News
May Containerized Exports Looking Healthier across US West Coast
The Northwest Seaport Alliance’s (NWSA) volumes recovered in May after last year’s unusual trade patterns during contract negotiations. Full containerized exports continued to recover, growing 12 percent year to date to 382,295 TEUs. Full imports are flat at year to date at 520,215 TEUs. Imports hav
EU: Free Passage Through South China Sea Is Paramount
Due to the large volume of international maritime trade passing through the South China Sea, the European Commission said that freedom of navigation and overflight must remain in the area. As China continues constructing islands in the area, the EU expressed its concerns about the situation in the E
BIMCO Covers Shipping Contract Novation Loopholes
BIMCO has published three standard novation agreements that provide a legal framework to change one of the original parties to a contract. Corporate changes such as restructuring, sale of a company or sale of part of a company’s interests may make it necessary to replace an original contracting part
Noble, Delek asked to commit to Dolphin development
Israel’s Delek Group has informed that it has been given until August 1 to provide a final commitment to developing the Hanna block in the Mediterranean Sea, containing the Dolphin natural gas reservoir. The company said on Wednesday that Israel’s Petroleum Commissioner has filed the request in resp
Incident probe on Statoil’s Visund finds well barrier breaches
Norway’s offshore security watchdog, the Petroleum Safety Authority (PSA), has identified multiple regulation breaches during its investigation of the well-control incident at Statoil’s Visund A platform in the Norwegian North Sea. Statoil, who is the operator of the Visund field, shut down producti
Atlas Finds Two Race Bank Site Technicians in Grimsby
Two candidates have signed contracts with Atlas Professionals for DONG Energy’s Race Bank offshore wind farm, where they will be working as Site Technicians on rotation for two years. In April, Atlas hosted an offshore wind recruitment day on behalf of DONG Energy at the Grimsby Institute in the UK,
Denmark Loses One Kriegers Flak Bidder
A consortium comprising German companies wpd and Stadtwerke München and Danish HOFOR, set up to bid for the development of Kriegers Flak offshore wind farm, has withdrawn from the bidding process, according to the national media and Danish Wind Industry Association (DWIA). The consortium has reporte
India’s May LNG imports up 43.4 pct
India’s imports of liquefied natural gas rose 43.4 percent in May as the country is continuing to enjoy low prices of the chilled fuel. India imported 2,082 million metric standard cubic metres (mmscm) of LNG in May compared with 1,452 mmscm in the same month last year, according to the data from oi
Investigation launched after fire breaks out on North Sea platform
An investigation has been launched after a fire broke out on CNR International’s offshore platform Ninian South located in the UK sector of the North Sea. Following reports of a fire on the North Sea platform, Offshore Energy Today reached out to the field operator seeking confirmation and further d
Fire Erupts in Venezia Porto Marghera
Venetian firefighters were called to intervene after a fifteen-meter-high crane caught fire in the port area of Porto Marghera at around 9:30 PM local time Wednesday, according to the Department of firefighters, public rescue and civil defense. The fire quickly engulfed the crane, however, the opera
SE Asian Countries Join Forces to Stop Kidnappings
In an effort to deal with the rising number of kidnappings and pirate attacks in the Southeast Asia, the Philippines, Indonesia and Malaysia have joined forces to decrease security risks in the area, according to the Philippine Department of National Defense. In a meeting held on Monday, the parties
Cheniere: works on Sabine Pass Train 2 progressing
U.S. LNG export player Cheniere is moving forward with the construction of the second train at its Sabine Pass liquefaction plant in Lousiana.
Noble given go ahead for Leviathan platform FEED deal
Leviathan partners, Delek Drilling and Avner Oil Exploration have authorized Noble Energy, the operator of the Leviathan project to enter into a front end engineering design contract (FEED) for the production platform for the field.
Finnish LNG-powered icebreaker bunkers at Vuosaari Harbour
Finnish LNG-powered icebreaker Polaris, recently bunkered liquefied natural gas at Helsinki’s Vuosaari Harbour before setting off for its first sea trial on LNG, Skangas said.