IEA’s Medium-Term Oil Market Report sees companies overhauling global investment strategies; meanwhile, surge in non-OECD refining capacity shakes up product marketThe supply shock created by a surge in North American oil production will…
The U.K. operation of international oil services group Aker Solutions has announced the appointment of a new vice president to lead greenfield projects as the company looks to expand its capabilities in the sector.Bob Shaw’s appointment…
Cargotec's MacGregor contracted by Hornbeck Offshore Services Inc. to deliver 4 AHC cranes for 4 multi-purpose supply vessels (MPSV). The cranes will be delivered between fourth quarter 2014 and third quarter 2015, and the value of the order…
The CLIP Container terminal at Swarzedz (near Poznan), Poland has joined InlandLinks, the hinterland container terminal link-up. Rotterdam expects to see container flows triple in the next 25 years. Due to the growth in world trade, the favourable…
The shipbuilding industry shows signs of bottoming out with the global market index pointing to an upturn, & Korean players receiving more orders from abroad.Citing Clarkson Research Services, the Korea Times reports that a total of 277 vessels were ordered in the first quarter of the year…
Secretary of the Navy (SECNAV) Ray Mabus visits the littoral combat ship (LCS) USS Freedom on its maiden SE Asia deployment.Mabus, the 75th SECNAV, delivered remarks on the flight deck of Freedom to more than 200 foreign dignitaries and representatives from 26 countries…
New regulations for non-tank vessel response plans (VRP) to be discussed at upcomingNational Maritime Salvage Conference One issue on the conference agenda will be the new regulations for Non-Tank Vessel Response Plans (VRPs). On March 9…
The European Commission has adopted an Action Plan to revitalise the marine & maritime economy in the Atlantic Ocean Area.The Action Plan aims to show how the EU's Atlantic Member States, their regions and the Commission can help create sustainable…
Kinder Morgan announces land purchase, plans to construct dock and expand terminal capacity on Houston Ship Channel.Kinder Morgan Energy Partners say they will invest $106 million to purchase approximately 20 acres adjacent to its Pasadena…
This year's theme for Day of the Seafarer (25, June 2013) is 'Faces of the Sea': a natural evolution from last yearʼs theme of ʻIt came by sea and I canʼt live without itʼ. IMO explains that this year, fundamentally, it moves the theme to…
The Port of Los Angeles contract Ports America to provide operation, management & maintenance of the Port of Los Angeles Cruise Terminal at Berth 90-43 in San Pedro, Calif.The five-year agreement, commencing April 2013, includes two 5-year options…
ABB has delivered subsea transformers for fields in the North & Norwegian seas & the Gulf of Mexico for operation at depths of up to 2,000 m. Subsea transformers are an ABB innovation. Deployed in extreme conditions in ultra-deepwater, these…
U.S. Coast Guard releases 2012 Recreational Boating Statistics Report showing the lowest number of fatalities on record, overall drop in accidents & injuries.From 2011 to 2012, deaths in boating-related accidents decreased from 758 to 651…
'Safety at Sea' focus of NAMEPA's National Maritime Day seminar at the Washington DC National Press Club.The North American Marine Environment Protection Association (NAMEPA) will be offering a seminar “Environmental Intelligence in Maritime: Safety at Sea'…
Delaware's Vessel Management Services, Inc. has sold their twin-screw tug “Sinuk” to King River LLC of Palmer, Alaska.The 85.8’ x 28.5’ x 10.0’ depth, model bow tug was built in 1995 by J. Ray McDermott Shipyard in Morgan City, Louisiana. The tug…
