News
Hong Kong Marks First Sub-20 Million TEU Year Since 2002
Annual container volumes at the Port of Hong Kong have fallen below 20 million TEU for the first time in thirteen years when the port saw 19.1 million TEU in 2002. The port handled 19.58 million TEU in 2016 despite a strong finish in December which saw 1.8 million TEU, a 14.3 percent increase compar
Bulker Halts Traffic in Elbe River
A Capesize bulk carrier blocked vessel traffic in the Elbe River, Germany, after it suffered an engine damage in the morning hours of January 17, 2017, Waterways and Shipping Office Hamburg (Wasserstraßen- und Schifffahrtsamt) informed. The 180,100 dwt Cape Leonidas restricted the traffic to and fro
Port of Gothenburg sees increase in LNG-fueled ship traffic in 2016
The number of ships receiving an environmental discount on port charges at the Port of Gothenburg increased 83 percent in 2016 compared to the previous year.
One Dead, Six Missing After Two Cargo Ships Sink off Philippines
One crewman died and six have been reported as missing following the sinking of two cargo vessels off the Philippines on Tuesday, January 17, the Philippine Coast Guard (PCG) reports. The first vessel, M/V Virgina 1, was en route to Roxas, Palawan from Delpan Pier, Binondo, Manila with eleven crew o
Update: Vessel Traffic Partially Resumes at Izmit Bay
Vessel traffic has resumed at Izmit Bay in Turkey for some terminals only and other areas remain restricted, following a stoppage due to the fuel oil spill on January 13, 2017, GAC said. As previously informed, the source of the spill was a leak at one of the shore tanks at Poliport Terminal. “Due t
Israel’s Edeltech to buy more Leviathan gas
The partners in the Leviathan gas field offshore Israel have entered talks to supply 14.8 billion cubic metres (bcm) of natural gas over 17 years to local electricity producer Edeltech. The parties signed a non-binding letter of intent with the aim to negotiate a binding agreement, Delek Drilling an
Ulstein delivers construction vessel Island Venture (GALLERY)
Norwegian offshore shipbuilder and designer Ulstein has delivered the Island Venture offshore construction vessel (OCV) to a joint venture between Edison Chouest Offshore and Island Offshore. Ulstein delivered the vessel on Tuesday and said that it was the largest offshore construction vessel from U
EnerMech buys electrical & instrumentation specialist
Engineering services specialist EnerMech has entered the electrical and instrumentation (E&I) sector with the acquisition of EPS Group in Australia and the Americas. While the value of the deal was not disclosed, EnerMech did reveal that additional funding was provided by banking partners, Bank of S
3sun Recruiting 100+ Technicians, Former O&G Workers Welcome to Apply
3sun Group has launched a recruitment campaign looking for more than 100 new technicians to service GBP 6 million worth of new and extended offshore and onshore wind farm contracts.
Norway: New oil player to operate 13 new offshore licenses
Aker BP, a new exploration & production player in Norway, has ben offered interests in 21 new production licenses offshore Norway. Out of the 21 awarded, Aker BP will operate 13 licenses. “Aker BP achieved a very good result in this round. We are very pleased with the award, which forms the basis fo
Statoil wins big in Norwegian APA awards
In connection with the Award in Predefined Areas (APA) 2016 offered by the Norwegian government on Tuesday, Statoil has been awarded interests in 29 exploration licenses on the Norwegian continental shelf (NCS). Statoil said that out of those 29 licenses, 16 were awarded to Statoil as operator and 1
Safety probe finds irregularities at Statoil, Gassco-run facilities
Norway’s offshore safety watchdog Petroleum Safety Authority (PSA) has found irregularities during an audit of the Sture terminal and the Kollsnes processing plants in Øygarden, operated by Statoil and Gassco, respectively. From 5 to 7 December 2016, the PSA carried out audits of the operators’ foll
Petronet LNG-chartered Prachi loading Gorgon cargo
The brand new LNG carrier Prachi, chartered by India’s Petronet LNG, docked on Tuesday at the Chevron-operated Gorgon LNG plant on Barrow Island in Western Australia. The 173,000-cbm LNG carrier was delivered less than two months ago to India LNG Transport, a consortium comprising of Japan’s NYK, Mi
ACE Winches set to lay off 30 in UK
Hydraulic winches manufacturer ACE Winches is expected to lay off up to thirty workers including six apprentices at its UK facilities, citing oil industry downturn. The company said that as a result of the severity of the continued oil and gas downturn which has seen oil and gas operators significan