Fisheries Subsidies in Major Non-EU Fishing Nations
A new study for the European Commission compiles data and information on fisheries subsidies within six of the world's major fishing countries: Japan, South Koreaā¦
Chinese Shipbuilder Mulls Deep-Sea Exploration
China Shipbuilding Industry Corp (CSIC) is developing a manned submersible vehicle, which would be able to dive into Challenger Deep, the deepest point on Earth estimated to be around 10ā¦
UAE Mulls $316mln LNG Terminal in India
Abu Dhabi's National Marine Dredging Company (NMDC) has been awarded a $316-million engineering, procurement and construction (EPC) contract for a hitech floatingā¦
Boat with 28 Chinese tourists missing off Malaysia
A boat carrying 31 people, including 28 Chinese tourists, is missing off the coast of Borneo, Malaysian maritime authorities said on Sunday. The boat left Kota Kinabaluā¦
USCG Assists in Delaware Aircraft Emergency
The Coast Guard assisted a pilot involved in an aircraft emergency in Georgetown, Delaware, today. A Coast Guard Air Station Atlantic City MH-65 Dolphin helicopterā¦
ABS Accommodation Standards Improve Crew Safety
ABS has published the ABS Guide for Habitability of Industrial Personnel on Accommodation Vessels. This industry-leading Guide establishes criteria for improvingā¦
Chevron Names Wirth Vice Chairman
Chevron Corporation said today that Michael K. Wirth, executive vice president of Midstream and Development, has been named vice chairman, effective February 1, 2017.
Florida Ports Drop Plans to Ink Pacts with Cuba
The news comes as Cuba watchers are looking closely for signs of how the United States' fragile detente with Cuba will fare under President Donald Trump. "Disappointedā¦
Viking Grace LNG Ferry to Install Rotor Sail
Norsepower Oy Ltd., provider of auxiliary wind propulsion systems, announced that it has signed an agreement with Finnish shipping company Viking Line to installā¦
Ingalls Authenticates Keel of NSC Midgett
Huntington Ingalls Industriesā (NYSE:HII) Ingalls Shipbuilding division today authenticated the keel of the eighth U.S. Coast Guard National Security Cutter, Midgett (WMSL 757).
McDermott bags Middle East pipelay contract
McDermott International, Inc. was awarded an offshore pipelay contract in the Middle East. The pipelay contract includes the engineering, procurement and installation of two oil pipelines offshore.
Halifax Port Gears for Busiest Cruise Season
The 2017 cruise season in Halifax will be the busiest to date. A record number of passenger visits and vessel calls will get underway on April 24, 2017 with the arrival of the Amadeaā¦
Exercise Cutlass Express to Begin
Maritime forces from East Africa, West Indian Ocean nations, Europe and the United States, as well as several international organizations, will begin the sixth iterationā¦
OOIL Sales Up 10% to $1.3 bln
Orient Overseas (International) Ltd (OOIL) whose principal holding is its container unit OOCL, posted a 10.3% fourth quarter year-on-year revenue increase in 2016 to US$1.3 billion.
NextDecade Takes Aim at Texas City for LNG Export
NextDecade LLC has signed lease agreements with the State of Texas and City of Texas City for a close to 1,000-acre site at Shoal Point for the potential developmentā¦
No Cash: PDVSA Tankers Stuck Off Venezuela
More than 4 million barrels of Venezuelan crude oil and fuels are stuck in tankers in the Caribbean because Venezuelaās state-run oil firm cannot afford to pay forā¦
Keppel Shuts Down Three Yards in Singapore
Keppel Corp, the world's biggest oil rig builder, is still hard hit by the downturn in the oil industry and will now shut down three yards in its homeland. Singaporeā¦
Eletson, Evergas Form Shipping Alliance
Eletson Gas and Evergas announced an alliance of the two companies that will trade the companiesā semi-ref/ethylene capable vessels. The new venture, to be called the E3 Poolā¦
Davie Wins Canadian Icebreaker Refit Work
Canadian shipyard Davie said it has secured a contract for the upgrade and refit of Canadaās heaviest icebreaker, 50-year-old CCGS Louis St Laurent. The $14 million program, part of the Canadian Coast Guardās multi-year maintenance plan, will mark the return of the CCGS Louis St Laurent to Davie in February 2017. According to a representative of Fisheries and Oceans Canada, CCGS Louis St Laurent and its hull are in good conditionā¦
Oil Prices Fall as US Drillers Add Rigs
Oil prices slipped on Friday, extending losses after data suggested drilling is ramping up in the United States, easing the focus on efforts by OPEC and other producersā¦
