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…
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…
The very large crude carriers (VLCC's) will load at Ras Tanura terminal for deliveries to a US Gulf Coast port next month.The very large crude carriers will each load 280,000 metric tons of oil at Saudi's Ras Tanura terminal between April…
IMA has completed an in-depth analysis of the floating production sector – including a forecast of orders for additional floating production systems between 2013 and 2017. Highlighted below are some key findings in Floating Production Systems: assessment of the outlook for FPSOs…
Rising demand from emerging country economies has prompted owners to order more and larger LPG vessels, according to Drewry.The increased demand has been further improved by a growing consumption base in emerging economies, with supply bolstered by an expected emergence of new export sources…
FLEX LNG (HQ in Tortola) is in continuing dispute with Samsung Heavy Industries and briefs its shareholders as follows:'As previously announced, FLEX LNG considers the four shipbuilding contracts and the EPCIC that were entered into with SHI in 2008…
The Oil Companies International Marine Forum (OCIMF) clarifies & recommends minimum scope of statutory Emergency Response Services (ERS).According to current regulations oil tankers must have prompt access to computerized, shore-based damage…
Two new engineering scholarships have been established at the National University of Singapore (NUS) in memory of Kathleen Koh Seok Hoon, to commemorate her contribution to engineering consultancy and to offer new students the opportunity to follow in her path…
Novoship tankship 'NS Columbus' the first Sovcomflot Group vessel to receive an IMO 2006 Maritime Labour Convention certificate.The Aframax crude oil tanker NS Columbus underwent an inspection by the Maritime Authority and was declared to…
Scorpio Tankers exercise options with Korea's Hyundai Mipo Dockard for altogether six new tankships.The contracts are for the construction of four MR Product tankers for approximately $33.0 million each and two Handymax ice class-1A (37,000 DWT) product tankers for approximately $31…
The IMO’s Sub-committee on Stability and Load Lines & on Fishing Vessels Safety (SLF) has reviewed and finalised the draft Guidelines.The Sub-committee had, at its last meeting in January 2012 also developed draft amendments to mandatory instruments…
Port of Rotterdam will be the first in the world to reward ocean-going LNG tankships holding Green Award Certificates.The Port Authority will give these ships 6% discount on port dues when they arrive in Rotterdam. LNG tankers have been calling…
Germany's Hamburg Süd Group has recently published its first Responsibility Report titled 'Making it our Business'.The report documents not only the ecological but also the social and societal responsibility the company exercises. At the…
There has been a significant volume of shipbuilding business reported in the week according to Clarkson Hellas.Dry Bulk CarriersThe dry bulk fleet has seen a number of new additions this week. It was reported that SWS signed an additional order with Clients of Thenamaris for 1+1 180…
Arntzen Resigns, Johnston Takes the reigns at OSGOverseas Shipholding Group announce the appointment of Captain Robert Johnston as President & CEO.Morten Arntzen has resigned as President and Chief Executive Officer and as a director of the Company to be succeeded by Johnston…
