Green Marine
Skangas Conducts Small-Scale LNG Loading at Statoil Terminal
Scandinavian liquefied natural gas (LNG) provider Skangas has completed its first small scale liquefied natural gas (LNG) loading at the Statoil operated LNG plant at Melkøya island in Norway. The cargo of 100 GWh was delivered to Skangas’ vessel Coral Energy on October 17 on the large-scale jetty a
MOL Develops VR Tool to Prevent Onboard Accidents
Japan-based Mitsui O.S.K. Lines (MOL) has developed a mariner safety education tool goggle – using virtual reality (VR) technology – to help eliminate industrial accidents. Created by Tsumiki Seisaku, the tool relies on VR technology to replicate various training scenarios and work operations, which
Sojitz Becomes Shareholder in Spanish LNG Terminal
Japanese Sojitz Corporation has acquired Spanish First State Regasificadora (FSR), changing the company’s name to Sojitz Regasificadora (SR). SR owns a 15% stake in Regasificadora del Noroeste (Reganosa), whose assets include the LNG terminal located in Mugardos in the northwest of Spain. With this
Algoma Reaches Deal with Union, Strike Ends
Ontario-based Algoma Central Corporation has reached a tentative agreement with the navigation and engineering officers at Algoma Tankers Limited, thereby ending a strike that began on October 21. Vessels tied up as a result of the strike will commence operations as soon as arrangements are made to
ICA Revises Clearance Process of Crew, Passengers at Singapore Ports
In light of the current security climate, the Immigration & Checkpoints Authority of Singapore (ICA) has reviewed its process on the clearance of crew and passengers at Singapore ports. With effect from November 1, 2017, all passengers and seafaring crew disembarking/embarking commercial vessels ber
Towards Smarter and Greener Decommissioning
Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long aging assets can operate viably beyond their design lives. The UK Continental Shelf (UKCS) is set for a wave of large, expensive proj
Readers’ Picks of the Week (October 23-27, 2017)
Readers’ Picks of the Week (October 23-27, 2017)
Maersk Line: Digitalization Is a Must If You Want to Survive
The rise of digitalization, the Internet, cloud computing and E-commerce is starting to revolutionize the trading patterns, emerging as the true engine of the future growth of world trade. Despite technical advances and construction of ever bigger and more complex ships that have been used to improv
OOCL Handles More as Revenues Rise in Q3
Hong Kong-based container carrier Orient Overseas Container Line (OOCL) reported that its volumes and revenues continued rising during the third quarter of 2017. For the quarter ended September 30, OOCL’s total volumes were 5% up from the same period last year. During the period, the company handled
Unions Welcome Qatar’s Pledge to End Kafala System
Qatar has announced a labor reform which seeks to terminate the so-called “kafala system”, a form of indentured labor that in practice has resulted in preventing migrant workers from leaving the country by their employers. The step is being taken following the pressure from the International Trade U
Maersk Line Named ‘Container Operator of the Year’
Danish shipping company Maersk Line has been named ‘Container Operator of the Year’ at the annual Lloyd’s List Asia awards in Singapore. Maersk Line received the award for continuous network advancements, market leading digital solutions and trade finance, which allows customers to expand their busi
SIU Canada Urges Algoma Tankers to Stop Strike Breaking
The Seafarers’ International Union of Canada (SIU) has called on shipping company Algoma Tankers to “cease illegal strike breaking”. Namely, after Canadian officers commenced legal strike actions on October 21, Algoma Tankers Limited temporarily employed foreign workers in Canada. The SIU has also c
MPC Container Ships Adds Two More Boxships
Oslo-based shipping company MPC Container Ships has continued its fleet expansion with the addition of two more container vessels. The company purchased a 2,564 TEU vessel, which will be named AS Petulia, and a 1,200 TEU ship, to be named AS Frida. The two container ships were built in 2008 and 2003
Samudera Shipping Line Sells Vessel Pair
Samudera Shipping Line has disposed of two Indonesian-flagged ships, a 16-year-old oil tanker Sinar Jogya and a 12-year-old containership Sinar Padang. As informed, Sinar Jogya was sold for USD 7.9 million, while Sinar Padang fetched a price of USD 1.27 million. “The book value of the vessels is USD