The principal difficulty for Arctic offshore drilling right now, according to oil industry think tank, is economic. The companies may be back for another try at Arctic offshore drilling, in U.S. waters or elsewhere, if economic conditions change…
Hindustan Shipyard Limited (HSL) may sell its bulk carrier under construction at the yard to the Indian Navy, reports the Hindu. Goodearth Maritime Limited (GML) has failed to settle its dues for nearly a year after placing the order under Diamond Series of 53…
Russian submarines and spy ships are aggressively operating near the vital undersea cables that carry almost all global internet communications, raising concerns in America, reports Reuters. The US intelligence officials feel that the Russians…
At least five people died after a whale watching boat with 27 people on board sank off Vancouver Island and a rescue mission remained active late Sunday, says Canadian authorities. 21 other people have been recovered from the water, says Lt…
Approximately 120 people were injured when a high-speed jetfoil heading from Macau towards Hong Kong hit an “unidentified object” last night south of Lantau Island. The injured, aged between six and 83, were sent to seven hospitals, with 87 discharged as of this morning…
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…
