Asia-N.Europe Box Rates Jump 170 pct
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 170 percent to $732 per 20-foot container (TEU) in the week ended on Friday…
Transport via Northern European ports more sustainable
On the European continent, the Alps form a natural barrier for international transport. Containers can be transported to Southern Germany, the Czech Republic or…
MOL's LNG Carrier KUMUL Delivered
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced the delivery of the LNG carrier KUMUL at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.
Highest-Pull Wireline Conveyance System from Schlumberger
Schlumberger announced today the launch of the MaxPull high-pull wireline conveyance system that can pull from 18,000 lbf to 30,000 lbf in wells 40,000 ft [12,192 m] deep or more.
SPE Aberdeen Awards Students Bursaries
The Society of Petroleum Engineers (SPE) Aberdeen Section has announced the recipients of its annual student bursaries programme for 2015-2016. In total, £7,500…
NAT Acquires Four 150,000dwt Tankers
Nordic American Tankers Limited ("NAT" or the "Company") announced today that it has entered into an agreement to acquire four existing Suezmax sister vessels built in Japan at a world-class shipyard.
Cyberhawk Sinks Claws into US O&G Market
Cyberhawk Innovations, the world leader in aerial inspection and survey using Unmanned Aerial Vehicles (UAV), is set to boost its international credentials with…
DNS Appoints Esson, Chief Executive
Decom North Sea (DNS), the representative body for the offshore decommissioning industry, which promotes and facilitates collaboration and cost reduction, today appointed a new chief executive.
TGS, PGS Team Up on Eastern Canada Seismic
TGS announces the expansion of its multi-client library offshore Eastern Canada with plans to acquire more than 36,000 km of 2D seismic data, in partnership with PGS…
Damen, Expedition Voyage Consultants Join Forces
Damen and Expedition Voyage Consultants team up to develop globally capable expedition ship. In response to interest from clients in the fast-growing expedition cruise market…
Islamic Militants Free Indonesian Sailors
Ten Indonesian tugboat crewmen held by the Abu Sayyaf terror gang in the southern Philippines were freed unharmed Sunday. The sailors arrived in Jakarta late on Sunday night…
India to Take Part in Maritime Drill in South China Sea
India will join US and Japan conduct joint naval exercises in the northern waters of the Philippine Sea, an area close to the East and South China Seas where Beijing…
Singapore’s Mega Terminal Construction Kicks Off
The Maritime and Port Authority of Singapore (MPA) has started the construction of a new container terminal at the western end of the island to replace existing…
Cruise Ship Sails from US tor Cuba for First Time in 50 Years
A cruise ship is sailing to Cuba from the U.S. for the first time in more than 50 years. The Bermuda-flagged Adonia sailed from the port of Miami carrying some 700 passengers on Sunday.
Indian Sub Kalvari Undergoes Sea Trials
‘Kalvari’ (Tiger Shark), the first of the Scorpene-class submarines, went to sea for the first time on Sunday marking the commencement of sea trials. The submarine…
China Equipments to Yamal LNG
The first shipment of a ‘core kit’ for Russia’s Yamal LNG project has set sail for northern Russia from the Chinese port of Qingdao. China's first batch of two air…
Turkish LPD Comes into Effect
Turkey has launched the building phase of its amphibious landing platform dock (LPD) warship for the Turkish Naval Forces with a ceremony on April 30, says Hurriyet.
Oil Price Bottoming Depends on Global Growth - IEA chief
International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed but that would depend on global economic growth. He expected…
Blacklisted Tanker Returns to Libya's Zawiya Port
A tanker that Libya's rival eastern government had been using to try to export oil in defiance of the Western-backed administration in Tripoli returned to the country on Saturday…
Lerwick Harbor sees Seasonal Boost
The opening of the offshore season in northern waters has seen specialist oil industry vessels return to Lerwick Harbor during April to support subsea development projects.
