US Navy Ship Denied Entry into Hong Kong Port
China has denied a request for a U.S. warship to visit Hong Kong, the U.S. consulate in the Chinese city said on Tuesday, amid rising tension between Beijing and Washington over trade and a U.S. decision to sanction the Asian nation's military.The amphibious assault ship Wasp had been due to make a port call in the former British colony of Hong Kong in October, diplomatic sources said."The Chinese Government did not approve a request for a U.S.
Higher Vessel Rates Lift Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose for the fifth consecutive day on Tuesday supported by gains across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 16 points, or 1.1 percent, to 1,450 points.The capesize index was up 4 points or 0.2 percent at 1,868 points.Average daily earnings for capesizes, which typically transport 170,000-180,000 tonne cargoes such as
Lundin Petroleum Says Arctic Oil Test Points to Bigger Reservoir
Swedish oil firm Lundin Petroleum expects to increase its resource estimate for the Alta discovery in Norway's Arctic region following a successful two-month production test.Finding significant oil reserves in the Norwegian Arctic has been challenging for oil firms, but Alta is among the exceptions along with ENI's Goliat field and Equinor's Johan Castberg discovery.Lundin and its partners are considering…
No Delays to Implementing 2020 Sulphur Cap -IMO Official
The International Maritime Organization (IMO) will not delay implementing a reduction in the amount of sulphur in marine fuel in 2020, an IMO official said on Tuesday."I can categorically say there will not be a delay," said Edmund Hughes, the head of air pollution and energy efficiency at the IMO, during the Asia Pacific Petroleum Conference (APPEC) in Singapore.IMO, the United Nations' shipping agency…
Smarter Energy Policy Will Broaden Offshore Recovery
For the past few years, depressed commodity prices, stricter regulatory requirements and competition from onshore development at home and from other countries offering attractive offshore lease and royalty terms have had severe impacts on new exploration in the U.S. Gulf of Mexico. Thankfully, the tide appears to finally be turning.In August, Gulf of Mexico Lease Sale 251 drew increased competition for offerings and $178 million in high bids, $53 million more than previous sale held in March.
Wang Tak Launches Catamaran Passenger Ferry
A new 40m catamaran passenger ferry, Jiang Men, has been launched by shipbuilder Wang Tak in Hong Kong.The Incat Crowther designed Jiang Men is the third in a series…
Russia's Novatek Ships First LNG Cargo to Brazil
Russian natural gas producer Novatek has shipped its first LNG cargo to the Brazilian market with LNG produced from the Yamal LNG project.A statement from PAO Novatek…
Rowan Gets New Contract by Turkish Petroleum
Offshore driller Rowan Companies has been awarded a two-well contract for its Rowan Norway jack-up rig in the Mediterranean Sea by Turkish Petroleum.Rowan Companies announced that the Rowan Norway…
IMO Member State Audit Summary Goes to Sub-Committee
The first consolidated audit summary report from mandatory audits conducted under the IMO Member State Audit Scheme will be considered this week, when the Sub-Committee…
OGCI Pledges to Tackle Methane Emissions
The Oil and Gas Climate Initiative (OGCI) has announced a target to reduce by 2025 the collective average methane intensity of its aggregated upstream gas and oil…
Prysmian Completes Wikinger Offshore Wind Farm Cable Project
Prysmian Group, world leader in the energy and telecom cable systems industry, announces the successful commissioning of the inter-array cable system for the Wikinger offshore wind farm…
Global Maritime Community Strengthen Co-Operation in SOMS
More than 180 participants from around 80 maritime administrations and organisations, as well as embassies in Singapore, attended the 11th Co-operation Forum yesterday (September 24)…
Europe Prefers Polluting Yards Abroad, Though It can Handle Ship Recycling
Ship recycling yards approved by the EU will have enough capacity to handle demand from EU-flagged ships that need to be scrapped, a statement from NGO Shipbreaking…
MSC to Introduce Global Fuel Surcharge
Improving the environmental performance of the container shipping supply chain is a common goal shared by shipping lines, shippers, freight forwarders and non-vessel operating common carriers…
EU Backs European Maritime Single Window
The European Sea Ports Organisation (ESPO) welcomes the Commission’s proposal for a Regulation establishing a European Maritime Single Window environment, stated…
IMO Mourns Nyerere Casualty
International Maritime Organization (IMO) Secretary-General Kitack Lim has expressed his great sadness over the recent casualty of the Nyerere, a domestic ferry…
CompactClean BWMS Receives IMO Type Approval
DESMI Ocean Guard A/S has announced that the CompactClean Ballast Water Management System (BWMS) has received International Maritime Organization (IMO) Type Approval…
YANMAR America’s Commercial Marine Division Adds Three Repower Centers
YANMAR America’s Commercial Marine Division has announce the addition of three new Repower Centers to its distribution network: Kennedy Engine in Biloxi, Mississippi…
NC Ports Open for Business in the Choppy Wake of Florence
North Carolina Ports’ terminals in Wilmington and Morehead City resumed full commercial truck operations on Monday following Hurricane Florence which forced the terminals to close on Thursday…
Royal IHC to Build Four New Vessels for DEME
The Netherlands based Royal IHC said it has secured a contract from Belgium-based DEME for the design and build of four new vessels.The order consists of a copy of the liquefied natural gas (LNG) powered 8,400m3 trailing suction hopper dredger (TSHD) Scheldt River delivered in 2017, as well as a 2,300m3 TSHD and two 3,500m3 split barges.The compact design of the 2,300m3 TSHD is characterized by a small draught and can be deployed for projects in shallow water worldwide…
