At least five fully-laden liquefied natural gas (LNG) tankers are idling offshore India, as yet unable to discharge their cargoes, after importers there declared force majeure earlier this week, according to an analyst and shipping sources.Gas demand is falling globally amid the fast-spreading coronavirus which has capped industrial output
Barry Parker, contributor to Maritime Reporter & Engineering News and MarineNews magazines, is – like many people around the world – sequestered and working from home. He is our designated “ship spotter” for the day.In the maritime business, most of us have been adept at working from home (or from remote locations).
Trading house Glencore has chartered the 3 million barrel crude carrier Europe to store oil at sea for at least 6 months, trading sources on Tuesday.The vessel is one of two so-called ultra large crude carriers (ULCC), the largest tankers in the world.Glencore booked the vessel at a rate of $37,000 a day for the first six months, according to the sources.A Glencore spokesman declined to comment.
Kuwait Oil Tanker Company (KOTC) said that it received the giant liquefied natural gas (LNG) tanker, Umm Ruwaisat, as part of a major fleet overhaul.Accoding to Kuwait News Agency (KUNA), KOTC has entered the fourth phase of its fleet overhaul, which entails the delivery of eight carriers, three of which are gas tankers built by South Korean ship building firm Hyundai MIPO.
The third annual global Maritime Training Insights Database (MarTID) survey is officially open through February 29, 2020.Take the MarTID 2020 SurveyTo facilitate a broader response globally, the MarTID steering group again opted to both shorten the survey and to offer three, targeted versions for these three stakeholders:Vessel operator survey: https://www.surveymonkey.
The search for three missing mariners was called off on Monday after two towing vessels collided on the Mississippi River at mile marker 123, near Luling, La., Sunday, the U.S. Coast Guard said.Search crews scoured more than 835 nautical miles for approximately 67 hours but were unable to find the three missing mariners, the Coast Guard said.
The U.S. Coast Guard and local agencies are searching for three crew members missing following a collision between two towing vessels on the Mississippi River at mile marker 123, near Luling, La., Sunday.The Coast Guard said its watchstanders in New Orleans were alerted at 5:37 a.m.
Danish product tanker company TORM announced on Thursday it has entered into a deal to purchase a pair of LR2 tankers from Chinese state-owned builder Guangzhou Shipyard International (GSI) for expected delivery in the fourth quarter of 2021.TORM, which currently has 29 GSI vessels in its fleet
Danish tanker owner and operator Maersk Tankers is set to add 11 ships to its managed fleet in a deal with BP Shipping and ICBC Financial Leasing.Under the terms of the agreement, Maersk Tankers will take each vessel from the owner under a bare-boat charter arrangement, which it will then hire out to BP under a time charter deal for a period of three years.
Bourbon confirmed on Wednesday that the body of a fourth crew member has been recovered following the sinking of its vessel Bourbon Rhode last week. Only three of the 14 Bourbon Rhode crew members have been rescued as the search continues for seven mariners still missing.The body of the fourth mariner was discovered on Tuesday and transferred on the French Navy frigate Ventôse, Bourbon said.
The bodies of two more crew members from sunken offshore tug supply vessel Bourbon Rhode have been recovered by search teams in the Atlantic Ocean, the vessel's owner Bourbon announced on Tuesday. Three crew members are confirmed deceased, three have been rescued and eight are still missing after the vessel sank in heavy seas with 14 on board near a category 4 hurricane on Thursday.
Dry bulk shipping firm Clipper Bulk has reached an agreement to expand its fleet with the purchase of three Handysize cargo vessels.The Copenhagen-based company informed that it has bought three bulkers in close collaboration with a unnamed financial partner.The 2010-built vessels, featuring over 32,500 dwt, are expected to be delivered in the coming months