OSV Market: Which Way is Up?
Any analysis of markets for offshore service vessels (OSV) usually begins with analogies to rough weather, best of times/worst of times or similar. OSV expert Seabrokers, with a home base in Stavanger, Norway, in the February edition of its Seabreeze market report follows this convention with a description of the “feast or famine” conditions in the North Sea. Recent day rate action highlights the localized nature of markets for anchor handlers (AHT)…
ABB, SINTEF Test Fuel Cells of Hydrogen Hybrid Ferry
Swiss-Swedish multinational corporation ABB and European independent research organisations SINTEF Ocean laboratory in Trondheim test fuel cells for the world’s…
Blue Water Ships Fire Pump Vessel
The project team of Blue Water Shipping, a provider of freight transport solutions, in Marseille, France was entrusted with an exciting job for its client Societe De Constructions…
Port of Kiel Begins Cruise Season 2019
The call by AIDAcara on Sunday, April 7, marks the beginning of cruise season 2019 in the port of Kiel.Dr Dirk Claus, Managing Director at Port of Kiel (Seehafen Kiel GmbH & Co.
Tsuneishi Delivers First LRI Tanker
Tsuneishi Shipbuilding Co, ship repair and manufacturing company in Japan, has delivered its first long-range-one (LRI) (77,000 DWT) Product/Chemical Tanker."This…
IMO 2020 Impact on Fuel Bunker
When new International Maritime Organization’s (IMO’s) bunker fuel regulations come into effect on January 1, 2020, there remains uncertainty regarding the availability…
Okeanis Orders Suezmax Pair
Piraeus-based shipping group Okeanis Eco Tankers, owned by the Alafouzos family, has been granted an option by by chairman and CEO Ioannis Alafouzos to acquire…
Christian Andersen Leaves Avance Gas
Avance Gas Holding, a Bermuda-based company engaged in the transportation of liquefied petroleum gas, said that announces Christian Andersen will step down as President.Peder…
Qatargas Delivered 500 Cargoes LNG to China in Ten Years
Qatargas Operating Company Limited (Qatargas) has recently highlighted its long-term relationship with China."Qatargas has reliably supplied Liquefied Natural Gas (LNG) to China for 10 years…
Guanghui Signs 10-year LNG SPA with Total
France’s Total and Guanghui Energy, a China-based company, principally engaged in the natural gas and coal business, have signed a long-term sale and purchase agreement…
Iran, Iraq Plan Two Oilfields Development
Iran and Iraq have reached an agreement for joint development of the Naft Shahr and Khorramshahr joint oil fields, Iranian Minister of Petroleum Bijan Zangeneh said.Speaking on Sunday…
OGA Releases Mid North Sea High Map
The Oil and Gas Authority (OGA) of UK has released regional maps and supporting data for the Mid North Sea High area.The data represent the latest delivery from…
New Aframax Tanker Makes First N. American Call
The Aframax tanker ProStar recently made its first North American delivery to discharge 442,131 barrels of jet fuel at Seaport Canaveral."820-foot-long ProStar…
Global LNG Bunker Fuel Market to Reach $1.3bln by 2026
The global Liquefied Natural Gas (LNG) as a bunker fuel market was valued around US$ 550 million in 2017, and is expected to register a CAGR of over 8.5%. The bunker…
ZIM Returns to NWSA North Harbor
The Northwest Seaport Alliance (NWSA ), a marine cargo operating partnership of the ports of Seattle and Tacoma, has welcome the ZIM Ningbo to its North Harbor.Zim…
Aegean Marine Becomes Minerva Bunkering
Marine fuel logistics company Aegean Marine Petroleum Network announced that its plan of reorganization became effective and it has emerged from the voluntary…
Fitch Bullish on Asia-Pacific Ports
Revenue stability and capex plans are the main drivers of credit rating differences among Asia-Pacific ports, according to a new Fitch Ratings report. Leverage and…
MSC Executive Director Maurizio Aponte Leaves
Maurizio Aponte, executive director for Europe of the group Mediterranean Shipping Company (MSC) is stepping down.He will be taking up new responsibilities within the MSC family…
Pilbara Ports Throughput Down by 13%
Australia's Pilbara Ports Authority (PPA) has delivered a total monthly throughput of 50.3 million tonnes (Mt) for the month of March 2019, which was a 13% decrease…
World’s Largest STS Transfer Hub Comes in Malaysia
KA Petra, a Malaysian ship-to-ship (STS) transfer specialist, has signed a Heads of Agreement (HOA) with Hutchison Port Holdings to jointly develop the world’s largest…
