The 160,400 cbm carrier Soyo LNG reached a milestone by clocking in four years without any lost time injury (LTI). A special effort into marking the milestone was made by the crew of the vessel as the image shows. Soyo LNG is jointly owned by NYK LNG (Atlantic) (33%), Mitsui (34%), and Teekay (33%).
Pakistan’s Ambassador to Tehran Noor Muhammad Jadmani said third parties are more serious to finance pipe-laying costs in Pakistan to import gas from neighboring Iran following the nuclear agreement between Tehran and P5+1 group of world powers.
Impending fleet growth is expected to reduce the product tanker market’s earnings over the medium term impacting the healthy returns the market enjoyed in recent years, according to Drewry’s Product Tanker Market Annual Report 2015. The widespread switching of trade by product/chemical tankers (swin
Impending fleet growth is expected to reduce the product tanker market’s earnings over the medium term impacting the healthy returns the market enjoyed in recent years, according to Drewry’s Product Tanker Market Annual Report 2015. The widespread switching of trade by product/chemical tankers (swin
Idling of containerships across the global fleet has soared to new high in 2015 reaching 500,00 TEU capacity mark, according to the latest data provided by market analyst Alphaliner. The increased idleness of containerships across the board has been attributed to softening of charter rates that cont
Idling of containerships across the global fleet has soared to new high in 2015 reaching 500,00 TEU capacity mark, according to the latest data provided by market analyst Alphaliner. The increased idleness of containerships across the board has been attributed to softening of charter rates that cont
French seismic company CGG has completed the acquisition of a 3D seismic survey over the Hail and Shuweihat oil and gas fields in the Emirate of Abu Dhabi. The fields are located in a UNESCO World Heritage site. The survey, CGG conducted with the support of its Seabed Geosolutions joint venture with
Iran has held talks with the UAE, Kuwait, Bahrain, and Oman for sales of natural gas, managing director of the National Iranian Gas Exports Company Ali Reza Kameli said, adding exports to neighboring Iraq will begin soon.
Energy-hungry Pakistan has received nine cargoes of LNG since it started importing the chilled gas in March this year.
Seismic specialist Polarcus has signed a contract a non-exclusive broadband 3D marine seismic project offshore Brazil. According to Polarcus, the project with an undisclosed client is expected to be approximately four months. Polarcus did not disclose financial details of the contract The dual azimu
Iran’s gas transmission capacity to neighboring countries has increased with the launching of Tabriz’s pressure booster facility, in East Azarbaijan province.
Damen Shipyards Group has delivered a Damen Fast Crew Supplier (FCS) 2610 workboat, named AOS SWIFT for the Atlantic Maritime Group to be used for passenger and crew transfer to offshore platforms in the Strait of Hormuz. According to Damen, the delivery took place on August 20, 2015. The Dutch ship
Eni’s giant gas discovery made offshore Egypt could hurt Israeli gas exports, Israeli Energy Minister Yuval Steinitz said on Sunday, according to Reuters. After months of delays, Israeli cabinet recently approved a draft plan for Noble Energy and Delek to develop the giant Leviathan field offshore I
An Iranian fishing dhow and its crew members managed to escape from Somali pirates after being held hostage for five months, maritime piracy experts from Ocean Beyond Piracy informed. Namely, the crew managed to slip the moorings of its fishing vessel, the Jaber, on Thursday, August 27th, thus fleei
