Petrobras announce negotiations are under way to contract 2 Floating Production & Storage Units (FPSO's) for connection to wells in the Santos Basin.Petrobras and its partners in Block BM-S-11, BG E&P Brasil and Petrogal Brasil, announce negotiations…
Belgium's Euronav sells Samsung newbuild 'Cap Isabella' 157,648 dwt to new owners then charters the vessel back long-term.Cap Isabella was sold for US$ 54,000,000, with delivery from Korea's SHI to the new owners due shortly.The vessel…
US-based ESRG adds total vessel power analytics to OstiaEdge to help optimize fuel consumption for a vessel or across a fleet.OstiaEdge® now integrates shaft torque, weather and environmental data, fuel consumption and draft & displacement…
The United Kingdom Hydrographic Office (UKHO) confirms Moncrief in the post held on an interim basis since October 2011.The government as sole owner of the UKHO, ran an open, external and national competition for the Chief Executive role.…
The liner services group will offer ocean-freight customers a second weekly southbound sailing from Port Everglades, Fla., to Nassau, Bahamas.The new Saturday sailing day, starting Saturday, March 23, 2013, will give customers an additional option for the transport of their goods…
Greece-based Tsakos Energy Navigation Limited (TEN) fix 3-year charters for 5 Panamax LR1 product tankers with a major national end-user.These fixtures are expected to generate close to $80 million in gross revenues over the duration of their contracts…
Risk is a mantra at Det Norske Veritas (DNV), and to be fair, at every major classification society. By their very nature, the identification, management and mitigation of risk runs through every aspect of class. Sitting atop DNV – and if the recently announced merger goes through…
CLF Ventures Inc., a non-profit affiliate of the Conservation Law Foundation, an influential New England environmental advocacy organization, seeks proposals from qualified firms and individuals to serve as technical consultant to CLF Ventures…
India's largest major port, Kandla Port Trust (KPT) invites global bids for setting up a container terminal at nearby Tuna -Tekra.The port authority has invited expression of interests (EOIs) from global majors for setting up the container terminal on build…
During a recent South Carolina Ports Association (SCPA) meeting the twelfth straight month of year-over-year growth was noted.Container volume for the first eight months of the fiscal year are up more than 11 percent to 1,024,121 TEUs handled from July to February…
Otto Marine, owners & operators of Indonesia's largest shipyard, announces changes to it senior management.The changes are as follows:Mr. Michael See Kian Heng joins Board of Directors as Executive Director Mr. Mok Kim Whang appointed as President of Shipbuilding division Mr…
Rescuers have retrieved 11 bodies and are searching for two missing crew members after a container ship sank off east China.The Beihai Rescue Bureau of the Ministry of Transport dispatched two rescue vessels and a helicopter to the seawater area 40 nautical miles northeast of Longkou…
Canada acts to upgrade its safety system for shipping oil & liquefied natural gas safely through Canada’s waterways before any major new energy export facilities become operational. The Government introduce eight measures to strengthen Canada's…
'President's Awards for Excellence' have been awarded to 5 teams & 3 individuals for their outstanding & innovative work on shipbuilding projects.'We build very sophisticated and complex products, and it takes skill and innovation to do it more cost-effectively…
AET takes delivery of a second 'eco-design' VLCC that is fully compliant with the IMO Ballast Water Management Convention.Named Eagle Varna, this 320,000dwt vessel is fitted with a range of innovative technology that significantly reduces its fuel consumption and associated emissions…
