News
Norway’s monthly oil output down 8 pct YOY
Norway’s government agency in charge of managing the oil and gas resources, the Norwegian Petroleum Directorate (NPD), has informed that the country’s oil production in June 2016 was 8 pct lower compared to the same period last year. According to the NPD, preliminary production figures for June 2016
U.S. Court Puts Restrictions on Navy’s LFA Sonar Use
The Ninth Circuit court ruled on Friday that the National Marine Fisheries Service (NMFS) had illegally approved a permit authorizing the Navy to use its long-range sonar, called low-frequency active sonar (or LFA), in more than 70 percent of the world’s oceans. The case against the Fisheries Servic
Romica and Its Partner Get DNV GL Accreditation
UK winch maker Romica is to ‘redouble its exports drive’ after its Romania-based manufacturing partner acquired accreditation with DNV GL. Romica is owned and run by Bob Turner and works in partnership with TIE Services International SRL, based in Satu Mare, Romania. “Romica and TIE work in partners
Natuur&Milieu, Eneco Call for Further 700MW of Offshore Wind in the Netherlands
Investing in a package containing offshore wind, sun and bioheat is almost EUR 1 billion cheaper for Dutch consumers than biomass co-firing, according to a report commissioned by Nature & Environment (Natuur & Milieu) and Eneco, which called on the Dutch government for an additional 700MW of offshor
Port of Marseille Fos Almost Ready for Mega Cruise Ships
Two main construction projects in the Marseille harbour area of French port Marseille Fos are nearing completion, following the final stage in works costing almost EUR 64 million (USD 70.8 million) that will cater for mega cruise ships. Within the construction project, the Passe Nord port entrance w
Saipem-led consortium seeking $49 mln from Polskie LNG
Polskie LNG, the operator of the first Polish LNG terminal in Swinoujscie has been requested to pay additional US$49 million to the Saipem-led consortium that built the terminal.
India, US to Boost Maritime Ties
India and the United States are to deepen the scope of cooperation in the maritime sector, with the American ports expressing interest in port-led development on the sub-continent, especially in the Sagarmala program aimed at modernizing the country’s ports, India’s Ministry of Shipping said. 150 pr
Alaskan Governor picks ex-Apache man for chief oil and gas advisor
Alaskan Governor Bill Walker has announced the appointment of John Hendrix as his chief oil and gas advisor. The Governor’s Office said in a press release on Monday that, before Hendrix’s appointment to this newly created Cabinet-level position, he worked as General Manager of Apache Alaska. Hendrix
BMO Offshore Presents CTV Engine Monitoring
BMO Offshore has introduced engine monitoring for Crew Transfer Vessels (CTVs), which brings vessel motion, behavior and fuel figures together. Additionally, the data can be used for fleet management and maintenance planning, the company said. CTV motion monitoring systems enable recording of inform
Update: Sabine Pass LNG set for maintenance in September
U.S. LNG export player Cheniere will shut down its Sabine Pass liquefied natural gas export facility in Lousiana during September for scheduled maintenance.
Infographic: World’s Container Shipping Alliances
The infographic below, published by Oslo-based benchmarking and market intelligence platform for containerized ocean freight Xeneta, shows current shipping alliances as well as upcoming alliance reorganizations. As of 18 July 2016, the world’s shipping alliances include the 2M alliance (Maersk and M
Enagas net profit inches up
Spanish LNG terminal operator, Enagás posted a net profit of €214 million ($237 million) in the first half of this year, 0.5% higher than the figure recorded for the same period last year. This increase was mainly due to the acquisitions of the Sagunto and Bilbao regasification plants as well as Swe
Port of Oakland Posts Improved 1H Results
US Port of Oakland recorded an increase in its total cargo volumes by six percent in the period between January and June this year, compared to the same period last year. The port’s terminals handled 1,152,608 TEUs in the first half of this year, compared to 1,087,417 TEUs in 2015. When looking at f
Tokyo Gas June sales flat
Total gas sales by Japan’s Tokyo Gas remained almost flat during June reaching about 1,112.15 million cubic meters, a rise of only 0.6 percent compared to June 2015.