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Glencore Charters World's Largest Tanker to Store Crude
Trading house Glencore has chartered the 3 million barrel crude carrier Europe to store oil at sea for at least 6 months, trading sources on Tuesday.The vessel is one of two so-called ultra large crude carriers (ULCC), the largest tankers in the world.Glencore booked the vessel at a rate of $37,000 a day for the first six months, according to the sources.A Glencore spokesman declined to comment.Sources told Reuters last week that Royal Dutch Shell had provisionally booked at least three supertan
LIfeboat Prepares to Retrace Shackleton's Antarctic Voyage
A crew of six British and Australian adventurers will re-enact Sir Ernest Shackleton's epic Antarctic small boat voyage. With only four months to go before the 'Shackleton Epic' adventure gets underway, a significant milestone has been reached with the sea trial and the expedition's naval element is eager to get going on the trip of a lifetime. The 'Shackleton Epic' has been in development since 2008 when The Honourable Alexandra Shackletonā¦
Neda Maritime Achieves ISO 50001 Certification
Neda Maritime achieves ISO 50001 certification to join an elite group of tanker owners who are managing their energy use more effectively. After months of close work with Lloydās Register, Greek shipowner gains international standard. The Piraeus-based Neda Maritime Agency Co. Ltd has joined an elite group of ship operators who have certified their systems and processes against the ISO 50001 standardā¦
Dryships Inc. Announces Management Change
DryShips Inc. (NASDAQ: DRYS) a provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc.ā¦
Kleven Wins Rem Offshore Construction Vessel Contract
Kleven gets contract to build it largest subsea construction vessel yet for Rem Offshore. The design is for a length of 108m and a width of 22m, with accommodation for a total of 110 persons. The ship is equipped with a 250t offshore crane that can work down to 3000m ocean depth, a 7.2m square moonpool, and 3 ROVs (2 Work, 1 Observation). The new building will be delivered in the first quarter of 2014. Kleven say they now have 14 vessels in the order book, at a value of almost NOK 7-billion.
EPA Banning of BP Contracts: NOIA & IADC Comment
NOIA and IADC see broad, far reaching negative Impacts from EPA suspension of BP from US Government offshore contracts. The national trade associations, the Nationalā¦
RIMPAC Worldās Largest International Maritime Exercise
Capt. Edward Lundquist, U.S. Navy (Ret.) talks with Vice Admiral Jerry Beaman, the commander of the U.S. THIRD Fleet, about the 2012 āRim of the Pacificā (RIMPAC) multi-national fleet exercise. How has the Rim of the Pacific or āRIMPACā exercised evolved to the current involvement of more than 20 nations? Our naval heritage and our tradition really began in the War of 1812. In February of 1813, the frigate USS Essex was the very first Navy ship to sail into the Pacific.
Rare Shipments of North Sea Forties Crude Head to East Coast Refiners
U.S. and Canadian refiners have turned to North Sea "Forties" crude oil for the first time in seven years in the latest sign of changing global oil flows from Russia's invasion of Ukraine.
Fukuoka Shipbuilding Delivers New Chemical Tanker to Fairfield
Fairfield Chemical Carriers has taken deliver of its latest vessel, Fairchem Pathfinder, a 26,222 DWT IMO 2/3 chemical tanker built by Japan's Fukuoka Shipbuilding.Fairchem Pathfinder is the first in a series of four LNG-dual fuel sister vessels being built by Fukuoka for Fairfield.The 158.4-meter-long (LOA) stainless steel chemical tanker is classed by NK and registered in the Marshall Islands.U.S.ā¦
Maritime Voices: Clint Winegar, Presiding Officer, Houston Pilots
The Houston Ship Channel is one of the nationās busiest and most vibrant shipping lanes, a key corridor for energy and chemicals. Keeping operations running smoothly involves the Houston Pilots, facilitating more than 20,000 vessel assists each year. Clint Winegar, Presiding Officer, Houston Pilots, discusses the organization in the round, explaining how the Houston operation remains one of three in the country that still utilizes station boat.
