Driven by the need to organically protect maritime Task Groups from the threat of sea mines, the Royal Australian Navy is introducing a deployable Mine Counter-Measures (MCM) capability under the first phase of Project SEA 1778.The Royal Australian Navy’s (RAN) SEA 1778 deployable Mine Counter-Measures (MCM) capability is both a small step forward in the spiral development process and a
Venezuela's oil exports have fallen nearly 28% in the first half of June, on course for the lowest level in over 70 years as tanker owners and operators suspend contracts for transporting crude oil, according to documents and data on Tuesday.Shipping firms are avoiding Venezuela after the United States earlier this month blacklisted four vessels and their owners for transporting the country's
Eastern Shipbuilding Group reports that steel cutting for the second Offshore Patrol Cutter (OPC), Coast Guard Cutter Chase (WMSM-916), commenced on April 27, 2020 at its facilities in Panama City, Fla. The cutting of steel started the fabrication and assembly of the cutter’s hull, and ESG is to complete keel laying of Chase in 2021.
While facing the same challenging market conditions as offshore vessel owners and service companies worldwide, Norway’s Island Offshore recently broke free from the enforced conservatism of the E&P sector, by adding not just a new ship to its fleet, but one that re-writes the rulebook in capabilities, technology and despite its size and power, environmental credentials.
Australian police said on Thursday they have taken the “black box” of a cruise ship which disembarked hundreds of passengers infected with the coronavirus in Sydney, as part of a homicide investigation into the country’s deadliest infection source.The investigation got underway as the Australian authorities said the rate of new coronavirus infections hit its lowest number in three weeks and
Ships must be allowed to change over overworked and exhausted crews to help to keep trade flowing as coronavirus lockdowns shut many transit points across the globe, shipping industry officials said on Tuesday.About 90% of world trade is transported by sea but a deepening lockdown in many countries and suspended air travel have disrupted supply chains
The 2020 Offshore Technology Conference (OTC) has been canceled due to the coronavirus pandemic."While OTC’s purpose is to provide an opportunity for those in the offshore petroleum industry from around the world to meet and share knowledge, our first priority is to the health and safety of our attendees and exhibitors.
Swedish based tanker shipping company Stena Bulk will become the latest to run a ship on biofuel as owners and operators explore alternative fuels to help slash emissions.During the coming weeks, Stena Bulk will perform a test running MR tanker Stena Immortal on 100% MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam.
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
Oil prices jumped more than 2% on Friday, October 11, 2019, after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants.The Suezmax crude tanker Sabiti was ablaze and suffered heavy damage after being hit by two missiles, Iranian media reported.
The 2019 version of the MarineNews MN100 edition - our annual look at the very best individuals and firms in the shallow draft, brown water and workboat sectors - has come and gone. Anchoring that prestigious list, as always, is R.W. Fernstrum & Company. That's no surprise to MarineNews readers.THE COMPANY:R.W.
Seacor Holdings Announces Acquisition of Joint Venture Partner’s Interest in Sea-Vista.SEACOR Holdings Inc. announced that it has become the sole owner of its consolidated SEA-Vista joint venture, acquiring through a subsidiary the 49% interest that had been owned by an affiliate of Avista Capital Partners (the “Seller”).