Tuesday, July 7, 2015
Jack-Up Collapses at Maersk-Operated Al Shaheen Field Off Qatar
Interesting

Jack-Up Collapses at Maersk-Operated Al Shaheen Field Off Qatar

  A jack-up barge was badly damaged this week after it collapsed offshore Qatar at the Maersk Oil-operated Al Shaheen field in the Persian Gulf. Gulf

July 7, 2015
Total Views: 936

News

New Normative References for the Type Approval of ECDIS

The International Hydrographic Organization (IHO) has published new versions of some of its ECDIS Standards. These have been reviewed and updated to reflect

July 7, 2015
Total Views: 52

Investment Firms to Buy Shipping Company Esvagt from Maersk
News

Investment Firms to Buy Shipping Company Esvagt from Maersk

  COPENHAGEN, July 7 (Reuters) – Investment firms 3i Infrastructure and AMP Capital have agreed to buy Danish shipping company Esvagt for 4.1

July 7, 2015
Total Views: 78

Monday, July 6, 2015
Cabotage Unraveled – Striking Tanker Crew Gains Support in Australia
Interesting

Cabotage Unraveled – Striking Tanker Crew Gains Support in Australia

  About 200 people took to the streets of Devonport, Tasmania Monday in support of the Australian crew of an oil tanker who are refusing to sail after

July 6, 2015
Total Views: 54

Ship Photos of the Day – MV Hai Yang Shi You 525, Asia’s First LNG-Powered Tug
Shipping News

Ship Photos of the Day – MV Hai Yang Shi You 525, Asia’s First LNG-Powered Tug

China National Offshore Oil Corporation (CNOOC) has taken delivery of Asia’s first tugboat Hai Yang Shi You 525, designed to operate solely on liquefied

July 6, 2015
Total Views: 78

Egypt Busts Suez Terror Plot – Sources
Interesting

Egypt Busts Suez Terror Plot – Sources

  CAIRO, July 6 (Reuters) – Egyptian authorities have arrested 13 members of the Muslim Brotherhood on suspicion of planting bombs around the Suez

July 6, 2015
Total Views: 37

Shipping Industry Gloomiest Since 2009, Survey Finds
News

Shipping Industry Gloomiest Since 2009, Survey Finds

  By Bill Lehane (Bloomberg) — The shipping industry is the most pessimistic in six years about its prospects as a fleet surplus persists, according

July 6, 2015
Total Views: 32

Norway Baffles Analysts by Ceding 15 Million Barrels of Oil
News

Norway Baffles Analysts by Ceding 15 Million Barrels of Oil

By Mikael Holter (Bloomberg) — No one can accuse the Norwegian government of being greedy when it last week decided on the ownership stakes in the giant

July 6, 2015
Total Views: 93

MT 30 engine rolls royce
News

Rolls-Royce Cuts Profit Forecasts as New CEO Takes Helm

By Sarah Young LONDON, July 6 (Reuters) – British engineer Rolls-Royce cut profit expectations for the third time in nine months on Monday, increasing

July 6, 2015
Total Views: 37

golar seal lng carrier klaipeda
Shipping News

British Columbia Expects $7.1 Billion From Petronas Gas Exports Project

By Rebecca Penty (Bloomberg) — British Columbia is pledging to cap levies on Petroliam Nasional Bhd.’s gas export project as it expects to collect C$9

July 6, 2015
Total Views: 24

Sunday, July 5, 2015
Singapore Launches First New Maritime Patrol Vessel as Regional Tensions Rise
News

Singapore Launches First New Maritime Patrol Vessel as Regional Tensions Rise

  By Livia Yap and Sharon Chen (Bloomberg) — Singapore’s navy is preparing to take on more unconventional missions with a new fleet of patrol

July 5, 2015
Total Views: 157

Kenya’s Mombasa Port Sacks 27 Strike Leaders
News

Kenya’s Mombasa Port Sacks 27 Strike Leaders

By Joseph Akwiri MOMBASA, July 4 (Reuters) – East Africa’s biggest port in the Kenyan city of Mombasa said on Saturday it had dismissed 27 workers

July 5, 2015
Total Views: 39

Friday, July 3, 2015
China to Lift Ban of 400,000 DWT ‘Valemax’ Mega-Ships
News

China to Lift Ban of 400,000 DWT ‘Valemax’ Mega-Ships

  SHANGHAI, July 3 (Reuters) – China said on Friday it will allow 400,000-deadweight tonne ships to dock at its ports, officially ending a more than

July 3, 2015
Total Views: 226

Thursday, July 2, 2015
New Tanker Delivery for Ardmore Shipping
News

New Tanker Delivery for Ardmore Shipping

Ardmore Shipping Corporation has announced that its latest newbuild vessel, the Ardmore Seafox, was delivered by SPP Shipbuilding Co., Ltd from the Sacheon

July 2, 2015
Total Views: 57

frontline tanker
News

Fredriksen Seeking Greater Tanker Market Share with New Frontline

John Fredriksen, the billionaire who made his fortune investing in crude tankers, is reuniting two businesses he split three years ago to help gain a greater

July 2, 2015
Total Views: 90

Rolls-Royce and Partners Push Ahead with Unmanned Ship Research
Interesting

Rolls-Royce and Partners Push Ahead with Unmanned Ship Research

  Rolls-Royce and a handful of partners are pushing ahead with the first steps of a new 6.6 million euro project that could pave the way for autonomous,

July 2, 2015
Total Views: 90

thunder horse platform
Offshore

BP Settlement Leaves Oil Major Open to Growth… Or Takeover

BP's $18.7 billion settlement over the 2010 Gulf of Mexico spill draws a line under years of uncertainty to allow it to focus once again on growth but could

July 2, 2015
Total Views: 48

BP Pays Record $18.7 Billion to Settle Gulf Oil Spill Claims
News

BP Pays Record $18.7 Billion to Settle Gulf Oil Spill Claims

BP Plc will pay a record $18.7 billion to resolve claims by the U.S. and five states along the Gulf of Mexico related to the 2010 oil

July 2, 2015
Total Views: 16

frontline vlcc tanker
Interesting

Tanker Giant Reborn – Billionaire Fredriksen Merges Tanker Companies Three Years After Split

Billionaire John Fredriksen is merging the two oil tanker companies he split up more than three years to create a market

July 2, 2015
Total Views: 81

johan sverdrup field
News

Norway Cuts Det Norske Stake in Giant Johan Sverdrup Oil Field

Det Norske Oljeselskap ASA, which complained its share of the giant Johan Sverdrup oil field was insufficient, got an even smaller stake after Norway’s

July 2, 2015
Total Views: 89