This infographic shows maximum ship sizes for the Panama Canal, Suez Canal, and the Strait of Malacca. Ships carrying crude oil and petroleum products are limited by size restrictions imposed by several major shipping thoroughfares, such as: the Panama Canal, the Suez Canal, and the Strait of Malacca. These size restrictions provide another way to […]
The 2014 had been a much more rewarding year for owners than 2013 with positive spikes seen in the spot market and a definite shift in sentiment, with reasonable expectations for the second half of the year, according to the UK shipbroker Gibson. Based on Gibson’s latest Weekly Tanker Report, some 31 VLCCs have been ordered […]
In advance of a critical intergovernmental meeting next month at the UN International Maritime Organization (IMO), the International Chamber of Shipping (ICS) has called on IMO Member States to give careful consideration to shipowners’ concerns about the implementation of an avalanche of new environmental regulations, which are about to impact on ship operations at more […]
Supreme Group (Supreme), a provider of end to end supply chain solutions in challenging environments, has announced completion of the purchase of EMS Seven Seas ASA (EMS). Supreme now owns 90.04% of the total outstanding shares in EMS. Supreme will make a mandatory offer to the remaining shareholders in the company in due course. “By integrating […]
The PGN FSRU Lampung project reached a significant milestone on 17 May, when the installation and connection of the FSRU and the Tower Yoke Mooring System were finalized on site, 6 km offshore Lampung, Indonesia. The project will commence commercial operation under a 20 year time charter with PGN by the middle of June 2014. Sveinung […]
NOAA ships, small boats, and hydrographic services contractors have their sailing orders to survey more than 2,000 square nautical miles in U.S. coastal waters this year, collecting data that will strengthen the foundation of the US environmental intelligence. Most of the vessels are sailing to their initial project areas now. The NOAA Office of Coast […]
STX Offshore & Shipbuilding, a South Korean shipbuilder, has secured an order from Navig8 Product Tankers Inc. to build up to twelve Long Range (LR1) 74,000 DWT tankers. The order is worth USD580m in total. Due to financial difficulties, STX O&S has entered into the voluntary business normalization program in July 2013 and has since […]
What if, in the near future, fishing boats replaced the diesel engine by a propulsion mode reducing both their energy bills and their polluting emissions, while contributing to the improvement of their crews’ working conditions? That is the goal of FILHyPyNE, a major naval hydrogen technology project for multi-species fishery backed by the Mission Hydrogène […]
Gunderson’s Marine division has received an order from Kirby Offshore Marine to build an articulated ocean-going oil & chemical tank barge, with an option for a second unit, to meet growing demand. The state-of-the-art 578′ tank barge is one of the largest in Gunderson’s marine history, and has a 185,000 barrel carrying capacity. This order, […]
International oil and gas services specialist HS Ocean Group (HSOG) has been awarded a multi-million dollar refurbishment and upgrade of a high-specification jack-up drilling rig at its facility at Labidco Port, La Brea in Trinidad. HSOG’s La Brea facility in Trinidad is ideally placed to capture work from its surrounding countries like Suriname, Guyana and […]
