News
Jan Chadam resigns from Polskie LNG
Gaz-System, the Polish gas transmission operator said that Jan Chadam resigned from his position as the president of the management board of Polskie LNG.
Drewry: Carriers Adapt to Oversupplied Market
In an oversupplied market carriers have proved to be fairly adept in manoeuvring capacity around, creating fertile conditions for rate increases, according to shipping consultancy Drewry. After five months of 2017 Drewry’s Global Freight Rate Index stands 37% higher than it was in the same period la
ABS opens technology center in Greece
American Bureau of Shipping (ABS) opened its Global Ship Systems Center and established a Hellenic technical committee in Athens.
Azerbaijan’s energy minister dies due to heart problems
Azerbaijan’s Energy Minister Natiq Aliyev died in a Turkish hospital last week after experiencing heart problems. The Azerbaijani authorities said last week that Aliyev died several days after being transferred to the Florence Nightingale Clinic in Istanbul where he was being treated. Initially, he
The Vision of Jan Kees Pilaar
The yard Damen Shiprepair Rotterdam is located next to the river the Nieuwe Maas. The area, part of the Port of Rotterdam, can be seen as the holy ground for shiprepair in the Netherlands. Since 1929, when the shipyard named Wilton-Fijenoord opened its doors, countless vessels have found their way t
Popular news, June 5 – 11, 2017
The most popular articles of the week.
Top News of the Week, 05 – 11 June 2017
MHI Vestas Launches 9.5 MW Offshore Wind Turbine MHI Vestas Offshore Wind has launched the V164-9.5 MW wind turbine to re-affirm the company’s drive to lower the cost of energy for offshore wind. Study: Jack-Up Free Turbine Installation and Maintenance Makes SENSE A new wind turbine installation and
Novatek secures another Gydan Peninsula exploration licence
Russia’s Novatek, the developer of the giant Yamal LNG project, has obtained the right to explore a new area on the Gydan Peninsula in the Arctic. Novatek’s unit Arctic LNG-1 won the bid for a geological survey, exploration and hydrocarbons production license for the Gydanskiy subsoil area for a ter
Gabadi, AJH open LNG joint venture in China
Spanish company Gabadi and its Chinese partner, AojiHeng Offshore Engineering (AJH) have opened their joint venture, Gabadi Marine Engineering in Pudong, Shanghai.
UK Detains Three Foreign Flagged Ships in May
Three foreign flagged ships were detained in UK ports during May 2017 after they failed Port State Control (PSC) inspection, the country’s Maritime and Coastguard Agency (MCA) said. The vessels in question are Ocean Nova, Gann and Ana M. The Bahamas-flagged passenger ship Ocean Nova was arrested at
Oil prices resume slide as supply glut prevails
By Christopher Johnson LONDON (Reuters) – Oil prices resumed a downtrend on Friday following steep falls earlier in the week, pressured by widespread evidence of a fuel glut despite efforts led by OPEC to tighten the market. Brent crude oil was down 20 cents at $47.66 a barrel by 0820 GMT, around 12
T&E: US Pull-Out from Paris Accord Could Hinder Progress in Shipping
Reacting to US President Donald Trump’s decision to withdraw the US from the Paris climate accord, the EU and China have agreed to cooperate to ensure shipping plays its part in tackling climate change. However, there is a worrying sentiment within the shipping industry that the US withdrawal will s
Edison says in talks to sell its stake in Italy’s Adriatic LNG
Italian utility Edison confirmed Friday it was in discussions to sell its stake in the Adriatic LNG terminal located offshore Italy, in the northern Adriatic Sea. The Italian company owned by France’s EDF responded to recent media reports saying that it was in talks to sell its stake in Adriatic LNG
Three companies book capacity at Lithuanian LNG terminal
Klaipedos Nafta, the operator of Lithuania’s first LNG import terminal, signed contracts with three terminal users that have allocated part of the capacity before the start of new gas year.