Fire burns out of control at Philadelphia refinery
A fire was burning out of control at an oil refinery in Pennsylvania on Friday morning, a Philadelphia fire department official said, as local media reported a series of explosions on site.NBC Philadelphia said the "massive" blaze at the 335,000 barrels per day Philadelphia Energy Solutions refinery was visible from miles away and triggered explosions that were felt as far away as South Jersey.The crude section at the Girard Point portion of the refinery was shut down due to the fire, intelligence provider Genscape said.There were no immediate reports of casualties at the complex, which the NBC affiliate said employs around 1,000 people.A company spokeswoman was not immediately available for comment.Three fire stations and a hazardous materials response crew were mobilised, the fire depart
Shareholders OK HHI Split-up Plan
Shareholders of Hyundai Heavy Industries (HHI) have approved the South Korean shipbuilder's split-up plan amid fierce opposition from its labor union.According to local media reports, Hyundai Heavy Industries, , South Korea's largest shipbuilder, is now divided into mid-holding companies and subsidiaries engaged in shipbuilding, special ship, offshore plant, engine and machinery business.HHI changed its name and mission to the Korea Shipbuilding & Marine Engineering Co., Ltd.
Troubled Pula Shipyard Placed into Bankruptcy
Croatia's ailing shipyard in the northern Adriatic city of Pula was placed into bankruptcy by a commercial court on Monday after an almost year-long effort to keep it afloat.The shipyard belongs to Uljanik, Croatia's largest shipbuilding group, which also owns another troubled dock in the northern Adriatic city of Rijeka. A decision on the shipyard in Rijeka is scheduled for June 5.The Pula shipyard has an outstanding debt of 164.8 million kuna ($25 million). Local media reported that it has 1…
Aus PM Promises $1bln for New Navy Ships
The Prime Minister of Australia and leader of the Liberal Party Scott Morrison is promising $1 billion to build three naval ships in Western Australia to create 1000 jobs if the coalition wins the election."We will build two mine warfare support vessels and a hydrographic vessel in Perth," he said in an announcement.On the WA shipbuilding funding Morrison said it would ensure jobs created in the sector would continue to the 2030s."This commitment in West Australia adds to the 31 minor war vessels already being built in the state - built in Australia…
Court Postpones Bankruptcy Ruling for Croatia Yard
A court in Croatia on Wednesday postponed a bankruptcy ruling for the country's biggest shipbuilding group Uljanik until May 13, as the government tried to delay activation of state guarantees to a customer for late delivery of a vessel.The commercial court in the northwestern town of Pazin had already delayed its ruling from March and the decision in May should be final. Bankruptcy would threaten the jobs of around 3,000 workers.Uljanik, which owns two shipyards in the northern Adriatic cities of Pula and Rijeka and is 25 percent owned by the state, has been working to stave off bankruptcy due to liquidity problems that began in 2017.The…
Estonia Blocks $1.9B Offshore Wind Project
The Estonian government has refused to start the permitting process for the building of a $1.9 billion, 600-MW offshore wind farm off the west coast of the island of Saaremaa, citing national security concerns.The Estonian developer Saare Wind Energy OU had been drawing up plans for four years and had applied for a 50-year building permit for 100 six-megawatt turbines off the island of Saaremaa, said a report in Bloomberg.The wind farm was to consist of 100 turbines of 6 MW each 10 to 27 kilometers off the western coast of the island.
Two Bangladeshi Workers Killed in Shipbreaking Yard
Two Bangladeshi workers were killed Monday in a fire that started in the engine room of an end-of-life tanker being dismantled at a shipbreaking yard in Chittagong, Bangladesh, the NGO Shipbreaking PlatformMd Jamil, 23 years old cutter man, and Bipul lost their lives while scrapping the ship GREEK WARRIOR (IMO 9191412) at Shagorika Ship Breaking Yard. According to local media, Jamil was burned and rushed to Chittagong Medical College Hospital. He died before reaching the hospital.
