News
MSI: Strong Dry Bulk Market May Not Persist in 2H
Although the recovery of bulk carrier earnings has fired sale and purchase activity, values and new orders, market faces an uncertain outlook for the balance of the year, according to research and consultancy firm Maritime Strategies International (MSI). MSI has forecast a positive short-term outloo
Safety body probes construction of Martin Linge production platform
Norway’s offshore safety body, the Petroleum Safety Authority (PSA), has found one non-conformity and several improvement points during a probe of the construction site for Total’s Martin Linge production platform. The offshore safety agency said on Tuesday that the non-conformity was linked to the
Oil falls after failed North Korean missile test, U.S. rig count gains
By Aaron Sheldrick TOKYO (Reuters) – Crude oil fell on Monday in quiet trading after the three-day Easter break on signs the United States is continuing to add output, undermining OPEC efforts to support prices, and as the market digested North Korea’s failed missile launch on Sunday. Benchmark Bren
Popular news, April 10 – 16, 2017
Popular news, April 10 – 16, 2017
China invites bids for 22 offshore blocks
China has invited international oil companies to bid for offshore blocks in the South China Sea this year. According to a statement by China National Offshore Oil Company (CNOOC), in 2017, 22 open blocks covering an area of 47,270 square kilometers are available for cooperation between CNOOC and the
Poland set to receive Qatari LNG cargo
Polish LNG terminal in Swinoujscie, named President Lech Kaczyński is scheduled to receive a cargo of liquefied natural gas from Qatar next week.
Gothenburg Cruise Season Kicks Off
The arrival of cruise ship AIDAcara has marked the beginning of a new cruise season at the Swedish Port of Gothenburg. The 193-meter-long vessel berthed at the Frihamnen cruise terminal in the morning hours of April 14, the vessel’s AIS data shows. A total of 44 cruise ships, carrying 60,000 passeng
The Dutch Are Updating Their Maritime Guide
The Maritime Holland Business Guide is getting an update before the end of 2017, the chief editor of the guide revealed. The new edition is part of the aim to maintain and strengthen the firm maritime presence the Dutch have internationally. The first version from 2016 received much praise as a hand
Descalzi gets new three-year term as Eni’s CEO
At the company’s annual meeting, Eni of Italy has named its board of directors for the new term of three financial years with Claudio Descalzi being named the company’s president and CEO.
Euronav’s Tanker Runs Aground, Crew Safe
Euronav’s crude oil tanker M/T Alex ran aground on Wednesday, April 12th on a soft mud bottom while sailing between Borneo and Sumatra on its way to Ningbo, China. According to the ship’s managers, Euronav Ship Management, the 299,446 DWT vessel was laden when it got grounded. “No injuries or pollut
BP’s onshore compression project in Trinidad and Tobago starts up
UK-based energy giant and LNG player BP said its Trinidad and Tobago unit started up the Trinidad onshore compression (TROC) project providing additional volumes for Atlantic LNG plant.
Prysmian to Produce 33kV, 66kV Subsea Cable Cores in Wrexham
Prysmian has enabled its UK production facility in Wrexham, UK, to manufacture both 33 kV and 66 kV submarine cable cores used for the inter-array cable connections in offshore wind farms.
Prysmian to Produce 33kV, 66kV Subsea Cable Cores in Wrexham
Prysmian has enabled its UK production facility in Wrexham, UK, to manufacture both 33 kV and 66 kV submarine cable cores used for the inter-array cable connections in offshore wind farms.
KBR scores Chevron contract
Houston-based LNG engineer KBR has signed a deal with Chevron to provide services for the energy giant in multiple global locations. Under the ten-year master contract, KBR’s engineering offices in various global locations could provide Chevron with engineering and procurement services across all ph