Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year. The troubled Prelude FLNG platform was shut down following an electrical trip and Shell has faced a number of issues over the past few months in trying to restart full
A nuclear-powered ice breaker Russia says is the world’s largest and most powerful set off on Tuesday on a two-week journey to the Arctic as part of Moscow’s efforts to tap the region’s commercial potential.Known as Arktika, the nuclear icebreaker left St. Petersburg and headed for the Arctic port of Murmansk, a journey that marks its entry into Russia’s icebreaker fleet.
A new Mayflower has been launched in Plymouth, 400 years after its historic namesake set sail from southwest England to America.The new vessel won't be carrying pilgrim settlers across the Atlantic. In fact, it won't hold any crew or passengers at all. The sleek AI- and solar-powered trimaran is autonomy level five, meaning it can operate independently with no human intervention.
Firefighters have extinguished a major ship fire that burned for more than four days aboard USS Bonhomme Richard (LHD 6) moored pier side at Naval Base San Diego, the Navy said Thursday afternoon.Rear Adm. Philip Sobeck, Commander of U.S. Navy Expeditionary Strike Group 3, said all known fires have been extinguished on board as fire teams continue to search the 844-foot-long Wasp-class
While COVID-19 has proven to be the biggest business disruption event in generations, for the once-booming cruise shipping industry it has meant a hard stop. Getting back to cruising will be neither fast nor easy. We reached out to Captain Havard Ramsoy, Vice President, Marine Operations and Safety, Genting Cruise Lines for insights on the path forward.
A log carrier that lost power and went adrift while leaving New Zealand's Port of Tauranga Monday has been towed to anchorage in deeper water while it awaits further inspection, local maritime safety authorities said.The Singapore-flagged Funing was outbound for Lanshan, China when it lost engine power and began drifting amid 30 knot winds and significant swells between Mount Manganui and
The Baltic Exchange's main sea freight index marked its largest single-day percentage rise on Thursday, as capesize vessel segment rates jumped 50% on strong iron ore demand.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, rose 281 points, or about 22.6%, to 1,527, its highest since Dec. 10.
Owners of a factory ship moored off southern France which normally turns seawater into bottled mineral water have converted it to make sanitizing solution in the fight against the coronavirus.At the start of the year, the 179-meter long Odeep One began making bottled water pumped from the depths of the Mediterranean but since April 1 the plastic bottles which roll off its production line have
U.S. Navy hospital ship USNS Mercy (T-AH 19) arrived in Los Angeles, Friday to support the nation’s COVID-19 response efforts.While in Los Angeles, the ship will serve as a referral hospital for non-COVID-19 patients currently admitted to shore-based hospitals, and will provide a full spectrum of medical care to include general surgeries, critical care and ward care for adults.
The discount on front-month Brent crude oil futures to later contracts increased to an 11 year high on Thursday, as the coronavirus pandemic continued to cause an unprecedented slump in global demand. The spread on the May to November contracts had widened to as much as minus $10.31 per barrel at 1004 GMT, a level not seen since January 2009.
Belgian tanker owner Euronav said Friday it has entered into an agreement to acquire a resale very large crude carrier (VLCC) for $93 million.The modern eco-tanker is currently under construction at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in South Korea and is due for delivery early in the first quarter of 2021, Euronav said.
Malaysian oil and gas company Petronas named its second floating liquefied natural gas (LNG) facility, the PFLNG Dua, in a ceremony in Geoje, South Korea.The floating LNG facility is designed to extract gas from deepwater gas reservoirs in depths up to 1,500 meters.With PFLNG Dua, the national oil and gas company of Malaysia owns and operates two floating LNG facilities