News
Photos: Spanish Bulker Hit by Engine Room Fire
A fire broke out on board a Spanish-flagged bulk carrier Bahia de Alcudia on Monday, September 11 while the ship was in the Port of Tarragona, Spain. The fire, which erupted in one of the boiler’s in the ship’s engine room, was extinguished by Spanish Maritime Safety Agency on the same day, the agen
Shipboard Connectivity Still Insufficient for Big Data Revolution?
Is the shipping industry ready for the big data revolution when more than 70% of the world fleet is still using L-Band? This question was raised by Malcolm McMaster, Globecomm Maritime President, while speaking at the International Shipowning and Shipmanagement Summit on the opening day of London In
Alaska LNG export project wraps up capacity solicitation
The state-owned Alaska Gasline Development Corporation (AGDC) said it took a step forward in the development of its planned $40 billion LNG export project with the completion of the project’s capacity solicitation process. Alaska LNG project has three major components, a gas treatment plant located
Harvey Aftermath: Over 50 Oil Tankers Waiting off Texas Ports
Some 54 oil vessels are left stranded off Texas ports which have been forced to shut down operations due to the impact of the Hurricane Harvey, the latest figures from the US Department of Energy show. Three weeks after the hurricane, the glut has seen the number of oil tankers waiting in anchorage
E.ON Books VOS Stone for Arkona Offshore Wind Project
E.ON AG has contracted Vroon’s subsea-support walk-to-work vessel VOS Stone for logistics support and offshore accommodation at the 385MW Arkona offshore wind farm in the German Baltic Sea.
Probe launched after fire at Indonesian shipyard takes five lives
An investigation has been launched after a fire at a shipyard in Indonesia took the lives of five workers and left one worker injured. ASL Marine Holdings, a Singapore-based integrated marine company with a focus on shipbuilding and repair, informed on Saturday, September 9 that an incident involvin
UK watchdog approves Wood Group-Amec Foster Wheeler merger
The UK’s competition watchdog has approved Wood Group’s 2.2 billion pounds purchase of London-based LNG engineer Amec Foster Wheeler. This follows the Competition and Markets Authority’s in principle acceptance on 15 August. The watchdog said that Wood Group’s offer to sell almost all of Amec’s Nort
IMMLA Creates a Window to Blockchain Logistics Future
By Mark Graigham of IMMLA In the nearest days IMMLA (International multimodal logistics application on the basis of the blockchain platform) is launching ICO. It starts on September 15th. IMMLA is an international multimodal logistics application based on the Ethereum blockchain. IMMLA mission is a
Alphaliner: No Room for Overcapacity Fears from New ULCVs
The fresh overcapacity fears in Asia-North Europe trade, sparked by the rumored new orders for Ultra Large Container Vessels (ULCV) of 22,000 TEU, seem to be unfounded. Namely, according to Alphaliner’s estimates, the newbuildings of 14,000-22,000 TEU that are to be introduced will only increase Asi
Anadarko returns staff to Gulf of Mexico as Irma subsides
U.S. oil and gas company Anadarko has sent its staff back to offshore facilities in the Gulf of Mexico as Hurricane Irma weakened to a tropical depression. Anadarko evacuated its offshore personnel from the Horn Mountain and Marlin platform in the Gulf of Mexico on Sunday. The oil company reported o
AG&P appoints new finance head
Atlantic, Gulf and Pacific (AG&P), the Philippines-based LNG solutions provider, has appointed Abhilesh Gupta as its global chief financial officer and commercial head. Abhilesh will spearhead the expansion of the company in India and beyond, with a focus on connecting off-grid customers across the
Matt Schatzman joins US LNG developer NextDecade
US liquefied natural gas (LNG) export player, NextDecade appointed Matt Schatzman as the company’s new president. In this newly created position, Schatzman will report to chief executive Kathleen Eisbrenner and will strengthen NextDecade’s management team as it works towards final investment decisio
Air Products in China move
US-based LNG equipment maker, Air Products has signed an agreement to form a $1.3 billion joint venture with Lu’An Clean Energy Company. The new JV, to be called Air Products Lu’an (Changzhi) Co., Ltd., will expand Air Products’ scope of supply serving Lu’An Mining (Group) Co., Ltd.’s syngas-to-liqu
ABS grants AIP for Hyundai Heavy’s FLNG hull
The American Bureau of Shipping has granted approval in principle to Hyundai Heavy Industries floating liquefied natural gas (FLNG) hull design. ABS and the South Korean shipbuilding giant collaborated with the objective of developing a technically feasible and class compliant FLNG hull design, usin