Maritime Industry Top News
Expanding Operations Demand Robust Fleet Management Solution
As technology needs penetrate the growing offshore sector, Harvey Gulf will depend on Advanced Logistics’ software to support its expanding fleet deployments. When…
California OGV Fuel Regulations Under Review
The California Air Resources Board (ARB) issued an advisory to owners or operators of oceangoing vessels visiting California ports offering guidance for complying with the state’s fuel regulations during the Air Resources Board Sunset review process. The California Oceangoing Vessel (OGV) Fuel Regulation includes a sunset provision which states that the requirements of the California OGV Fuel Regulation…
Atlantic Rolling Gate Installed at Panama Canal
The Panama Canal Expansion Program’s electro-mechanical installation phase has begun with the installation of the first steel rolling gate at the Atlantic side. "This year, the Expansion Program completed several milestones towards the completion of the project," said Panama Canal Administrator Jorge L. Quijano. "I am proud of the progress we have made on this project and the uninterrupted service we have provided to global shipping for 100 years.
New Generation SSAV Delivered to PACC Offshore
POSH Xanadu, the first of a new generation of DP3 Semisubmersible Accommodation Vessels (SSAV) for PACC Offshore Services Holdings Limited (POSH), was delivered to Singapore on December 22, 2014, directly embarking on her maiden contract in Brazil with Petrobras for a firm one year charter. Her sister vessel, POSH Arcadia, is expected to be delivered in the first quarter of 2015. POSH Xanadu and POSH Arcadia, are both classed by DNV.
Nicaragua Canal Developer Plans IPO
The Hong Kong-based company with a concession to build a $50 billion shipping canal in Nicaragua said on Tuesday it is preparing to launch an initial public offering.
Mitsubishi Considers Splitting Off Shipbuilding Arm
Japan's Mitsubishi Heavy Industries Ltd (MHI) said on Wednesday it was considering a range of options for its shipbuilding business, including splitting it off into a separate company.
Pipeline Spills into Black Sea From Russian Source
A leak on a major Russian oil pipeline caused a spill in the Black Sea near the port of Tuapse on Wednesday where officials said stormy weather was hampering efforts…
Petrobras Sets up Special Committee
The Board of Directors of Petrobras approved at a meeting held today, the creation of a special committee to act as interlocutor ("Reporting line") of independent…
Chariot to Farm-out with Woodside
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, reports that, as detailed in the announcement of 4 July 2014, the farm-out…
Aker: 4 Tankers Now Underway at Phila. Shipyard
Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), celebrated two significant ship milestones this week.
WSS' Adjusted Pricing From 1st Jan
From 1 January 2015, Wilhelmsen Ships Service (WSS) will increase prices on all products and services by the OECD* global average inflation rate of 1.9%. “In order…
General Dynamics Contibute $0.5 mi to CIMVHR
General Dynamics Canada is proud to announce a contribution of half a million dollars over three years to support the work of the Canadian Institute for Military and Veteran Health Research (CIMVHR).
USCG Urge Precaution During Impending Storms
The Coast Guard is urging mariners and the coastal community to take precautions in preparation of two storms expected to impact the Northeast Wednesday and Thursday.
Yamal, the Future of Russian Gas Industry
Development of an unparalleled gas production center is well underway in Yamal, in harsh Arctic latitudes. The annual design capacity at Bovanenkovo has already…
Ezion Holdings to Acquire Teras Conquest
The Board of Directors of Ezion Holdings Limited (the “Company”) wishes to announce that the Company had acquired 92,000 ordinary shares of S$1.00 each representing…
Long Beach Advances Congestion Relief Measures
Taking aim at the bottleneck that has slowed cargo movement through the port recently, the Long Beach Board of Harbor Commissioners on Monday approved measures to relieve congestion including a petition of the Federal Maritime Commission for permission to work in concert with the neighboring Port of Los Angeles. The Harbor Commission authorized the release of a Request for Proposals for the creation of a “peak chassis pool…
G E Shipping Takes Tanker Delivery
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a 2004-built Medium Range Product Tanker, Jag Pranam, of about 48,700 dwt. The company had…
BW Offshore Lands FPSO Contract Extension
BW Offshore has received a one year contract extension for the lease and operation of the FPSO Umuroa operating on the Umuroa field offshore New Zealand for AWE.
Dredging Underway at Hong Kong Typhoon Shelter
Dredging operations will be performed at New Yau Ma Tei Typhoon Shelter with immediate effect and for a period of approximately six months, according to the Government…
Great Ships of 2014 Named
- CSCL Globe, the world’s largest containership at 1312 ft. long, 187,541 gross tons and able to carry 19,000 TEU. - Pieter Schelte, the biggest ship ever which cost about $3.1 billion and measures 1253 ft. long by 407 ft. wide and built by Daewoo Shipbuilding in Korea for the decommissioning of offshore rigs. - Harvey Energy, an LNG-fuelled Offshore Service Vessel pioneer built in the United States.