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Fairmount Tugs Delivers FPSO Petrojarl Knarr

Nov 03, 2014

Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest floating production and storage units (FPSO) for harsh environments, was delivered in the port of Haugesund…

Throughput Up at Lerwick Harbor

Nov 03, 2014

A continuing increase in cargo handled at Lerwick Harbour in the third quarter brought the volume for the first nine months of 2014 to 910,014 tonnes, up 6% on the same period last year.Shipments included 144,243 tonnes of oil-related cargo…

European VIPs Visit USS George H.W. Bush

Nov 03, 2014

U.S. Naval Forces Europe-Africa hosted 23 distinguished visitors from multiple European countries aboard aircraft carrier USS George H.W. Bush (CVN 77) as a part of the Navy's Distinguished Visitor (DV) Embark program, Oct. 30.The DV…

Russia's Oil Output Steady

Nov 02, 2014

Monthly oil output in Russia, the world's biggest producer, was flat in October, according to energy ministry data published on Sunday.Russia pumped an average 10.6 million barrels per day (bpd)last month, producing a monthly total of 44…

Denmark Plans to Phase Out Coal by 2025

Nov 02, 2014

Denmark should ban coal use by 2025 to make the Nordic nation a leader in fighting global warming, adding to green measures ranging from wind energy to bicycle power, Denmark's climate minister said on Saturday.Denmark has already taken…

Venezuela, Ecuador to Defend Oil Prices

Nov 02, 2014

Venezuela and Ecuador are working on a joint proposal to defend oil prices that the two countries will present at the next OPEC meeting, Venezuelan President Nicolas Maduro said on Friday.Venezuela was the first country to request an…

Egypt Signs $350 mln in Oil, Power Financing Deals with Saudi

Nov 02, 2014

Egypt signed $350 million worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum products as it seeks to end its worst energy crisis in decades.Power cuts have become…

French Nuclear Plants in New Mystery Drone Overflights

Nov 02, 2014

Unidentified drones illegally overflew five French nuclear power plants overnight, a source with knowledge of the matter said on Saturday, in the latest of a series of unexplained incidents that have raised safety concerns.The small unmanned…

Bangladesh Power Cut Plunges Millions into Darkness

Nov 02, 2014

Bangladesh was hit on Saturday by a major power outage that brought much of normal life to a standstill, forced hospitals and garment factories to rely on back-up generators and even plunged the prime minister's official residence into darkness…

Temporary Suspension of 2nd Southbound Convoy

Nov 02, 2014

Effective from today, the entry of the second southbound convoy into the Suez Canal has been suspended until completion of cleansing and dredging work in the new Canal area.All southbound vessels are able to transit the Canal within the…

LNGL Extends Gladstone Lease

Nov 02, 2014

Highlights* Gladstone Ports Corporation has extended LNGL’s Fisherman’s Landing LNG Project (FLLNG) site Agreement for Lease until 31 March 2016, with an option for another year * LNGL has signed a non-binding memorandum of intent (MOI) for gas supply with Tri-Star Petroleum Company (Tri-Star)…

General Dynamics Lands $84 Million Naval Award

Nov 02, 2014

The U. S. Navy has awarded General Dynamics Electric Boat a $83.8 million contract modification to continue development of the Common Missile Compartment for the Ohio replacement submarine and the United Kingdom's Successor ballistic-missile submarine…

EMGS Receives LoI for BOA Thalassa

Nov 02, 2014

Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 7.0 million from an oil company for 3D EM data acquisition in Thailand and Myanmar. 'This is the first time we operate for this customer and also the first…

BG Group Selects Rolls-Royce Trent 60 DLE

Nov 02, 2014

Rolls-Royce is proud to announce that BG Group has selected the Trent 60 DLE industrial gas turbine as the driver for the main refrigeration compressors in the proposed Lake Charles LNG Export project in Louisiana, USA.BG Group and Rolls…

Libyan Rebel Refuses to Hand Over Oil Ports

Nov 01, 2014

A former Libyan rebel leader, who seized oil ports in the past to campaign for eastern autonomy, said he had turned down an offer to join an armed group challenging the internationally-recognized government.The loyalty of Ibrahim Jathran…

Logistics News

Baku Port Handles 37% More Containers in 2025

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

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