China's demand for oil in October 2012 was meaningfully weaker that it was the previous month.The detailed Chinese oil data for October were reported yesterday. Calculated demand adjusted for inventory changes came in at 9.5 million b/d…
Three new Windfamrm Support Vessels (WSV) built to BMT Nigel Gee designs launched in 10 days from three different shipyards.The vessels range from a 19.4m propeller driven conventional catamaran design to a 26m Extreme Semi-Swath (XSS),…
COSCO (Guangdong) Shipyard Co., Ltd a subsidiary of COSCO (Singapore) delivers a Handy-size bulk ship COSCO Shipyard Group has delivered the bulk carrier Marine Princess of 35000 dwt to an Asian buyer.The delivery documents have been signed by and between COSCO Guangdong and the purchaser…
Maritime authorities in Quang Ngai ban a Panamanian-flagged ship from leaving after it spilled nearly 1,000 liters of oil at a local port.The Panama-flagged Chinese-owned Race Express belonging to Nova Shipping & Logistics Pte Ltd can only…
MAN Diesel & Turbo supports Castrol’s advice that misapplication of mid-range base number (BN) cylinder oils can cause corrosion.Castrol inform that the engine manufacturer recently issued service letters that recommend “cylinder lube oil…
GAC UK & GAC Seaforth overcome challenges to deliver cargo to LakeTanganyika, Burundi, for Surestream Petroleum oil exploration.Independent oil exploration company Surestream Petroleum Ltd, headquartered in Reading, UK, contacted energy…
New agreement reached with Berthold Brinkmann, the insolvency administrator of P+S WERFTEN, German Shipbuilders.The new agreement means hat both coast guard ships ordered from the Peene shipyard can now be completed, and delivery is planned for February and April 2013…
ITF inspectors visit ships to ask captains and companies to raise concerns about the way Walmart treats its US staff. The ITF is urging shipping firms carrying cargo owned by US retail giant Walmart to raise concerns over its treatment of…
Arnout Damen, COO of Damen Shipyards Group, officially opens a new office in Norwegian Stavanger. When asked why Dutch headquartered Damen Shipyards sets up an advanced base in Stavanger, its new Sales Manager said: “It is the European Oil…
Consolidated Marine Management (CMM) take delivery of 'King Gregory', first of two fuel-efficient medium-size tankers from Hyundai Mipo.The 52,000 dwt King Gregory, is the first of two medium-range (MR), IMO II & III-class oil/chemical tankers…
Tugboats 'Izbaizabal Diez' & 'Izbaizabal Once' delivered to Spanish tug company Remolcadores Izbaizabal by Astilleros Armon in Navia, Spain.The design features a full raised forecastle running nearly half the length of the tug to provide…
DNV’s Shipping 2020 scenario explores technology uptake based on market forces, regulatory changes, fuel prices, technology costs & specific shipowner requirements.Based on expected market developments, regulatory changes, fuel prices, cost…
Centrica awards contract to GL Garrad Hassan for design, supply, installation & operation of an offshore meteorological mast system. The contract is for Centrica's Celtic Array project in the Irish Sea. Located 15km north of Anglesey, the system includes a meteorological mast…
State-of-the-art Dive Support Vessel (DSV) will be built for Subsea 7 by Korean shipbuilder Hyundai Heavy Industries (HHI).With accommodation for 110 people, the DSV will incorporate an 18-man saturation system supplied by Drass and rated…
Class Society, ABS donates US$ 3-million to Stevens Institute of Technology to create a newlaboratory complex in the Davidson Laboratory. The donation will be used to create a new civil, mechanical and naval engineering laboratory complex…
