New Binding Law of The Sea Agreement Advanced
The U.N. General Assembly (UNGA) last week adopted a formal resolution to develop a legally-binding treaty for the conservation of marine biodiversity on the āhigh seasā.
Oceans Canāt Take Any more: Researchers Fear Fundamental Change
Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesnāt happen, we could see far-reaching and largely irreversibleā¦
Teekay LNG Partners Declares Distribution
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14ā¦
Technip Samsung JV Wins 2 FLNG Project Contracts
The Browse project covers the realization and installation of three FLNG units to develop the Brecknock, Calliance and Torosa fields in the Browse Basin, 425 kilometers North of Broomeā¦
Fjords Processing Bags Johan Sverdrup Contracts
Fjords Processing, headquartered in Norway (Fornebu), has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea.
Ocean Safety, Richard Irvin Marine Safety Merger
Ocean Safety has today announced the merger with Richard Irvin Energy Solutions Marine Safety Division and their Aberdeen branch. This merger follows the 3Si Groupāsā¦
Carlyle Group Acquires LMC
Global alternative asset manager The Carlyle Group today announced the acquisition of Lauderdale Marine Center (LMC), the nation's largest yacht repair facilityā¦
HK:Prevention of Ship Garbage Pollution
The Hong Kong SAR Marine Department has advised that on 1 July the existing Merchant Shipping (Prevention of Pollution by Garbage) Regulation (Cap 413J) was replaced by a new Regulationā¦
Antwerp, Duisburg Ports to Upgrade Rly Link
The Port of Antwerp and duisport are intensifying their cooperation as the Port of Antwerp will participate in the existing rail shuttle service connecting the two ports.
New Record Year in Dry Bulk Demolition Underway - BIMCO
The monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month. April 2015 saw 5.36 million DWT being retired from active serviceā¦
Passenger Ferry Capsizes in the Philippines, Nearly 40 Dead
MBCA Kim Nirvana, a passenger boat carrying 189 people has capsized in the central Philippines, minutes after leaving port, the Philippine Red Cross and coast guard spokesman Cmdr. Armand Balilo said.
Saab Bags $1 bln Order for Swedish Submarines
The Swedish Defence Materiel Administration (FMV) has awarded contracts worth Skr8.6bn ($1.03bn) to Saab AB for the construction of two new Type A26 submarines andā¦
The Submarine Electricity Transmission Market Is Expected to Reach $25 Billion in 2024
According to a new report from Navigant Research, the global submarine electricity transmission market is expected to grow from $16.8 billion in 2015 to $24.8 billion in 2024.
Litgas, Statoil JV to Develop Baltic Sea LNG
Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas productionā¦
Greek Shipping Mulls Cyprus Move
Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency. The directorā¦
Port Gothenburg Offering LNG
Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introducedā¦
NITC Tankers Chart Western Course
Iranās largest shipping company NITC, the privatized Iranian shipping company, is in talks for permission to sail in Western waters, says a report in WSJ. NITC hasā¦
