Changxing Shipyard Repairs MV Atlantic Monterrey

 MV Atlantic Monterrey started her new voyage from Changxing Shipyard along with whistle on 5th April. The vessel belongs to Singapore PCL company and she was a 25-year old bulk carrier. There were lots of problems existed in hatch covers especially No.2...

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Christening and Launching for New Vessel Held at Barkmeijer Shipyard

After christening and name giving by Miss Deborah Danser, m.v. Marietje Deborah was launched at Barkmeijer Shipyards in Stroobos on April 14th. The Marietje Deborah is the third in a series of four 1A ice-classed nozzle fitted 8300 tons vessels...

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Japanese Ship Orders Doubled in FY2010

Japanese export ship orders made a strong recovery in fiscal 2010, which ended on March 31, after sinking at their fastest pace in 17 years in the previous fiscal year. [Read More] Source: Journal of Comme...

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Hyundai Mipo to benefit from increased small-ship scrapping

Hyundai Mipo Dockyard, the world's fifth largest shipbuilder will benefit from increased small-ship scrapping, a South Korean brokerage said Thursday. [Read More] Source: Xin...

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LDA to grow dry bulk fleet as ships stay cheap

French shipping group Louis Dreyfus Armateurs (LDA) said it could acquire more vessels on top of a recent order with a Chinese builder as it seeks to profit from attractive prices.LDA is pursuing a "counter-cyclical" strategy to expand its fleet during a current...

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Multipurpose Shipping Market Review and Forecast 2011

The outlook for the general cargo market is far better than it has been for some years. With healthy demand and a sensible orderbook, the only caveat to that rosy outlook when this sector emerges from the downturn is the threat of competition from both dry bulk...

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Positive trend in ship safety, says DNV president

Singapore, 13.04.2011: “Year on year improvements in ship safety is now turning into a negative trend. This is extremely worrying and requires a stronger focus on competence development both onboard and onshore,” DNV’s President Tor E. Svensen said at Sea Asia. “Statistics show that the accident...

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Attacks off the Somali coast drive piracy to record high, reports IMB

Piracy at sea hit an all-time high in the first three months of 2011, with 142 attacks worldwide, the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global piracy report revealed today. The sharp rise was driven by a surge in piracy...

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Korea regains top shipbuilding spot

Korea recaptured its status as the world’s leading shipbuilding nation by new orders in the first quarter by securing more deals for large, value-added vessels than China, a government report showed yesterday. [Read More] Source: Korea JoongAng Da...

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Dry bulk market keeps on falling, on low demand and high supply

The dry bulk market has kept its falling patern this week, with the industry’s benchmark, the Baltic Dry Index (BDI) retreating again yesterday to end the session down to 1,309 points, a daily slump of 1.13%. On the positive side, the Capesize market stopped tis...

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Unique ABB solution for power supply to Stena Line’s vessels at Port of Gothenburg

Clean, renewable electricity from onshore means that Stena Line’s vessels Stena Germanica and Stena Scandinavica now can shut off their diesel generators during their stay at Port of Gothenburg. This pioneering project has gained a lot of interest among shipowners,...

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PETROGRAND AB HAS BEEN GRANTED MUROMSKIJ-2

Petrogrand AB has through its Russian subsidiary Petrogrand Invest LLC, free of charge been granted the rights to, during a 5 year period, perform geological surveys on the license area Muromskij-2, in the Tomsk-region. Petrogrand will, after test drillings and...

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Protesters told to stay away from oil survey vessel

New Zealand police on Tuesday issued environmental protestors notices to ensure their boats do not get too close to an oil and gas survey ship or its support vessel off North Island's East Cape. [Read More] Source: People's Da...

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RasGas’ ship “Simaisma” first to enter N-KOM’s new dry dock in Ras Laffan

N-KOM’s (Nakilat-Keppel Offshore Marine) new state-of-the-art dry dock at Ras Laffan Port has received its first ship - the RasGas’ chartered LNG Vessel, Simaisma. This historic event marks a newphase for the RasGas fleet and RasGas’...

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Niko, Centrica to invest $70 mln in Trinidad project

Canada's Niko Resources (NKO.TO) and Britain's Centrica (CNA.L) will invest $70 million in three offshore exploration wells this year in Trinidad and Tobago, the Caribbean's leading oil and natural gas producer, officials said on Wednesday. [Read More] Source:...

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AMINEX: NYUNI EXTENSION GRANTED

Aminex PLC (‘Aminex’ or the ‘Company’) is pleased to announce that it has received a formal extension of 6 months to the Nyuni East Songo-Songo Productions Sharing Agreement (‘Nyuni PSA’) from the Tanzanian Ministry of Energy and Minerals. This extension is to...

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Ukraine, Vanco Reach Black Sea Oil Settlement, Interfax Reports

Ukraine and Vanco Prykerchenska Ltd. have reached a settlement on Black Sea oil exploration, Interfax-Ukraine news agency reported, citing Justice Minister Oleksandr Lavrynovych. [Read More] Source: Bloomb...

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Shtokman partners insist gas to flow in 2016

Gazprom (GAZP.MM), Total (TOTF.PA) and Statoil (STL.OL), the partners in Shtokman Development, confirmed they would start pumping gas from the Barents Sea field in 2016 but delayed an investment decision. [Read More] Source: Reut...

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Marine Well Containment Company Welcomes Statoil

HOUSTON--(BUSINESS WIRE)--The Marine Well Containment Company (MWCC) announced today that Statoil has joined as a member.“We welcome Statoil as a member of the Marine Well Containment Company. As part of MWCC, Statoil joins our effort to improve the containment...

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BP and Rosneft Extend Share Swap Deadline

BP announced today that it has agreed with Rosneft to extend the deadline for completing the share swap agreement (previously announced on 14 January) to 16 May 2011. The agreement between the two companies followed the 8 April decision of the arbitral tribunal...

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Statoil finds oil near Peregrino

A new oil find has been made by Statoil immediately adjacent the Peregrino field in the Campos Basin offshore Brazil.The Peregrino A wellhead platformAn exploration well drilled in the Peregrino South structure a few kilometres south of Peregrino has encountered...

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Wood Group Kenny awarded engineering contract with Woodside

Wood Group Kenny has been awarded a contract to support the Browse liquefied natural gas (LNG) development located offshore in Western Australia's Kimberley region, approximately 425km northwest of Broome.Leading international subsea engineering company, J P Kenny Pty, together with its related Wood...

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OSX Brasil Receives Order for Three New FPSO Units from OGX

OSX has received from its client OGX Petróleo e Gás (“OGX”) an order for 3 (three) new FPSO units (Floating, Production, Storage and Offloading), to be chartered for 20 years by OGX, according to the strategic cooperation contract existing between the two companies,...

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NAUTILUS FORMS STRATEGIC PARTNERSHIP AND SECURES VESSEL

Nautilus Minerals Inc.'s plan to open a new frontier of seafloor resource production has taken a major step forward, with the formation of a strategic partnership with German shipping company Harren & Partner.A joint venture company is to be formed to own...

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