Russia has been quietly shipping refined petroleum to North Korea at levels that appear to violate the mandates of the United Nations Security Council, a U.S. official said on Thursday, adding the U.S. is planning new sanctions in response.The disclosure came on the first day after a U.N. panel of experts monitoring enforcement of longstanding U.N.
A new ship safety center in Athens will help prepare seafarers to handle a dynamic, multi-dimensional shipping industry as alternative fuels and emerging technologies present new challenges for the sector.Plans to open the Hellenic Ship Safety Center were announced by classification society ABS at the Posidonia trade fair in Athens.
On April 19th, 2024, Muddy Water Dredging, LP, held the christening ceremony of its Marlin Class dredge at the Port of New Orleans. The event was attended by many esteemed business leaders, media personnel, and distinguished dignitaries. "We are happy to unveil the Vaneta Marie dredge.
New York-listed shipowner Capital Product Partners L.P. (CPLP) has closed the umbrella agreement from November 2023, moving forward with the $3.1 billion acquisition of 11 newbuild LNG carrier vessels.CPLP entered into umbrella agreement with Capital Maritime & Trading Corp. and Capital GP on November 13, providing for the acquisition of 11 newbuild liquefied LNG carriers.
Energy Transfer LP has entered into a non-binding Heads of Agreement (HOA) with TotalEnergies related to term crude oil offtake from its proposed Blue Marlin Offshore Port for 4 million barrels per month. The HOA is subject to the negotiation and execution of definitive agreements and the satisfaction of other conditions, including Energy Transfer taking a final investment decision on the project
The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance and repair industry, today announced its annual member safety awards for the 2023 calendar year. This year, 18 shipyards are receiving awards for their achievements in safety. “Safety isn't just a priority; it's a fundamental pillar of our industrial base.
The Lloyd’s Register (LR) Maritime Decarbonization Hub is collaborating with five leading shipowners as founding members in the establishment of a not-for-profit Athens-based global Maritime Emissions Reduction Center (M-ERC) that will focus on optimizing the efficiency of the existing fleet.
Fujian Mawei Shipbuilding and Xiamen Shipbuilding Industry in China have ordered four MAN 10L32/44CR main engines in connection with the construction of a quartet of 41,000 dwt oil-and-chemical tankers for Bremen-based German Tanker Shipping (GTS).The construction of the 199-meter Swedish Fartygskonstruktioner AB-designed newbuildings is set to start at Xiamen Shipbuilding with delivery
MAN Energy Solutions has won the contract from Royal Boskalis to supply 3 × MAN 49/60 engines for a 31,000 m³ Trailing Suction Hopper Dredger (TSHD).Each engine will come accompanied by an exhaust-gas after-treatment system, namely an MAN Low-Pressure Selective Catalytic Reduction (LP-SCR) system, that ensures IMO Tier III compliance.
Future Energy Exports CRC, JX Nippon Oil & Gas Exploration Corporation, Low Emission Technology Australia, Mitsui O.S.K. Lines (MOL), and Osaka Gas have executed a project agreement for the "LP Technology R&D Project" to conduct research and development to demonstrate the technical feasibility and operability of low-pressure and low temperature solutions for the bulk transport of CO2 by ships.
Shuttle tanker owner KNOT Offshore Partners will appoint Derek Lowe as new Chief Executive Officer and Chief Financial Officer with effect from the week of September 11, 2023.The new appointment comes following the decision of Gary Chapman to step down as the Partnership’s CEO/CFO announced on April 10, 2023.
The Greater Houston Port Bureau Board of Directors announced Vincent DiCosimo, vice president of government affairs at Targa Resources, will assume the position of the chairman of the board on January 1, 2024. DiCosimo has served as first vice chairman on the Port Bureau’s board for the last three years.