewing this opportunity,” ICTSI vice president and treasurer Rafael Consing Jr…
EU foreign ministers have agreed to launch a military mission against migrant smugglers in the Mediterranean. The decision allows European governments to move ahead with plans for a naval operation. European naval forces will intercept…
The U.S. Coast Guard detained the Ikan Sudip, a Panamanian-flagged 600-foot bulk carrier, after discovering significant environmental and safety violations during an inspection in Astoria. The violations included a failure to use engineering procedures required by U…
Ronnie Grimberg has joined the FairfieldNodal as sales manager for Central and South America, bringing with him 17 years of experience in the seismic industry, most recently as the regional marketing and sales manager for North and South America for Dolphin Geophysical…
British engineering group Rolls-Royce (RR.L) said it would cut 600 jobs in its Norwegian-focused marine business in response to the lower oil price, a move it said would have a 'broadly neutral' impact on 2015 profits. Rolls-Royce is in…
The European Council approved a new shipping regulation on the monitoring, reporting and verification (MRV) of CO2 emissions on April 28, 2015, as part of its overall strategy to reduce greenhouse gas emissions by 2050. The regulation, slated to enter into force on July 1…