Hyundai Heavy Seeks to Acquire DSME
South Korea's "Big Three" shipbuilders may soon become the "Big Two". South Korea’s Hyundai Heavy Industries (HHI) has expressed interest to buy its rival Daewoo Shipbuilding & Marine Engineering (DSME), the local media has reported.The world’s biggest shipbuilder plans to buy a majority stake in in second-ranked rival from the state-run Korea Development Bank (KDB), WSJ reported quoting people directly involved in the matter.The move would consolidate HHI's position as the top South Korean shipbuilder and create a new industry giant.According to the report…
Troubled Shipbuilder Uljanik Draws Investor Interest
Croatia's largest shipbuilder Uljanik, which is trying to attract investors to stay afloat, extended a due diligence process until late next week after drawing the interest of potential strategic partners.Croatia's Economy Minister Darko Horvat said four potential investors were looking at Uljanik's business data and another company was also interested, but did not elaborate."I expect at least two serious offers for Uljanik at the end of this process which would then prevent its bankruptcy…
Bridge Collapse Blocks Belgian Canal Traffic
Shipping was blocked on the Brussels-Willebroek canal just north of the Belgian capital on Thursday after a ship struck a bridge near the town of Grimbergen, police said.The Humbeek bridge, which rises on cables to allow barges to pass beneath, was badly damaged, according to police cited by local media, although no one was injured.The canal carries significant amounts of freight between Brussels and the Scheltdt estuary around Antwerp.(Reuters reporting by Alastair Macdonald Editing by Gareth Jones)
Chinese Eye Philippines Hanjin Shipyard
Two Chinese shipbuilding companies have expressed intent to invest in the largest Philippine shipyard, debt-riddled Hanjin Heavy Industries and Construction Philippines, the Department of Trade Industry (DTI) said.Drowning in debt, the Philippine business of the Hanjin Group of South Korea, has asked the government for help in search of an investor who would take over the business and save the troubled shipbuilder.Philippines Rodrigo Duterte administration has stepped in to help save the troubled investor in Subic.According to local media reports…
Britain Deploys Extra Patrol Boats as Migrant Crossings Rise
Britain is recalling two patrol boats from overseas deployments to help deal with an increase in the number of migrants trying to reach the country from France, interior minister Sajid Javid said on Monday.Javid said there had been an increase in the number of migrants crossing the English Channel from France and last week he declared the situation a "major incident".On Monday, following a meeting of officials in London, he said two the additional ships would join three other vessels already working in the channel.He said 230 migrants had attempted to cross one of the world's busiest shipping lanes in December, although almost half were prevented from leaving France.The number is a tiny fraction of those regularly attempting to reach European Union territory by crossing the Mediterranean f
Afghan Launches India-Iran Shipping
Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities between Chabahar Free Trade Zone and India.IRNA reported quoted the Afghan Ministry of Transportation as saying that the shipping sector would soon be formed and the ships could operate commercial activities with the flag of Afghanistan in free waters.The other local media hailed the move saying that Afghan will soon establish a department of shipping and ships will plough the ocean flying the Afghan flag.
Austal Cyber Hack Probe May Take Years
Australia's chief cyber security chief said on Tuesday an investigation into the hacking of defense contractor Austal Ltd could take years, rejecting a local media report that his agency had concluded the attack originated from Iran.Austal said earlier this month hackers had breached its defenses to gain access to ship designs and that some staff email addresses and mobile phone numbers were accessed.The attack triggered an investigation by the Australian Cyber Security Centre (ACSC), the country's top cyber security unit.
South Korea's SK Group to Sell SK Shipping
South Korea's large family-owned business conglomerate SK Group is planning to get out of shipping by offloading shipping subsidiary SK Shipping Co., on account of the debt burden amid an industry slowdown.According to a report in the Pulse, SK Holdings Co., the holding entity of SK Group, is reportedly seeking to sell a majority of its stake in SK Shipping to local private equity firm Hahn & Co. for an estimated 1.5 trillion won ($1.3 billion).Hahn & Company is said to be reviewing…
Hyundai Merchant Marine to Say Good Bye to 2M Alliance?
