A newly delivered very large crude carrier (VLCC) is said to be the world's first capable of running on liquefied natural gas (LNG).The Yuan Rui Yang was handed over on Monday at China's Dalian Shipbuilding Industry Company (DSIC) for shipping giant COSCO.Classed by China Classification Society (CCS), the 333-meter-long vessel will be operated by COSCO Shipping Energy Transportation Company.
Tanker operator AET announced it has named its new dual-fuel very large crude carrier (VLCC) Eagle Valence.Named during a virtual ceremony at Samsung Heavy Industries (SHI) in Geoje, South Korea, the 300,000 dwt newbuild is the first of two liquefied natural gas (LNG) dual-fuel VLCCs being built for long-term charter to Chartering and Shipping Services SA
A tug and barge ran aground Thursday night near Deerfield Beach, Fla., while transporting munitions from Port Canaveral to a U.S. Naval facility in the Bahamas.The U.S.-flagged tug Sea Eagle had four people on board when it began taking on water and went aground at 8:45 p.m. on Thursday, the U.S. Coast Guard (USCG) said.
The year just ended, 2021, might be described as being about “trying to get back to normal”, across the entire transportation spectrum, two years into the pandemic. During this time, the decarbonization and electrification waves have swept across maritime passenger transport. The passenger side of the business is dependent on multiple funding sources; increasingly
ADS Maritime Holding has agreed to acquire a 5 % shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the owners of four modern shuttle tankers operating in the North Sea, mainly on long term charters to Equinor. The vessels are Eagle Blane, Eagle Balder, Eagle Bergen, and Eagle Barents. Shuttle tankers are used for the offloading and transporting oil from offshore oil installations.
Shipping company AET on Wednesday took delivery of Eagle Colombo, its latest second generation dynamic positioning shuttle tanker (DPST) from Korean shipbuilder Hyundai Heavy Industries (HHI).The Singapore-registered newbuild is the third and final vessel in a HHI-built series to be operated on long-term charter to Shell in Brazil.
Tanker operator AET said it has taken delivery of its second liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC) Eagle Vallery, built by Samsung Heavy Industries (SHI) in South Korea.Following the delivery of Eagle Valence, one of the world’s first dual-fuel VLCCs
After 27 years’ service as Chief Executive Officer of Shipowners Claims Bureau, Inc. (SCB), the Managers of the American P&I Club, Joe Hughes will stand down from that role on August 1, 2022. Dorothea Ioannou, currently Deputy Chief Operating Officer of SCB, will succeed Hughes as CEO from that date
Singapore-headquartered shipowner AET said it has taken delivery of Eagle Canoas, its newest shuttle tanker from South Korean shipbuilder Hyundai Heavy Industries Co., Ltd (HHI).The Dynamic Positioning (DP2) vessel is the second in a series of three Suezmax shuttle tankers chartered by Shell in Brazil.
U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad.The oil and gas rig count, an early indicator of future output, rose 13 to 601 in the week to Jan. 14, its highest since April 2020, said Baker Hughes in its weekly report. The total count was up 228, or 61%, over this time last year.U.S.
Tanker operator AET has taken delivery of Eagle Campos, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose built for long-term charter to Brazil Shipping I Limited, a subsidiary of Shell.Shuttle tankers are used for the offloading and transporting oil from offshore oil installations.
The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude terminal, said on Friday it made no deliveries of sour crude from storage last month, following two storms that hit the U.S. Gulf Coast.The facility closed on August 28 ahead of Hurricane Ida, which damaged production and processing facilities in the U.S.