Venezuela Probes ex-minister accused of corruption in Ferry Deals
A former minister in President Nicolas Maduro's government denied in an interview published on Friday accusations of corruption during the purchase of three ferries…
Arctic Nations to Fight Climate Change Despite Russia Tensions
The eight Arctic Council nations pledged on Friday to do more to combat climate change that is shrinking the vast frigid region, with countries trying to put aside disputes over issues like Russia's intervention in Ukraine. Meeting in the Canadian town of Iqaluit, 300 km (200 miles) south of the Arctic Circle, Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the United States pledged to work to address emissions of black carbon and methane.
Long Beach, Los Angeles ports host forum to gather input
More than 100 cargo owners, trucking firm leaders, longshore labor, marine terminals and other goods movement industry representatives turned out Wednesday for a joint meeting hosted by the ports of Long Beach and Los Angeles to gather input, insights and solutions focused on improving the performance of the supply chain. “We are looking at not just improving this gateway,” said Port of Long Beach CEO Jon Slangerup. “This is an effort to look at the entire supply chain – end to end.
BIMCO Welcomes EU Decision on Migrants
BIMCO has stated today that it appreciates the new efforts by EU leaders to reduce increasing reliance on merchant shipping to rescue the growing numbers of distressed migrants in the Mediterranean Sea. BIMCO welcomed the announcement last night (23 April), that the funding of Operation Triton will be increased to match that previously allocated to Operation Mare Nostrum. It also welcomed the contribution of extra ships…
H-Energy to Build Floating LNG Terminal in West Bengal and Canada
Business Standard reported that real estate developer Hiranandani Group plans to set up a INR 2,400 crore floating LNG import terminal off Haldia, West Bengal and supply imported gas to users as far as Paradip in Odisha. H-Energy Pvt Ltd, the Energy arm of the Hiranandani Group, plans to set up a 4 million tons a year floating storage and Re-gasification unit (FSRU) some 115-km off the Haldia coast by first quarter of 2019. In the Natural Gas business, upstream integration is common.
Falklands' Oil Drilling at Isobel Deep Suspended
Oil explorers drilling in the waters north of the Falkland Islands have suspended work on the second well of their 2015 current six-well drilling campaign after a technical problem.
Zim Offers Asia-US east coast service via Suez
Israeli liner carrier Zim Integrated Shipping Services is launching a new service between Asia and the U.S. East Coast via the Suez Canal at the end of May. The 10-ship loop will call in South China, Vietnam, Colombo, New York, Savannah and Norfolk, and is designed to provide fast transit from Asia to New York. The new service, which ZIM has dubbed the Seven Star Express (Z7S), will commence May 29 with a rotation of Da Chan Bay…
IMO Calls for Environmentally Sound Ship Recycling in Bangladesh
The International Maritime Organization (IMO) and the government of the People’s Republic of Bangladesh are jointly implementing a project entitled “Safe and Environmentally Sound Ship Recycling in Bangladesh – Phase I” (in short SENSREC Project – Bangladesh). - Recommendations on strengthening the Government’s One-Stop Service, in which all the various ministries with a responsibility for ship recycling (e.g.
Skangass Celebrates Topping Up
Nordic liquefied natural gas operator Skangass has celebrated a topping out ceremony at its Pori LNG terminal. The company said it was making progress in the construction of the storage tank for Finland's first LNG import terminal at the southern port of Pori. “Excellent progress has been made in the work, and the weather has also been on our side” Project Manager Stanislav Lysak from Gasum commented in a note, not elaborating on when the structure would be ready to receive LNG.
Goliat FPSO in Norway
The Goliat platform has arrived in Hammerfest, Norway last week, after a 63-day journey from South Korea covering 15,608 nautical miles. It will now undergo final preparations for the first oil production from the Barents Sea. "Upon completion of final preparations to install her in the Barents Sea this summer, she will support production operations at the world’s northernmost producing offshore oil field located approximately 80 kilometers offshore Ersvika," says a company statement.
APM Maasvlakte II Terminal Opens
APM Terminals Maasvlakte II held a ceremony to celebrate the opening of the world’s most automated container terminal. The event that was attended by Dutch King Willem-Alexander and 500 representatives of the port industry and governments from around the world. This is claimed to be the most technologically advanced and most durable container terminal in the world. Built on land reclaimed from the…
Norwegian Car Carriers to Buy Two from Hyundai Samho
Oslo-listed Norwegian Car Carriers (NOCC) has signed a contract with Hyundai Samho Heavy Industries for the construction of two 6500 ceu Pure Car Truck Carrier (OCTCs). Delivery from the South Korean shipyard is scheduled for between the fourth quarter 2016 and first quarter 2017, and there is an option included for two additional vessels. NOCC’s strategy is to grow its business as a tonnage provider serving the global car carrier operators, says a company statement.