News
EMGS sees increase in vessel utilization
Norwegian geophysical services company Electromagnetic Geoservices (EMGS) recorded an increase in vessel utilization for the second quarter 2017 when compared to the same period last year. Namely, according to the company’s statement on Wednesday, its vessel utilization in this year’s second quarter
Marine Harvest Charters DESS Aquaculture’s Two New Wellboats
DESS Aquaculture Shipping and Marine Harvest Norge have entered into agreements for long term charter of two new wellboats. Both vessels will be delivered as newbuildings in 2019 and will immediately upon delivery start five year charter contracts with Marine Harvest. DESS Aquaculture have awarded t
South Korean quartet boasts major role in Coral South FLNG project
The Export-Import Bank of Korea (Korea Eximbank) said it will provide $1 billion in project financing for the Eni-led Coral South FLNG project offshore Mozambique.
PGNiG to secure more U.S. LNG supplies
More U.S.-produced liquefied natural gas (LNG) could be landing in Poland as state-owned PGNiG entered talks to import more volumes, president’s senior advisor, Krzysztof Szczerski said.
IMB: 87 Maritime Piracy Incidents in 1H, 2017
The first half of 2017 saw a total of 87 incidents reported to the IMB Piracy Reporting Centre compared with 97 for the same period last year, indicating a continuing decline in the number of reported incidents of maritime piracy and armed robbery against ships. Recording some of the lowest figures
Greek Coast Guard Fires Upon Turkish Cargo Ship
A Turkish general cargo ship has been fired upon by the Greek Coast Guard boat while cruising off the coast of the island of Rhodes. MV Act was on its way from the port of İskenderun to the port of İzmit on Monday, July 3 when the incident occurred, as informed by Turkish Foreign Affairs Ministry. T
Rolande LNG takes over ENN Clean Fuels
The Dutch company, Rolande LNG has taken over ENN Clean Fuels, a unit of Chinese privately-owned ENN Energy Holdings, expanding its network of liquefied natural gas stations.
Qatar to boost gas production from giant offshore field
Qatar is set to boost its LNG production from 77 million to 100 million tons per year with the new volumes from its giant North Field, located in the Persian Gulf. Qatar Petroleum on Tuesday sad it would double the size of the new gas project in the southern sector of the North Field, which [&hellip
MEPC 71 Kicks Off
The 71st session of the Marine Environment Protection Committee (MEPC 71) has started at International Maritime Organization (IMO) Headquarters in London. A key item on the agenda is the implementation of the Ballast Water Management (BWM) Convention which is scheduled to enter into force on Septemb
Report: Simon Møkster in double vessel sale
Simon Møkster Shipping, a Norway-based offshore vessel owner, has reportedly sold two anchor handlers. According to VesselsValue.com, the Norwegian company has found a buyer or buyers, for the Stril Commander and Still Challenger vessels, both built by Havyard in 2009. VesselsValue has not disclosed
Qatar to boost LNG production to 100 Mtpa
State-owned Qatar Petroleum said Tuesday it aims to raise Qatar’s LNG production from 77 million to 100 million tons per year.
ITF: Twelve Stranded Crew Return Home from Aden
Twelve crew members of the Panama-flagged cargo ship Yas have been repatriated after their vessel was arrested in April 2017 when it berthed in Aden, in conflict-ridden Yemen. The crew, consisting of six Indians, five Ukrainians and one Syrian, contacted the International Transport Workers’ Federati
Spotted: Port Everglades Welcomes New American-Made, American-Flagged Tanker
Broward County’s Port Everglades welcomed on July 1 the newly built Palmetto State, a 50,000-ton petroleum tanker. The ship, being chartered by Citgo, arrived with 276,000 barrels of gasoline and jet fuel. “While we have nearly 600 petroleum tanker and barge calls annually, it is a rare opportunity
ONGC Videsh set to enter Namibian offshore sector
India’s ONGC Videsh is set to buy a share in an exploration licence offshore Namibia. The company on Tuesday said it had reached a binding agreement with Tullow Oil to buy 30 percent interest in Namibia Petroleum Exploration License 0037 for Blocks 2112A, 2012B and 2113B out of Tullow’s existing par