News

Nakilat, Qatar’s premier gas transporter, has added three new LNG vessels to its fleet

MONTHLY LIST OF VESSELS BEACHED AT THE INDIAN DEMOLITION YARDS:

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In the decades after the Arab oil embargo, the U.S. imposed restrictions on energy exports to promote self sufficiency as a matter of national security.

d’Amico International Shipping S.A. said that its operating subsidiary d’Amico Tankers Limited (Ireland) and Hudson Partners LLC (CT, USA) have decided to not implement the agreed Letter of Intent, announced in May last year.

Despite earlier optimism of the coordinating agencies, the Houston Ship Channel remains closed to vessel traffic.

Shipyard De Hoop has recently secured an order for the design and construction of an Intermix/Transmix vessel.

On her first voyage from South America to Europe, the new container ship “Cap San Lorenzo” docked at the HHLA Container Terminal Burchardkai on 23 March 2014.

The IMO Marine Environment Protection Committee (MEPC), which starts on 31 March, will seek to make progress on the development of a global system of monitoring and reporting of CO2 emissions from ships.

A merger between Chilean shipping company, Compañía Sudamericana de Vapores (CSAV) and the German company Hapag Lloyd is one step closer to being reality.

Maersk-Rickmers U.S. Flag Project Carrier,the joint venture between Maersk Line, (MLL) Limited and Rickmers-Linie (Americas), has been terminated.

Captain Sami Saeed Farea, Port of Aden’s Chairman, has met with Mr. Wu Jinping, Director General of the Chinese International Shipping Line ‘COSCO’ – West Asia – regional offices.

Efforts to contain and recover oil spilled after a collision between M/V SUMMER WIND and Kirby Barge 27706 that occurred Saturday in the Houston Ship Channel continue with an aggressive deployment of all available response resources, Sunday.

Mitsubishi Heavy Industries, Ltd. (MHI) has decided to book an extraordinary loss of approximately $585 million from its cruise ship business in the company’s consolidated financial results for fiscal year (FY) 2013 (ending March 31, 2014).

What a difference a few months can make. Russia ended 2013 with record natural gas supplies to Europe, reaching perhaps a third of European demand.

Without Crimea, Ukraine looks set to lose an important piece of its economic and energy future: valuable undersea oil and gas fields

The major geopolitical event facilitating the free flow of Mideast crude oil

Grupo Unidos por el Canal (GUPC), the consortium of international construction companies

Marubeni Corporation has reached agreement with GDF SUEZ (France) on the participation in the offshore LNG receiving terminal project in Uruguay.