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July 4, 2015 7:00 AM ET

Aberdeen Pupils Peek into Subsea Oil & Gas Technology

  Pupils at an Aberdeen primary school were given a rare insight into the depths of the oil and gas industry’s subsea sector after getting to sit in the driving seat of a remotely-operated vehicle (ROV) simulator. The Tullos Primary visit to i-Tech

July 4, 2015 6:57 AM ET

AVEVA, DNV GL's Sesam Integration Cuts Cost

  Integration of Aveva and DNV GL's Sesam Reduces Costs in Maritime and Offshore Engineering. Engineers designing ship hulls and offshore floaters can now save time and money in the early design phase due to a breakthrough allowing transfer of 3D models from AVEVA Marine to Sesam GeniE,

July 4, 2015 6:53 AM ET

FORAN for Pertamina's Future Ships

  FORAN has been chosen by state-owned company PERTAMINA to review the design of their future oil product carrier ships, under construction in a shipyard with the FORAN System. PERTAMINA, a company based in Jakarta, Indonesia, signed a contract with SENER Ingeniería y Sistemas S.

July 4, 2015 6:51 AM ET

Bestobell Bags HHI's Valve Order

  Bestobell Marine, a world leading supplier of cryogenic valves for ships, has won a major new order from Hyundai Heavy Industries (HHI) in South Korea to supply valves for two new vessels. Bestobell’s Globe and Check valves will be used within vessels being manufactured for Greek shipowner,

July 4, 2015 6:46 AM ET

CNOOC Acquires Asia's 1st 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 natural gas as ship’s fuel. Hai Yang Shi You 525, the first of two tugs built by the Zhenjiang shipyard for CNOOC,

July 4, 2015 6:45 AM ET

3D Printing in Rotterdam Port

  Is 3D printing just a hype? Or is it really possible to print spare parts for ships that can actually withstand the requirements set for the often "rough" working practice? This question is to be answered by the project "3D printing of maritime spare parts".

July 4, 2015 6:38 AM ET

U.S. Draft Recovery Plan for Threatened Polar Bears

  U.S. wildlife managers released on Thursday a draft plan for stemming the decline of polar bears threatened by melting Arctic sea ice linked to global warming, but the proposal hinges on reductions in greenhouse gas emissions that are far from assured.

July 4, 2015 6:35 AM ET

Search for Missing after Philippine Ferry Sinks, 38 dead

  Divers will search waters in the central Philippines on Friday for 15 people still missing after a ferry carrying 187 passengers and crew sank a day earlier, killing 38 people, the coast guard said. There were 134 survivors after the MBCA Kim-Nirvana,

July 4, 2015 3:35 AM ET

MSC Geneva Gets Fatter

 A revolutionary new option to scrapping for younger panamax containerships deemed too small for a tradelane involves widening the vessel rather than adding length.   The enlargement operation of MSC Geneva was held at the Chinese shipyard Huarun Dadong (HRDD).

July 4, 2015 3:31 AM ET

Grimaldi Orders Three PCTCs

 After signing an order for the construction of five new ships two weeks ago, the Italian shipowner  Grimaldi Group has signed another contract for the construction of three new PCTC-type ships (Pure Car and Truck Carriers) at the Chinese Jinling shipyard, for a total investment of $165 million.

July 4, 2015 3:30 AM ET

Fincantieri to Supply Four OPVs to the Bangladesh Coast Guard

 Fincantieri has been awarded the contract with the Bangladesh Coast Guard (BCG) for the supply of four Italian Navy “Minerva” class corvettes to be upgraded and converted into Offshore Patrol Vessels (OPVs), and to provide the related logistics support services.

July 4, 2015 3:29 AM ET

Caltex Replaces Australian Crew

 The 36 Australian crew members of an Caltex tanker refusing to set sail after they were told their jobs would be gone after the next run. MR tanker Alexander Spirit (40,100 dwt, built 2007) is docked in Devonport, in Tasmania's north-west, now.   The

July 4, 2015 3:28 AM ET

Record Bulk Shipping Demolition Rates in 1H15

 Monthly demolition rates in the dry bulk shipping sector averaged 3.3 million DWT for 1H15, according to new figures from BIMCO, compared to 1.3 million DWT last year. This included a record 5.36 million DWT in April – the highest on record for a single month.

July 4, 2015 3:28 AM ET

Is It Too Late To Tangle With Spike in Shipping Market

 A series of interesting and extreme price spikes is going on in the shipping market today, says Clarksons, provider of global shipping and offshore market intelligence.   In fact the latest in a series of interesting and extreme price spikes is going on in the shipping market today.

July 4, 2015 3:27 AM ET

NITC Claims World's Largest Supertanker Fleet

 According to the head of the National Iranian Tanker Company (NITC), Iran has 42 very large crude carriers or VLCCs, each able to carry 2 million barrels of oil, reports Press TV.   NITC has recently announced that after buying 20 oil tanker from China during the last two and half years,

July 4, 2015 3:27 AM ET

Mombasa Port Workers End Strike

 Mombasa, Kenya port workers end strike and returned to work on Friday after being warned they could lose their jobs, reports Reuters.   However the members of the Trade Union Congress (TUC-K) said protests over changes to their health care costs could

July 3, 2015 6:16 AM ET

New Binding Law of The Sea Agreement Advanced

  WOC Sustainable Ocean Summit (Singapore, 9-11 November 2015) Will Enable Industry to Organize its Input to this Major New Ocean Treaty Development The U.N. General Assembly (UNGA) last week adopted a formal resolution to develop a legally-binding

July 3, 2015 6:10 AM ET

Oceans Can’t Take Any more: Researchers Fear Fundamental Change

  Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesn’t happen, we could see far-reaching and largely irreversible impacts on marine ecosystems, which would especially be felt in developing countries.

July 3, 2015 6:06 AM ET

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 14, 2015 to all unitholders of record as at July 14, 2015.

July 3, 2015 6:02 AM ET

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 Broome, Western Australia. The Browse project will capitalize on Shell's FLNG experience,



 
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