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.
Diverse and conveniently located, St. Johns Ship Building has quickly developed into a reliable partner for its many repeat customers. Today, and as a direct result, a lot more people know exactly where Palatka, Florida is located.On the St Johns River, just 60 miles south of Jacksonville, lies the sleepy town of Palatka, Florida.
Florida's governor on Friday urged residents in the state to stock up on at least a week's worth of food, water and medicine and to prepare to lose power and cellphone service for days after Hurricane Dorian makes landfall early next week.The slow march and rising intensity of the storm, which is moving in a northwestern direction to the Bahamas
Hurricane Dorian took aim at the Bahamas and the Florida coast on Thursday, spurred on by warm Atlantic waters as it threatens to strengthen into a dangerous Category 3 storm.Dorian earlier sideswiped the Caribbean without doing major damage but is expected to strengthen and slam the Bahamas and the southeastern United States with rain
VT Halter in Pascagoula, MS has been on a strong run, capped by its winning the high-profile contract to build the U.S. Coast Guard’s next generation of icebreakers. Maritime Reporter recently spoke with Ron Baczkowski, President and CEO, VT Halter Marine, for insights on the shipyard’s recent success and future prospects.
A BP drilling rig heading to an oilfield in the British North Sea has been forced to turn away twice over the past two days as a Greenpeace vessel protesting climate change tries to hamper its progress.The high-sea chase is the latest step in Greenpeace's nine-day effort to stop the 40,000 tonne Paul Loyd JNR rig from reaching the Vorlich oilfield to start its drilling campaign.
VT Halter’s new state-of-the-art blast and paint facility, already paying dividends for the shipyard’s bottom line and the environment alike, is poised to lift your bottom line with improved coatings and reduced corrosion.When it comes to marine coatings, preparation is everything.
Royal Dutch Shell has booked a supertanker to store 2 million barrels of oil at sea to park mounting global stocks, shipping sources said on Wednesday.Shell declined to comment.The sources said Shell had booked a very large crude carrier (VLCC), which can store up to 2 million barrels of oil, for a five-month charter. Refinitiv data showed the hire cost paid was $40,000 a day.
Powered by growth on the Rostock and Trelleborg route, Stena Line announced plans to invest $5.5m in a refit and renovation of the cabins and public spaces onboard the two ships, FS Mecklenburg-Vorpommern and M/S Skåne.The refit will start in the end of December and take place both during the planned yard visits and during operation.
After 26 years with Volvo and 7 as President of Volvo Penta Americas, Ron Huibers has decided to retire from his current role and move to another role within Volvo Penta. Succeeding Ron will be Martin Bjuve, currently CFO and SVP Business Office Volvo Penta. Planned transition date will be January 1, 2020.
VT Halter Marine, Inc., a ST Engineering North America company, held a vessel naming ceremony for America’s first offshore Liquefied Natural Gas Articulated Tug and Barge (LNG ATB) unit.The Q-LNG 4000 (barge) and the Q-Ocean Services (tug) were officially named in a ceremony that included U.S. Senator Roger Wicker, U.S. Senator Cindy Hyde-Smith and U.S. Rep.
Oil tanker owners DHT Holdings and Heidmar have suspended new bookings to the Mid-East Gulf, three ship brokers said, following suspected attacks on two oil tankers in the Gulf of Oman on Thursday.DHT has a large fleet of Very Large Crude Carriers (VLCCs) and Heidmar has a wide range of oil tankers.