Energy giant BP has agreed a $625m deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields, as well as its minority stake in the Shell-operated Shearwater field…
Those shipowners looking to install marine exhaust gas cleaning systems (EGCS) as way of meeting global sulfur cap requirements are advised to ensure that manufacturers, shipyards and installers are using quality, high-end materials.Based on…
Jim Hanlon has announced his plans to retire as Chief Executive Officer of the Center for Ocean Ventures and Entrepreneurship (COVE) in 2020.“I’m really proud of what we have accomplished at COVE”, said Jim. “At COVE, we’ve created a world-leading…
Greensea announced the opening of a second office in Plymouth, MA, an expansion fueled by autonomy and subsea navigation tech advances using its OPENSEA platform.Greensea Systems (Richmond, VT) new location, at 10 Cordage Park Circle, Suite 222…
The Coast Guard is responding to a 6.5 magnitude earthquake and seismic activity off the south and southwest coasts of Puerto Rico.All the ports in Puerto Rico and the U.S. Virgin Islands remain open until further notice. Currently, there is…
North American energy infrastructure company Sempra Energy and Saudi Aramco's Aramco Services Company, signed an Interim Project Participation Agreement for the Port Arthur LNG export project under development in Jefferson County, Texas.According to a press release…
Greek commercial ship management company Signal Maritime Services and tanker vessel trader Heidmar join forces to deliver commercial management to the global tanker market.Both companies have agreed a milestone partnership, under which Signal…
Dutch multinational Geo-data specialist Fugro announced that it has been disappointed in an arbitration case involving Tasik Toba Subsea in March 2019, of a long-term chartered DP3 diving support vessel, the Southern Star.An arbitration tribunal…
European providers of transportation and logistics services P&O Ferrymasters has announced plans to open five new offices across Turkey over the next two years as it continues the expansion of its pan-European logistics services into Asia.In addition to its existing base in Istanbul…
With the January 1 implementation of IMO 2020, which requires dramatic reductions in the sulfur content of emissions from ocean-going vessels, the United States government issued a new rule that it asserts actually facilitates the distribution of compliant fuel…
The Helen Delich Bentley Port of Baltimore has secured $1.8 million in grant funding from the U.S. Environmental Protection Agency (EPA) to replace older diesel-powered equipment with newer, cleaner versions.The Diesel Emissions Reduction Act (DERA) funds will cover about 44 dray trucks…
Japanese classification society ClassNK has released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships on December 27, 2019.Some of the requirements amended are as follows:In response to feedback from damage investigations…
ShipServ has appointed Henrik Hyldahn as its new CEO, effective January 1, 2020. Hyldahn was previously ShipServ’s Chief Solutions Officer. He replaces CEO Kim Skaarup, who will join the company's board as Vice ChairmanAs new CEO, Hyldahn will…
APM Terminals Pipavav (Gujarat Pipavav Port Limited), has appointed Mr. Jakob Friis Sørensen as Managing Director, effective January 1, 2020Sørensen has been a part of A.P. Moller Maersk Group since 1987 starting at the internal A. P. Moller Shipping School in Copenhagen…
KPI Bridge Oil has appointed Patrick Hoé as Managing Director for its Denmark operations.Hoé joins KPI Bridge Oil from an international sales position in the wind power industry but he previously spent eiight years with a global trading house as senior bunker trader.