At least four people died and seven are reported missing after the 48,200 DWT bulker Royal Arsenal collided with Iraqi diving support vessel Al Misbar on Saturday, August 19, while departing Umm Qasr, Iraq. Due to the strength of the impact, Al Misbar sank taking down 21 crew members with it. Ten cr
During the first six months of this year, the global container port throughput rose by 6.7 percent and the growth is on track to hit over 6 percent for the full year, a six-year high, according to Alphaliner. The estimate was made based on the survey results from over 250 ports, with a combined annu
Israel’s Delek and U.S. Noble Energy have obtained an extension to the Alon D license in the Mediterranean Sea, offshore Israel. The exploration license covers 400 square kilometers in the northern waters of Israel’s EEZ, a few kilometers east of the Karish gas field, recently bought by Energean. Ho
Over the last five years, 12 to 19 crew abandonment incidents were reported annually and 1,013 seafarers were involved in total, the International Labour Organization (ILO) told World Maritime News. Furthermore, figures from this year, as of July 31, show that 28 abandonment cases were reported, inv
Engineering and construction giant KBR, Inc. has said it has been awarded a Project Management Services (PMC) contract by OMV Offshore Abu Dhabi GmbH on behalf of Abu Dhabi National Oil Company (ADNOC) for work on a project offshore Abu Dhabi. KBR will be responsible for the management of the Front
Teekay LNG Partners said the construction of the liquefied natural gas (LNG) import terminal in Bahrain keeps progressing.
Subsea World News has put together a recap of the most interesting articles from the previous week (August 14 – August 20). BP Trinidad and Tobago (BPTT) announced first gas from the Juniper development, the fifth of BP’s seven upstream major project start-ups planned for 2017. The project is expect
Popular news, August 14 – 20, 2017 Offshore Energy Today Staff
The second quarter of the year saw a total of 32 product tankers ordered as owners rushed to quench their thirst for newbuilding tonnage amid attractive asset prices. A total of 10 Handysize vessels and 22 Middle Range (MR) tankers have been ordered along with 18 Long Range (LR) 2 vessels, which cor
World container trade appears to be back on track after two lean years, right on time for carriers that are taking delivery of big new ships, according to shipping consultancy Drewry. The recovery resulted in an upgrade to Drewry’s annual outlook for 2017, while more recent data suggests that the ou
Seafaring has been described as a vital support mechanism for the global economy by the International Maritime Organization (IMO) ahead of the Day of the Seafarer marked last July. However, seafarers across the globe still face various challenges when they venture out to sea ranging from poor commun
U.S. engineering and construction services firm KBR has entered into a memorandum of understanding (MoU) with Saudi Aramco to expand and develop its services for the Saudi oil company. KBR said on Wednesday that the deal with Saudi Aramco was in line with the Kingdom of Saudi Arabia’s localization o
Italian offshore and onshore oilfield services provider Saipem has leased a space in the Hamriyah Free Zone, UAE, in an effort to expand its services in the region. Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority (HFZA) and Sharjah Airport Free Zone (SAIF Zone) late in July signed a
Doha-based Qatar Navigation (Milaha) is shifting its regional trans-shipment hub from Dubai to the Omani port of Sohar. The move comes in times of a diplomatic crisis which erupted between Qatar and several of its Middle East neighbors in early June causing some trade disruptions. Milaha said Monday
