News
SE Asian Countries Reach Deal on Maritime Security
Three Southeast Asian countries, the Philippines, Indonesia and Malaysia, have reached an agreement for trilateral maritime cooperation to launch joint sea patrols in regional waters in an effort to deal with the rising number of kidnappings and pirate attacks, according to the Jakarta Post. Under t
Singapore Exchange prepares formal offer to buy UK’s Baltic Exchange
By Anshuman Daga and Jonathan Saul SINGAPORE/LONDON (Reuters) – Singapore Exchange Ltd (SGX) is readying a formal offer to buy London’s Baltic Exchange following months of discussions that culminated in exclusive talks between both parties, sources familiar with the matter said on Tuesday. Founded i
Drewry: MR Charter Rates to Drop amid Falling Freight Rates
Time charter rates in the smaller chemical tanker vessel sizes are expected to remain stable over the next two years, but rates for the larger sizes, especially Medium Range tankers (MRs), will decline due to the impact of falling freight rates for clean petroleum products (CPP), shipping consultanc
Korean Register Expands Its BWMS Testing Facilities
The Korean Register of Shipping (KR), a member of the International Association of Classification Societies (IACS), has expanded its land-based test facilities for Ballast Water Management System (BWMS). “Manufacturers who have already secured BWMS type approval from their administrations or have de
All Dudgeon Foundations In Place
Seaway Heavy Lifting’s Oleg Strashnov has installed the last of the 67 foundations for the Dudgeon offshore wind farm, Statoil, the owner, developer and future operator of the wind farm, reports. Oleg Strashnov carried out the inshore loading, transportation and installation of the monopile foundati
Photo of the Day: First US Offshore Wind Turbine Taking Shape
Deepwater Wind, the developer of the first offshore wind farm in US waters, the 30MW Block Island, shared a photo of the jack-up installation vessel Brave Tern easing into place first tower sections onto one of the wind farm’s five foundations. There is just one more tower section to be mounted on t
LNG Limited’s Bear Paw wins approval to build gas pipeline
Bear Paw Pipeline, a unit of Australia-based LNG Limited, has received Nova Scotia Utility and Review Board approval to construct a 62.5 km natural gas pipeline from Goldboro to the proposed Bear Head LNG export facility in Canada. Bear Paw would interconnect the Maritimes and Northeast Pipeline (M&
Amec Foster Wheeler names chief information officer
LNG engineer Amec Foster Wheeler said Wednesday it has appointed Rod Carr to the newly created position of chief information officer with effect from 2 August. Based in London, UK, and reporting to Jonathan Lewis, CEO of Amec Foster Wheeler, Carr will be a member of the company’s leadership team, Am
Total brings Bolivia’s Incahuasi gas field online
French gas and oil major Total said Wednesday it has started production at the Incahuasi gas and condensate field in Bolivia, bringing on stream 50,000 barrels of oil equivalent per day. “Incahuasi is one of the largest gas and condensate fields brought on stream in Bolivia. Incahuasi’s production w
Offshore safety body looks into Total’s Martin Linge development
Norway’s offshore safety body, the Petroleum Safety Authority (PSA), has found several non-conformities and improvement points during the audit of Total’s Martin Linge development, offshore Norway. Total E&P Norge (Total) is the operator of the Martin Linge field, located near the British part of th
Sabine Pass Train 2 produces first LNG, Genscape says
The second train at Cheniere’s Sabine pass liquefaction and export plant in Louisiana has started producing liquefied natural gas, according to analytics firm Genscape, that has infrared cameras pointed at the facility. “Genscape’s IR cameras witnessed the methane stacks come online with the increas
Cobalt’s sale of Angola blocks to Sonangol ‘unlikely to close’
Cobalt International Energy has informed it is unlikely that its sale agreement with Sonangol for two blocks offshore Angola will close. The deal, worth $1.75 billion, according to which Sonangol was to acquire all of Cobalt’s 40% participating interest in Blocks 21/09 and 20/11 was made in August 2
Houston Ship Channel Closed Due to Debris Removal Ops
The Houston Ship Channel is temporarily closed due to debris removal operations being conducted in the area, the Vessel Transit Service (VTS) for Houston and Galveston reported. Namely, the Captain of the Port (COTP) Houston/Galveston established a Safety Zone extending 500 feet on either side of th
Dunkirk LNG postpones 2nd commissioning cargo
France’s Dunkirk LNG terminal said Tuesday it has postponed its second commissioning cargo after an incident last week which led to the evacuation of the terminal’s workers. The arrival of the second commissioning cargo “initially planned on August 7th, is postponed to the first half of September,”