MarineTraffic, a global AIS vessel tracking service, believes that open data can positively increase the competitiveness and efficiency of the shipping industry. Speaking at the Union for the Mediterranean stakeholder conference, “Towards a Roadmap for Blue Investment and Jobs in the Mediterranean”
WERPO is looking to build ‘a very large infrastructure for ocean power generators’ together with an unnamed electrical supplier in China. According to WERPO, the company is currently in discussions with ‘one of the most important electric companies’ in China, through Beijing Capital Group (BCG) – WE
Israeli ports of Ashdod and Haifa are closed today as port workers resume strike over privatization of the country’s two major ports. Namely, Chinese Shanghai International Port Group (SIPG) has won a tender to operate the new port being developed in Haifa Bay whereas Dutch Terminal Investment Limit
Mermaid Maritime Public Company’s drilling associate, Asia Offshore Drilling Limited (AOD), has reached an agreement with its customer Saudi Arabian Oil Company (Saudi Aramco) to reduce the operating day rates for three jack-up rigs. The rigs in question are AOD I, AOD II, and AOD III and their day
The first quarter of 2015 saw a material fall in demand and charter rates for LNG shipping, Golar LNG Limited said in a commercial review of LNG shipping and FRSU performance. Average spot rates during the quarter were USD 40-45,000/day for TFDE vessels and USD 30-35,000/day for steam turbine vessel
Fugro has been awarded a three-year extension to its existing contracts with engineering and construction company, McDermott Middle East. The extension is for the provision of survey, positioning, remotely operated vehicle (ROV) and diving services in the United Arab Emirates, Qatar, India and Saudi
MacArtney has signed a representative agreement with Vsense Technologies, a technology company based in Israel. The two companies will team up to offer underwater technology products and solutions within relevant Israeli markets. As an official MacArtney representative, Vsense will have access to th
Charterers representing twenty percent of global shipped tonnage now have policies in place to avoid using the most inefficient ships based on the GHG Emissions Rating, according to a nonprofit organisation Carbon War Room. In the past two and a half years, usage of the GHG Emissions Rating and the
Fugro has been awarded a three-year extension to its existing contracts with engineering and construction company, McDermott Middle East, Inc. According to Fugro’s press release, the contract is for the provision of survey, positioning, remotely operated vehicle (ROV) and diving services in the Unit
Following the bombing of one of its tankers by the internationally-recognized government forces, the National Oil Corporation of Libya called on the eastern forces to stop the damaging attacks. NOC condemned the attack in a statement, saying the incident had considerable harmful consequences on the
McDermott International, Inc. has been awarded a large brownfield contract by Saudi Aramco for the engineering, procurement, construction and installation (EPCI) of twelve jackets for offshore oil and gas fields in Saudi Arabian waters. According to McDermott, the work is scheduled for completion by
McDermott has been awarded a large brownfield contract by Saudi Aramco for the engineering, procurement, construction and installation (EPCI) of twelve jackets for offshore oil and gas fields in Saudi Arabian waters. According to the company, work is scheduled for completion by the end of the first
GAC EnvironHull has signed a contract with Statoil to provide underwater hull cleaning services for its vessels operating in Scandinavia, the Middle East and the Far East. From the second quarter of 2015, GAC EnvironHull, part of global shipping, logistics and marine services provider GAC Group, is
Kongsberg has been selected to deliver a complete Electro, Instrument & Telecom (EIT), propulsion, safety, automation and dynamic positioning package for two new Gusto NG-2500X DP II design, offshore construction, self-propelled jack-up vessels, also known as liftboats. According to Kongsberg, the o
