The Panama Canal Authority (ACP) said that Grupo Unidos por el Canal. S.A. (GUPC) has resumed work on the new locks project during the afternoon of Thursday, February 20.“Works have restarted this afternoon,” said Panama Canal Administrator Jorge L…
Bibby Offshore Singapore (BOS) said it has successfully completed a call out contract with PTT Exploration & Production Co Ltd (PTTEP).The project involved a short notice mobilization, and saw the BOS-operated DP2 ROV Support Vessel, the…
Marine transport advisors McQuilling Services explain in a tanker industry note that timing is everything in a volatile tanker market.McQuilling explain that on the outset, one might not directly see a similarity between Valentine’s Day and the tanker market…
Sweden, South Korea and Denmark have initiated a global partnership on the development of e-navigation solutions. Modern technology will lead to higher safety and more efficient transports at sea.The Swedish Maritime Administration is leading the largest European e-navigation project…
Global energy technology services company Proserv has secured two contract wins in the Gulf of Mexico worth a combined $17 million. The deals with Noble Energy and Talos Energy will see Proserv carry out work at the operators’ respective Gunflint and Phoenix Field Expansion developments…
The Department of Defense, Navy, announce that Electric Boat Corp., Groton, Conn., is being awarded a $520,000,000 undefinitized contract action under existing contract (N00024-12-C-2115), for additional long lead time material associated with…
A series of frauds, emanating from Turkish ports involving the shipment of bogus cargo and perpetrated against ship owners, have been uncovered by the security arm of the UK P&I Club, Signum Services, as reported in a prevention advice note…
Alion Science and Technology, a global engineering, technology and operational solutions company, announced that Ron Crocker has joined the company to enhance GSA communications and provide strategic management of several of Alion’s GSA indefinite…
BW Offshore announced that it has exercised an option to acquire the tanker Blue Opal for $83.4 million from Daewoo Shipbuilding & Marine Engineering (DSME). Blue Opal is a DSME designed and built VLCC (320,000 dwt) from 2012.BW Offshore…
The Marseilles Fos port authority has signed a five-year renewal of its agreement with the United Nations Conference on Trade and Development (UNCTAD) to provide management training for ports in French-speaking Africa.The collaboration dates…
Specialist shipping intermediaries insurer ITIC says that the failure of shipbrokers to follow up on time-sensitive messages can have serious financial consequences, particularly in fluctuating spot markets.In its latest Claims Review, ITIC…
Currently, 319 oil/gas floating production units are now in service, on order or being remarketed for reuse. FPSOs account for 66% of the existing systems, 73% of systems on order. Another 25 floating LNG processing systems are in service or on order…
New Jersey Gov. Christopher Christie, State Sen. Joseph Kyrillos, Monmouth County Freeholder Director Thomas Arnone, NY Waterway President & Founder Arthur E. Imperatore and Yank Marine President & Founder John C. Yank Jr. of Tuckahoe today…
Star Bulk Carriers Corp. (Nasdaq: SBLK) took delivery of M/V Star Challenger (formerly M/V “Supra Challenger”), a 61,462-dwt Ultramax bulk carrier of built in Japan by Imabari Shipbuilding Group in November of 2012.The ship has been employed…
MPE Interiors has completed a contract for ferry operator Stena Line to deliver an extensive fit out on the Stena Adventurer vessel. MPE carried out the refurbishment works at the forward end of passenger decks seven and eight on the vessel which operates between Holyhead…
