ASIA TANKER: VLCC Rates May Firm; Summer Demand Supports Clean Product Shipping
Image (c) BP p.l.c. SINGAPORE (Dow Jones)–Asia’s crude tanker market may begin to recover due to declining availability of vessels in early
Image (c) BP p.l.c. SINGAPORE (Dow Jones)–Asia’s crude tanker market may begin to recover due to declining availability of vessels in early
COPENHAGEN (Dow Jones)–Danish oil and gas company Maersk Oil stands to lose production of up to 5.3 million barrels of oil equivalent due to extensive
SINGAPORE -Yangzijiang Shipbuilding (Holdings) Ltd. (BS6.SG) said Tuesday it expects “not less than” 30% growth in net profit in the
This article originally appeared on gCaptain’s sister site, UnofficialNetworks.com, a ski and snowboard industry blog. The greenhouse effect, from the
Wärtsilä, the marine industry’s leading systems integrator, has been awarded the contract to supply the main engines for a series of 25 tankers
EXMAR and BW Gas have reached an agreement to swap 2 of EXMAR’s “VLGC’s” ( Very Large Gas Carrier) against the “Midsize”
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(EUNAVFOR) Late on the morning of 16 July, it was reported by the owners that the MV JUBBA XX, a laden tanker, had been pirated in the northern Indian Ocean,
Norwegian seabed-to-surface engineering and construction contractor Subsea 7 S.A. (SUBC.OS) announced Monday the award of a $80 million contract from Chevron
RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Friday that total crude oil and
NEW YORK (Dow Jones)–Six waivers have been approved to allow some buyers of crude oil in the government’s emergency sale to use foreign-flag
Pirate attacks on the world’s seas totalled 266 in the first six months of 2011, up from 196 incidents in the same period last year, the International
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The British Parliament’s Energy and Climate Change Committee, chaired by Tim Yeo MP, launched an inquiry last week to investigate the potential for
This week marks the 23th anniversary of the worst offshore oil disaster in history. The Piper Alpha was a North Sea oil production platform operated by
At a recent news conference Monday, Gen. Chen Bingde, Chief of the General Staff of the Chinese People’s Liberation Army, questioned the purpose of U.S.
Following the launch of Austal’s Wind Express series in mid 2010, Austal is pleased to announce the award of a contract for the design and construction
AMSTERDAM (Dow Jones)–SBM Offshore NV (SBMO.AE) said Thursday that contracts for the twenty year charter and operation of FPSO Cidade de
SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday its unit, SMOE Pte. Ltd., has secured a contract close to S$600 million to
Image by Kjetil Alsvik –Average production of 60,000 barrels equivalent a day to be lost as result of shutdown –Accident to be investigated by
This is all in Russian, but the video speaks for itself… Essentially the Russian Navy boarded a pirate ship and freed some Russian seafarers who had just
Last month, Hess Energy announced that they will be withdrawing plans for an LNG facility in Fall River, Massachusetts. Many opponents of the facility boasted
The Coast Guard Cutter Haddock transits to the starting location for the San Diego Bay Parade of Lights, Sunday, Dec. 20, the event at which the fatal
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This weeks interesting ship is the next generation MARLIN 2000 Blue feeder ship. The Cardiff-based Graig Group has ordered a series of up to 26 of these new
Two yachtsmen owe their lives to the fliers of 771 Naval Air Squadron after a dramatic rescue in a gale 100 miles off Cornwall. Aircrewman Sgt Tony Russell RM
Image courtesy of Stena Bulk SINGAPORE (Dow Jones)–High availability of vessels is pressuring Asia crude tanker markets, while rates for ships that carry
USS Iowa fires a full broadside, July 1984, US Navy Image By Gordon England, GEN James L. Jones, USMC (ret), and ADM Vern Clark, USN (ret) All our citizens,
Image from minnesotansforglobalwarming.com PERTH (Dow Jones)–State-owned China Ocean Shipping (Group) Co. said Monday that oil-price speculators are
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