News
Ukrainian Shipping Company to Accept Bitcoin?
Digitalization seems to be ushering in a new era in all segments of the shipping industry, including payment in cryptocurrency. Namely, a Ukrainian shipping company Varamar, is reportedly negotiating its first bitcoin deal with a client, Bloomberg writes citing Alexander Varvarenko, founder of the O
Dutch Consortium to Study Autonomous Shipping
A Dutch consortium of nearly 20 partners has launched a Joint Industry Project (JIP) to study and demonstrate the technical possibilities for autonomous shipping. Announced in the framework of the Smart Shipping Challenge 2017, which started on November 30, the two-year applied research programme is
Report: ConocoPhillips hires UMW’s jack-up rig
Oil and gas major ConocoPhillips has reportedly hired a jack-up drilling rig from Malaysian offshore driller UMW Oil & Gas.
Australia: 56-year-old worker dies at Ichthys construction site
A 56-year-old worker died at Inpex’s Ichthys construction site in Bladin Point on Wednesday night.
Novatek, Total and Siemens in Vietnam LNG deal
Russia’s largest independent gas producer and LNG developer, Novatek said on Friday it signed a memorandum of understanding with French oil and gas major Total and German engineering giant Siemens. Under the memorandum, the companies will pursue opportunities to collaborate on LNG sales and to devel
NOVELTIS rolls out free tidal assessment tool
French-based company NOVELTIS has launched a free worldwide decision support tool dubbed TidEA that helps identify the most appropriate sites for tidal energy project development.
Optimism is returning to UK North Sea industry, report says
Optimism is returning in the UK Continental Shelf, and the bottom has been called on the oil industry downturn
Deepwater Wind Preparing South Fork OWF Applications, Opens Office in New York
Deepwater Wind is currently preparing to submit more than 20 local, state and federal applications for its South Fork offshore wind farm in early 2018 and has now opened an office in East Hampton, New York, to support the development of the project, according to U.S. media.
Dredging Seminar Held in Cape Town
Damen Shipyards Cape Town (DSCT) welcomed on Thursday, November 23rd over 50 invitees from across the Southern African dredging sector to its yard in the Port of Cape Town for a one-day seminar on dredging. The guest list included representatives from a wide range of companies with an interest in dr
ECSA: Shipping Companies of All Sizes Need Equal Access to Financing
A level playing field should be created for both small and bigger shipping companies with respect to accessing EU funding, the European shipowners told the European Commission. “The Commission should make sure that small and bigger shipping companies would have the same opportunity to receive fundin
ReCAAP: Number of Asian Piracy Incidents Drops Further
A total of 60 incidents were reported in Asia during January-October 2017, representing the lowest number in the 10-year reporting period, piracy watchdog ReCAAP said. Out of the total number, 51 were actual incidents and nine were attempted incidents. Compared to January-October 2016, there was a 9
OPERA releases wave of data for Bimep site
The EU-funded OPERA project has published wave resource data collected at MARMOK-5 wave energy device’s demonstration site at the Biscay Marine Energy Platform (Bimep).
Irish Continental Group Agrees New Financing Deals
Ireland’s maritime transportation group Irish Continental Group (ICG) revealed it has concluded a new suite of financing agreements. As explained, the deals have been inked after the group’s existing debt facilities matured. These include a five-year multicurrency revolving credit facility provided
Gallery: Dominion’s Cove Point LNG 99.3 percent done
Dominion Energy said the construction of its Cove Point liquefaction and export project near Lusby, Maryland is 99.3 percent done.