Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of the FPSO for the Agogo Integrated West Hub Development Project in Angola (“FPSO Agogo”).According to Yinson, the contract is worth about $5.
A grounding incident was avoided thanks to swift action by a team of harbor tugs and pilots aboard a Panamanian registered containership that lost power in Southampton, U.K., according to a local pilots group.At around 11 a.m. on January 26, the 20,000 TEU containership MOL Treasure departed the Port of Southampton bound for Le Harve, amid good, though gusty, weather conditions
Shipping companies are still waiting for "real green" fuel solutions as part of decarbonization efforts to clean up the industry, a leading industry official said.Shipping, which transports around 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action, including a carbon levy.
Responders are working to minimize environmental damages from a cutter suction dredge that capsized in the Mississippi River near Meraux, La. on Monday.The U.S. Coast Guard said its watchstanders at Sector New Orleans were notified at 12:50 a.m. that the dredging vessel W.B. Wood capsized in the vicinity of mile marker (MM) 85.
Multiple agencies are responding to prevent any potential environmental damages after a tug partially sank at its moorings on the Kinnickinnic River in Port Milwaukee.The Coast Guard said its watchstanders at Sector Lake Michigan were notified by the National Response Center at 11:27 a.m.
U.S. oil producer Chevron Corp plans to export this month its first cargo of Venezuelan crude to its Pascagoula, Mississippi refinery following a U.S. license granted last year, according to shipping documents seen by Reuters on Tuesday.The 500,000-barrel cargo of Hamaca heavy crude, to be loaded at state-run PDVSA's Jose port, comes from the Petropiar oil joint venture operated by both companies.
U.S. oil company Chevron Corp is sending two oil tankers to Venezuela, one of which will load the first cargo of crude destined for the United States in nearly four years, according to a person familiar with the matter and shipping data.On Friday, a Chevron-chartered vessel approached the South American country's waters to pick up a cargo of Venezuelan crude.
The international ship registries of Djibouti and the Cook Islands suspended the flags on five oil tankers, following sanctions by the United States this month for having facilitated oil trade for Hezbollah and Iran’s Quds Force, nongovernment organization United Against Nuclear Iran (UANI) said on Monday.The U.S.
About 157,706 barrels, or 9%, of oil production in the U.S. Gulf of Mexico were shut on Wednesday by Hurricane Ian, said offshore regulator Bureau of Safety and Environmental Enforcement.Hurricane Ian was lashing Florida's Gulf Coast with powerful winds and drenching rain, but the Category 5 storm steered clear of the Gulf's richest oil production areas.
Norwegian grocery distributor ASKO announced its two new full-electric, self-driving vessels have been christened.The battery-electric powered RoRo cargo ferries, named Marit and Therese, will cross the Oslo Fjord daily between Moss and Horten, mainly carrying groceries for NorgesGruppen's chains.
Capt. Brian McAllister, a prominent member of the American maritime industry and a true New York area maritime industry icon, has passed away.The following was posted on the mcallistertowing.com website:"It is with heavy hearts that we announce the passing of our beloved Captain. Brian, who changed the future of McAllister Towing when he bought the company with his brothers and cousins
Spot-market rates for liquefied natural gas (LNG) tankers this week set annual records as traders bid up available vessels to meet rising global demand for the chilled gas, according to brokers.Soaring demand for LNG and buyers shunning Russian cargoes and vessels over its invasion of Ukraine have led to more long-term charters, limiting the supply of vessels to the spot market