News

Pyongyang is interested in participating in a project to build a 10 billion cubic meter/year pipeline from Russia to South Korea via North Korea, Russian President Dmitry Medvedev

Hong Kong-listed commodities trader Noble Group​ has secured its first charter for an LNG carrier. ICIS Heren understands that Noble Group will take control of the 1979-built 126,000 cubic metre (m³) LNG Taurus from April 2012 for a period of two years.

Argentina will receive three LNG cargoes this week as low temperatures drive up natural gas demand, a person close to the operations said Wednesday.

APL today introduced a new service to expand its presence in Latin America. The West Coast Express​ (WCX) service replaces the Panama Andean Express 2 service. The new service is a vessel sharing agreement with Hamburg Süd.

Japan will import liquefied natural gas from Norway for the first time since 2008, with the Arctic Discoverer tanker expected to arrive at the Oita LNG terminal in southwestern Japan on Sept. 10, an industry source familiar with the matter said on Thursday.

On 20 August 2011 the tanker Vladimir Tikhonov, owned by SCF Group (Sovcomflot), started her Arctic voyage from Murmansk along the

China-based shipbuilder Shanghai Waigaoqiao Shipbuilding Co. (SWS) has received an order from Piraeus, Greece-based shipping company Polembros Shipping (Polembros), which includes four 206,000 dwt bulk carriers. The new ships are due to be delivered in 2013.

Fairstar Heavy Transport N.V. (FAIR) has signed a third contract with Chevron PTY LTD and the Kellogg Joint Venture – Gorgon. Under the terms of the contract, the semi-submersible vessel FJELL

Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Triton, a 1,400 dwt anchor handling tug support

Maersk Line is increasing the size of individual ships from 8,600-TEU to 10,000-TEU by raising the wheelhouse and adding another layer of containers on deck.

Incat Crowther announces the launch, trials and delivery of the 24m Catamaran Ferry Fantasea Sunrise. In June, Incat Crowther announced the sale of the vessel to prominent Great Barrier Reef operator Fantasea Cruises. Since that announcement, Brisbane shipyard

Germany plans to lobby other European Union countries to allow the deployment of private armed guards on their merchant ships in high-risk areas as a piracy crisis escalates, ministry officials said.

On August 17, a naming ceremony was held at the Geoje Island shipyard of Samsung Heavy Industries , Ltd. in Korea for two LNG vessels being built for joint owners NYK LNG (Atlantic) Ltd. (headquarters: London, UK), a wholly owned subsidiary of NYK; Mitsui & Co. Ltd.

India will seek private funds for seven new ports costing 350 billion rupees ($7.6 billion) as the government tackles transport bottlenecks that are hindering plans to triple exports of agricultural and manufactured goods

Jack-Up Barge has announced signing a multi-year charter agreement with the German BARD Group for Jack-Up Barge’s Self Elevating Platforms JB-115 and JB-117. The contract is valued at in excess of EUR 100 million. Both platforms will be deployed in the BARD Offshore 1 offshore wind farm

Songa Offshore SE announced that the Company has finalized a new bank facility in the amount of USD 420 million.

Another step forward in the development of the Aquarius System was made recently when work begun on the detailed design of the wind and solar sail panel. This panel or rigid sail will be used to harness wind & solar energy which will then be used to help power a ship thereby reducing fuel consumption and the emission of harmful gases.

GC Rieber Shipping and the subsea contractor Technocean has agreed on a one year extension of the charter regarding vessel “Polar Prince”.

Port of Salalah has received the maiden call from global shipping line CSAV (CompañíaSud Americana de Vapores). CSAV is a Chilean shipping company operating across all the continents in container, bulk and car carrier vessels. They are one of the oldest and most respected liner companies in the world today.

The Maritime and Coastguard Agency (MCA) announced on friday that five foreign flagged ships were under detention in UK ports during July 2011 after failing Port State Control ( PSC) inspections.