South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join a new ocean alliance said a local media report.According to a report in Business Korea, the 2M Alliance (consists of Maersk Line and MSC) is disadvantageous to HMM as it is not a full member of the alliance. HMM's status fell as the 2M Alliance inked a partnership deal with Israel's Zim Integrated Shipping Services, the report…
Ferry Capsizes in Tanzania's Lake Victoria
A passenger ferry in Tanzania's Lake Victoria has sunk and rescue operations are underway, Tanzanian authorities said on Thursday.Tanzania's Electrical, Mechanical and Services Agency (TEMESA), which operates ferry services, said the boat, known as MV Nyerere, sank on Thursday afternoon in Ukurewe district Mwanza region.TEMESA Spokeswoman Theresia Mwami said so far they had not established the exact number of passengers who were on board and whether anyone had died.
Egina FPSO Sails to Offshore Field
The $3.3 billion Floating Production Storage Offloading (FPSO) unit built by Samsung Heavy Industries of Korea (SHI) for the 200,000 barrels per day capacity Egina oilfield began to sail to the oilfield Sunday, reports local media.Following fabrication and integration works in Lagos, the FPSO will arrive in three days’ time at the Egina oilfield located in Oil Mining Lease (OML) 130, which is being developed at the cost of $16 billion by the French oil major, TotalT.Nicholas Terraz…
Antwerp Port Fire Creates Toxic Cloud
Toxic smoke from a massive smoldering fire has triggered an evacuation in the Port of Antwerp, local media reported.All vessels and business within 6,000 feet from the fire have been evacuated, RTL broadcaster reported.The authorities have reportedly urged the people who live nearby to keep their windows closed due to danger from the toxic smoke.According to RT, Firefighters are still battling the blaze, which produces “poisonous substances.”Some 5,000 tons of nickel sulfide caught fire in a warehouse of one of Europe’s largest seaports…
Coast Guard Salvages Missouri Boat after Fatal Sinking
The U.S. Coast Guard used a floating crane on Monday to raise the "duck boat" that sank beneath storm-whipped waves in a Missouri lake last week, drowning 17 people in one of the deadliest tourist accidents in the United States in years.Workers in hard hats spent an hour or so helping divers connect slings to the World War Two-style amphibious vessel some 80 feet (24 meters) below the water's surface before raising it and dragging it, dripping but apparently intact, to dry land.The…
Erna Oldendorff Collided with Japanese Bridge
The Oldendorff Carriers vessel Erna Oldendorff struck the Oshima bridge on its way to Etajima, Japan on Monday, October 22.A press notification from the dry bulk shipping company said that no people were hurt and there are no reports of pollution at this time.Immediately after the incident Oldendorff Carriers informed all relevant authorities and parties.The vessel is following instructions of the Japanese Coast Guard and has moved to a safe anchorage.The cause of the accident is still unknown.
Trinidad Signs Pact with BP, Shell
The government of Trinidad and Tobago (T&T) has entered into an agreement with energy giantsShell and BP over gas pricing and LNG activities.According to local media reports, the agreement involves new pricing arrangements, the extension of the Atlantic LNG Train 1 by a further five years, and the ability of the National Gas Company (NGC) to export liquified natural gas (LNG) on behalf of T&T.The government sources quoted minister in the Office of the Prime…
Husky Energy ‘Deeply Sorry’ for Oil Spill off Newfoundland
Canadian petroleum company Husky Energy submitted a preliminary report about the largest-ever oil spill in Newfoundland and Labrador and said it is “deeply sorry” for the incident.According to local media reports, the oil and gas company admitted that on November 16, there were two separate oil spills at the Sea Rose FPSO.“The initial release occurred during the approximately 20 minutes offshore teams were troubleshooting a drop in flowline pressure,” Husky said on its website.The spill happened when a flowline connector failed…