Oil exports from Iran, OPEC’s second-largest producer, may drop because the nation’s tanker fleet is too small to carry all its cargoes, as European Union sanctions cause international ship owners to avoid the country. NITC owns 39 vessels, able to carry about 70 million barrels of crude, according to its website. The fleet would be insufficient to deliver the nation’s monthly exports of about 65 million barrels because journey durations can be as long as two months, said Dag Kilen, an analyst at Fearnley Consultants A/S, a unit of Norway’s second-largest shipbroker. Sanctions already cut shipments by 300,000 to 400,000 barrels a day, Barclays Capital said on March 7. Frontline Ltd., Overseas Shipholding Group Inc. and owners of at least 100 supertankers said a month ago that they would no longer call at Iran because of an insurance ban, announced January 23 by the European Union as part of a wider sanctions package. The prohibition, due to take full effect July 1, extends to 95 percent of the supertanker fleet, because companies providing coverage must follow EU law. “The fleet itself is not big enough to ship all the oil they are normally exporting,” Kilen said by phone March 9. “I would expect to see a decline in exports as a consequence of Iran not having a national fleet big enough to export the normal volume.” NITC commercial director Habibolah Seyedan declined to comment by phone from Tehran.
A tanker delivered a cargo of disputed crude oil from Iraqi Kurdistan's new pipeline for the first time on Friday in Israel, despite threats by Baghdad to take legal action against any buyer. The SCF Altai tanker arrived at Israel's Ashkelon port early on Friday morning, ship tracking and industry sources said. By the evening, the tanker began unloading the Kurdish oil, a source at the port said.
Iridium Satellite LLC announced the launch of a new satellite fax service that will permit subscribers to send and receive faxes from any location in the world directly to and from any standard fax machine, as well as connect WiFi networks to Iridium. The Iridium fax service supports inbound and outbound faxes through the uniHub™ interface, which has been developed by On-Go, Inc. of Bethesda, Maryland, USA. UniHub is a plug-and-play solution that extends the functionality of Iridium
Broadband Antenna Tracking Systems, Inc. (BATS) has successfully demonstrated an industry-first ship-to-ship wireless broadband communications tracking system integrating its BTS-2500 units with two wireless broadband radios. The demonstration was conducted on the Sea of Marmara for a customer that is seeking a cost-effective communications tracking system with high bandwidth and low latency that can cover great distances for its fleet of ships
Cubic Global Tracking Solutions Supports DoD With Generation II Satellite Enabled Tracking & Intrusion Detection Devices. Container Tracking & Monitoring Solution Provides Logistics Intelligence and Intrusion Detection. Cubic Global Tracking Solutions, the asset visibility solutions provider of Cubic Corporation (NYSE: CUB), is tracking and monitoring containers for the U.S. Department of Defense (DoD) with Generation II Satellite Enabled Tracking & Intrusion
Barely a day after Libya's National Oil Corp (NOC) lifted force majeure at Hariga port, two refiners are already preparing to pick up Sarir crude from storage over the next two weeks, trading and shipping sources said on Friday. The Aegean Dignity is on subjects - meaning final arrangements are being made- to load crude at Hariga around April 15-16, sources said. Reuters AIS Live ship tracking showed the tanker with orders to sail to Libya.
KVH introduced the smallest, in-motion satellite television system providing the marine mobile user with the most reliable identification and tracking of Digital Video Broadcasting (DVB) satellites. TracVision G4 is the first single antenna system formulated to assess a range of DVB compatible satellites and transponders. The product can then accurately identify, acquire and maintain tracking of the one selected by a mobile user.