WindWaves to Deliver WindWings for BAR Technologies in Europe
WindWaves will manufacture, sell and deliver BAR Technologiesā new 20m and 24m WindWings® wing sails in Europe. In February this year the two companies announced a similar deal for the larger 37.5m WindWings.WindWaves will manage the value chain of procurement and construction of 20m and 24m WindWings and their installation at shipyards across Europe. Additionally, WindWaves will manage the servicing of WindWings during their operational life cycleā¦
India OKs Russian Marine Insurers
India has approved three Russian insurers, including a unit of top lender Sberbank, to provide marine cover to ships arriving at Indian ports, a government notification shows, helping Moscow maintain oil supplies to a key market.India is the top buyer of Russian seaborne oil after China since Western nations shunned purchases and imposed sanctions on Moscow for its military action in Ukraine.With the granting of the permits to Sberbank Insuranceā¦
BOEM Advances Offshore Wind in Central Atlantic
The US Bureau of Ocean Energy Management (BOEM) has announced the availability of its final Environmental Assessment (EA), which considers possible impacts from issuing leases for potential offshore wind development off the Delaware, Maryland, and Virginia coasts, including site assessment and site characterization activities such as geophysical, geological, and archaeological surveys.The EA concludedā¦
Russian Navy Starts Drills Involving Most of Its Fleet
The Russian navy started planned exercises involving most of its fleet as well as 20,000 personnel and 300 ships, Russian news agencies reported on Tuesday, citing the defence ministry.The drills are to test the navy's military command bodies of three fleets as well as the Caspian Flotilla, TASS news agency reported. Russia's Navy comprises of four fleets, the Caspian flotilla and several task forces.The Northern Fleet in Russia's Arcticā¦
Regulation to Cut Ship Pollution May Have Increased Global Warming, Study finds
A new study examined the climate effect of the mandated reduction of sulfur in ship exhaust emissions globally since 2020, and it suggests that the shipping regulation has reduced how much light is being reflected back into space, which has likely contributed towards the record warming over the last few years.International shipping, while invisible to most of us, has a large impact on climate and air quality.
KNOT Makes Tanker Swap
KNOT Offshore Partners announced that its wholly owned subsidiary, KNOT Shuttle Tankers, has entered into agreements with parent ocompany Knutsen NYK Offshore Tankers AS (KNOT), to simultaneously acquire from KNOT the 2021-built, industry-standard Suezmax shuttle tanker Tuva Knutsen and sell to KNOT the smaller-scale, 2011-built shuttle tanker Dan Cisne.These transactions will be effected by the purchase and sale of the entities which own the respective vessels.
Ulsan Hosts First Ship-To-Ship Methanol Bunkering Operation
The Korean Ministry of Oceans and Fisheries and Ulsan Port Authority have announced a world first with the completion of a ship-to-ship (STS) bunkering of green methanol to the 16,000 TEU container ship Ane Maersk at Ulsan Port, South Korea.The Ministry of Oceans and Fisheries established the relevant institutional foundation, including the āGuidelines for Approval of Self-Safety Management Plan forā¦
China Media Warns Against Taking China's Indian Ocean Research as Threats
Chinese state media warned on Friday that a report by a prominent U.S. think tank on the military uses of Chinese scientific research across the Indian Ocean gave "ammunition" to countries bent on concocting threats from China.The report this week by the Washington-based Center for Strategic and International Studies (CSIS) "comes at a time when some countries need to manufacture a 'China threat' narrative in the Indian Ocean region and provides them with ammunition"ā¦
BP Pauses All Shipments Through Red Sea Amid Houthi Attacks
Oil prices were little changed on Tuesday as investors eyed the impact on oil supply after attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade and forced companies to reroute vessels.Brent crude futures rose 6 cents to $78.01 a barrel at 0726 GMT. The front-month U.S. West Texas Intermediate crude futures contract , which expires on Tuesday, fell 18 cents to $72.29 a barrel.
Institute of Chartered Shipbrokers Welcomes New Senior Officers
The Institute of Chartered Shipbrokers has officially welcomed its new senior officers at a Controlling Council meeting held in Athens, Greece.Taking over from Glenn Murphy as International Chair of the Institute is Luis Bernat. Prior to his election as Chair, Bernat has held the position of Vice Chair since 2021. He brings to the role extensive experience gained over almost 50 years in the industry. This includes, most recently, his role as Chartering Manager for TSL Shipping & Trading.