International classification society Bureau Veritas has published a comprehensive set of guidelines on LNG Bunkering, with the aim of speeding adoption of LNG as a ship’s fuel by kick starting the LNG bunker chain. Jean-Francois Segretain, Technical Director, Marine and Offshore Division, Bureau V
The shipping industry has been sailing on some rough tides and is still facing challenging times ahead as the industry players gear up for ever stringent regulations. Having that in mind, it seems that the time has come for a stronger unity between the relevant stakeholders. As a result, it may be t
Kleven has signed a new shipbuilding contract with Malaysian based Joint Venture Company IES Pioneer Ltd. The contract for the new vessel is of the MT 6015 MPSV design, designed by Norwegian design company MarinTeknikk, and will be outfitted with a crane, helideck and FiFi II. Delivery will be in Se
Gulf Drilling International Limited, a subsidiary of Gulf International Services, has announced that they have been awarded a new contract by Qatar Petroleum for a new hi-spec premium jack-up rig starting in the 2nd quarter in 2016. The brand new rig, recently named “Halul”, will become the 4th jack
Workers stuck on North Sea rig due to helicopter leak A crew consisting of 18 oil workers has been left stranded on a North Sea Ensco 102 rig when discovered that the helicopter, that was supposed to fly them home, is leaking fluid. Saipem bags two FPSO contracts in Brazil and Angola Saipem has [&
VIDEO: Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat, Dockwise, a wholly-owned subsidiary of Royal Boskalis Westminster N.V., provides…Read more LPG Tanker Attacked by Pirates of
Boskalis Consortium Bags Singapore Port Expansion Contract Royal Boskalis Westminster N.V. (Boskalis) has in consortium been awarded work associated with the expansion of the Singapore Tuas Mega Port development. Experts Doubt Panama Canal Expansion Will Be “Game Changer” The expansion of the Pana
Israel’s biggest cargo shipping company ZIM announced the completion of its comprehensive debt restructuring, following 18 months of intensive negotiations with all of the company’s creditors. Israel Corporation’s investment of $200 million of new equity in return for 32% of the shares in ZIM has
The expansion of the Panama Canal to accommodate a new generation of huge cargo ships is not likely to be “a game changer” for United States ports, John Reinhart, the CEO and executive director of the Virginia Port Authority, told an international audience of maritime economists in Norfolk on Wednes
The first foreign cargo is about to berth at Iran’s Shahid Rajaee Port, marking the port’s official comeback to providing of international container services, after lifting of EU sanctions against the port’s operator Tidewater Middle East Company, Fars news agency reports. The cargo will be brough
Mubadala Petroleum, an Abu Dhabi upstream oil and gas exploration and production company, has signed a cooperation agreement with the Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia. During the first half of 2014, a high level engagement took place between the U.A.E. a
Trelleborg’s offshore operation has been awarded a substantial order for its foam buoyancy systems, for the prestigious second phase development of the Shah Deniz field offshore Azerbaijan. Contracted by oil and gas company, BP, Trelleborg will supply a buoyancy package; filled with its high tempera
Global port operator DP World has renegotiated its loan securing more favourable terms regarding both the amount and lifespan. Namely, the Dubai-based company has signed a five-year loan facility worth a $3 billion, which replaces the existing $1 billion deal due for maturity in 2018, Reuters cite
The threat to the marine sector – from malicious attacks on systems and organisations via information technology – is real, Bernard Twomey and Jonathan Earthy of Lloyd’s Register Marine explained while addressing the London Joint Hull Committee on Monday. According to them, cyber losses may also b
