ExxonMobil & Rosneft sign 'Declaration on Protection of the Environment & Biodiversity for Oil and Gas Exploration & Development on Russian Arctic Continental Shelf'.The declaration was signed during a meeting between Igor Sechin, president and chairman of the management board of Rosneft…
The Mission to Seafarers’ Chaplain in Rotterdam, Holland, worked around the clock with rescue crews following the collision.The 24-man crew of the Baltic Ace immediately abandoned ship, outside Rotterdam port at 1815 GMT on 5 December. 13 seafarers have been rescued…
NOAA publishes a new technical memorandum that estimates global mean sea level rise over the next century.The report finds that there is very high confidence (greater than 90% chance) that global mean sea level will rise at least 8 inches (0…
Konecranes contracted to deliver 12 new cranes to the commercial Khalifa Port container terminal in Abu Dhabi.The company has received an order for twelve cranes for the new Khalifa Port where it has already delivered 30 automated stacking cranes…
IHC Merwede unveils the IHC Beaver® 65 DDSP, a new IHC Beaver® series standard cutter suction dredger.The IHC Beaver® 65 DDSP, the successor to the highly successful IHC Beaver® 6518, is built for stock with short delivery times and designed and built under the BV Coastal Area classification…
Sembcorp Marine's PPL Shipyard secures rig orders worth US$434-million to build two jack-up rigs for the Mexican market.PPL Shipyard has secured two turnkey contracts with a combined value of US$434 million for the construction of two units…
The liquefied natural gas market may have a ship surplus in 2014 and 2015 as new vessels launch faster than production plants complete.There are 78 ships on order, amounting to 21 percent of the existing fleet, the Hamilton, Bermuda-based Hoegh LNG AS…
A US East & Gulf Coasts port labor strike could further destabilize international trade says a new report.A potential labor strike by longshoremen along the US East and Gulf Coasts at the end of the year could have devastating economic consequences as inventory depletion…
Gazprom successfully completes world’s first LNG supply via Northern Sea Route in the 'Ob River' carrier.The carrier left the Port of Hammerfest (Norway) to arrive at the regasification terminal in the Port of Tobata (Japan) delivering a Gazprom Group-owned LNG cargo to Japanese consumers…
Viking River Cruises orders 10 new river cruise vessels of the 'Viking Longship' class from the Rostock-Warnemunde yard.Two of the ships will be delivered in August and September 2013, and the others by April 2014. This order brings the…
GE Marine take 16 orders at the 2012 International WorkBoat Show (IWS) in New Orleans to deliver L250 and V250 engines.A combined total of 16 engines have been ordered for newbuilds and repowers by new customer Hyak Maritime and by an existing customer of GE Marine…
Managers of the campaign, Clean Energy States Alliance (CESA) submit letter to key Congressional committee leaders.The letter is in support of the Production Tax Credit (PTC) and Investment Tax Credit (ITC), federal policies that are crucial for sustained clean energy development…
Fincantieri launch 'Le Soleil', a super luxury cruise ship for French shipping line Compagnie du Ponent (Bridgepoint Group).The ship will be delivered in June 2013 and will be essentially more like a mega yacht in size and fitting out with a paramount attention to interior detail…
A £46m contract to support and maintain a new combat system across the Royal Navy's submarine fleet awarded to BAE Systems.The Design Services Arrangement contract will ensure that the system, which is used to navigate vessels as well as gather intelligence and defend against attacks…
Tenneco and Cormetech sign agreement to design marine engine ultra-large diameter selective catalytic reduction (SCR) catalysts.The MARPOL Annex VI and EPA Tier IV regulations require an 80% reduction in NOx emissions, thus driving the need…