News
Spotted: Busiest Day for Port of Ayr
Associated British Ports’ (ABP) Port of Ayr has recorded one of its busiest days in the last 25 years, with five vessels calling at this port on August 18, 2016. Each of the five ships was accommodating different cargoes such as onshore wind turbine components, coal exports and timber discharge. Acc
Report: DSME delivers Deepwater Conqueror drillship to Transocean
South Korea’s offshore rig builder Daewoo Shipbuilding Marine & Engineering has reportedly delivered a drillship to Transocean, one of the world’s largest offshore drilling contractors. According to Pulse, a South Korean business news website, DSME on Wednesday said it delivered the DSME-12000 type
Terminal Congestion Increased Pollution at POLB in 2015
Pollution around the Californian Port of Long Beach (POLB) has been reduced over the last decade, however, terminal congestion in the first quarter of 2015 impacted air quality last year, according to the latest study released by the port. The 2015 annual inventory of port-related air emissions foun
Canadian LNG exports could curb global GHG emissions in certain cases, report says
A report by the C.D. Howe Institute shows that liquefied natural gas exports from Canada could help reduce global greenhouse gas emission by displacing coal as a power source in coal-dependent countries.
Government of Gibraltar dismisses GSD’s LNG project opposition
The government of Gibraltar on Tuesday squashed the opposition by the Gibraltar Social Democrats (GSD) on the liquefied natural gas project.
Russia’s Gazprom says “largely unaffected” by Western sanctions
State-owned gas giant Gazprom said Tuesday it has not been significantly affected by the imposed Western sanctions over Russia’s role in Ukraine’s crisis. The Western sanctions have left Gazprom “largely unaffected, including with respect to the execution and extension of existing contracts and the
Anadarko reorganizes management
Woodlands-based Anadarko on Tuesday informed it has made several changes to its leadership team.
Maersk sheds two more offshore vessels
Maersk Supply Service has sold two anchor handlers, the Maersk Puncher and Maersk Provider, as part of its divestment plan to shed as much as 20 vessels in the next year and a half. Offshore Energy Today has already reported on Maersk Supply Service’s plan to cut its fleet vessels and axe more than
The importance of risk analysis
Being an expert in any industry is a great responsibility. Being an expert in assessing the risk of potentially dangerous situations in an industry is an even greater responsibility. It is not only financial investments that rely on expert advice, lives also depend upon the policies and decisions ma
Drewry: VLGC Rates Under Pressure amid US Cargo Cancellations
A wave of cargo cancellations from the US is putting additional pressure on Very Large Gas Carrier (VLGC) rates, which were previously lowered amid excessive fleet growth and weak arbitrate opportunities caused by low LPG prices, according to shipping consultancy Drewry. Three cargoes from US export
Scotland Gets New Design Engineering Provider
Envision Engineering & Design (Envision), a company that delivers design engineering solutions to, among others, marine renewable energy sector, has been established in Thurso, Caithness, Scotland. The company has been set up by Mechanical Engineer Liam Sutherland and Mechanical Designer Stuart Ande
Ports of Auckland Handles Less in 2015/2016
New Zealand’s Ports of Auckland Limited (POAL) recorded a 6.7% decrease in its container volumes in the 2015/2016 financial year, which stood at 907,099 TEUs, due to the overcapacity in the container industry that has led to a reorganization of shipping services internationally. According to Tony Gi
State to take over control of giant Alaska LNG project
The Alaska Gasline Development Corp, owned by the state of Alaska, said it plans to assume full management of the $45 billion-plus Alaska LNG Project by the end of this year. The facility to be constructed on the eastern shore of Cook Inlet on the Kenai Peninsula would receive gas via an 800-mile pi
Statoil stepping up efficiency game
Norwegian oil and gas giant Statoil is stepping up is efficiency improvement efforts, aiming at an efficiency potential of 600 man-years over the next three years in the offshore part of its business. Asked by Offshore Energy Today if this means more layoffs, Statoil’s spokesperson Morten Eek said t