American Commercial Lines Inc. (ACL) announced that its Transportation Services Division has been named as one of 42 new members of the United States Environmental Protection Agency's (EPA) National Environmental Performance Track program. Membership is awarded to private and public facilities that have a strong record of environmental compliance, set three-year goals for continuous improvements in environmental performance beyond their legal requirements
The new Amphibious Marsh Buggy from LongReachHighReach (LRHR) boasts features such as two hydraulic motors on each set of tracks, expandable pontoons and a unique design allowing easy breakdown and reassembly in a matter of hours. The model is specifically designed to maneuver and go through swampy areas with soft underfoot terrain where traditional excavators cannot operate. LRHR's Amphib MB is extremely productive in dredging, erosion control and erosion prevention
Ship-to-shore communications enhanced by BATS Wireless' new antenna automatic tracking system BATS Wireless, one of the world's leading innovators of advanced wireless wide area network (WWAN) provisioning systems, announce the next generation of its automated tracking and stabilization platforms. The enhanced AMATS and BTS product suites, which added multi-gigabit connectivity, and 360° continuous tracking capabilities for heavy payloads – now provide continuous
1500 Sensation Weigh Beaufort, NC 28516 Tel: (252) 504-2640 Email: email@example.com Website: www.gplink.com President & CEO: Greg Poole, III The Company: gplink is the most capable remote diagnostic tool available for high horsepower systems
Coast Guard and National Oceanic & Atmospheric Administration researchers report the successful landing of an unmanned aircraft system on the flight deck of Coast Guard Cutter 'Healy', marking the first time a UAS has completed a take-off and landing aboard a Coast Guard icebreaker.
CWind, a provider of services to the offshore wind industry, have signed a three-year contract to provide crew and equipment transfer for DONG Energy and Scottish Power at the West of Duddon Sands offshore wind farm. The contract, which includes an optional extension for a further two-year period
NewZealand's KiwiRail says that the Interislander ferry Arahura has left Wellington for her scheduled bi-annual dry-docking in Devonport, having last visited Auckland in July 2012. Docking is being undertaken at the Devonport Dockyard under the management of Babcock’s New Zealand
U.S. refiners will refrain from buying Kurdish crude oil until a long-running dispute between Baghdad and Iraqi Kurdistan is settled, while Washington urges both sides to set aside their differences and helps them tackle Sunni militants. The two known U.S
Trading firm Trafigura and Abu Dhabi sovereign wealth fund Mubadala said on Thursday their Brazilian port for exporting iron ore will start this year, in response to a steelmaker with a contract to use the port that said the opening could be pushed back to 2015.
Integrated wireless tracking, monitoring and management of refrigerated containers for intermodal transportation worldwide. Globe Tracker International (GTI), a company in global trade data sharing, autonomous asset tracking and monitoring and related data analytics
A tanker carrying crude oil from Iraqi Kurdistan reappeared unladen on Aug. 19 about 30 kilometres off the coast of Israel, ship tracking data on Reuters showed. This is the second time the Kamari has appeared in the area in the last two weeks carrying Kurdish oil.
The Board of Commissioners of the Port of New Orleans awarded a $13.3 million construction contract to Metairie, La.-based Hard Rock Construction LLC today for the Mississippi River Intermodal Terminal improvement project at its monthly meeting
Globe Tracker International, a global asset tracking, monitoring and data sharing, has announced a strategic relationship with Total Soft Bank Ltd. (TSB), a global port and maritime information technology solution company.
McDermott International, Inc. announced today that one of its subsidiaries has been awarded a fast-track fabrication contract by PC Ketapang II Ltd., a subsidiary of PETRONAS for the BTJT-A Jacket as part of the Bukit Tua Development Project in the Ketapang block of East Java, Indonesia
Otto Marine says it has clinched AUD57-million worth of charter contracts in Australia for two of its large deep water AHTS vessels. Otto Marine Limited, which owns and operates a large fleet of offshore support vessels, with shipyard and other specialized offshore services
Tech-savvy modern travelers will be wowed by Royal Caribbean International's newest ship, 'Quantum of the Seas', which incorporates unprecedented levels of technology to amp up the vacation experience, say owners Royal Caribbean Cruises Ltd.
The all-electric Zero Cat ferry, currently under construction at the Fjellstrand yard in Norway, will enter service next year with Norled as the first Norwegian vessel equipped with Survitec Group's most advanced ESS MES automatic escape slide system
iMarine Software announced today the release of SeaProcurement (SeaProc) Version 2, the next generation of eProcurement systems specifically targeting the marine industry. “Typical corporate software systems can be expensive to license and support,” said Issa Odeh