Although MTL has a robust oil and gas heritage, with formidable experience in the global energy marketplace, it also invests heavily in R&D and undertake rigorous testing and research from its base in Kintore, Aberdeenshire. MTL recognizes the importance of progression and continual improvement for the benefit of the organisation and its staff.
PaxOcean’s Zhoushan Shipyard has delivered a 26,000m3 floating storage and regasification unit (FSRU) Karunia Dewata to Indonesia-based Jaya Samudra Karunia (JSK). The FSRU is the largest to be built in China and will be capable of regasifying around 50 million standard cubic feet per day.
The celebrities were out in force at the recent Southampton Boat Show. Led by Duran Duran’s Simon Le Bon, ably supported by sailing legend Sir Robin Knox-Johnston, TV wildlife presenter and trained diver Miranda Krestovnikoff, BAFTA award-winning wildlife expert Steve Backshall, explorer, writer and TV presenter Monty Halls and Diane Youdale, otherwise known as Jet from Gladiators.
A product tanker operated by the NYK Group rescued 28 fishermen from life rafts on last week off the coast of Colombia.The Challenge Pollux was sailing from the Panama Canal to Houston on September 14 when it received a call from a U.S.-based Maritime Rescue Coordination Center (MRCC) requesting assistance with the rescue of 28 crew members who had evacuated from a sinking fishing boat.
Matthieu de Tugny, COO, BV on the biggest challenge in autonomous shippingThe regulatory environment, from the IMO, IACS to the flag level, is very sensitive, because you’re talking about people, too. In the 1970s was when we developed the first automation notations for unmanned machinery spaces, the first issue we had was with the trade unions, as it was removing people from the machinery spaces.
A sunken derrick barge has been raised from the Gulf of Mexico seafloor following several months of planning, engineering, on-site preparations and the heaviest salvage lift ever accomplished in the Americas, said marine services and wreck removal specialists Resolve Salvage and Fire Americas.
An icebreaking liquefied natural gas (LNG) carrier has completed a record journey through the Northern Sea Route (NSR) in the Arctic.The Christophe de Margerie owned and operated by Sovcomflot (SCF Group) covered the distance of 2,360 nautical miles eastward through the NSR, from the port of Sabetta (Yamal Peninsula) to Cape Dezhnev (the Bering Strait), in seven days and 17 hours
Responders are facing challenging monsoon season conditions as they work to salvage a containership that caught fire and grounded in the in the Bay of Bengal last month.The stricken containership SSL Kolkata remains aground in soft mud some 7.5 nautical miles off the Indian Sunderbans, Kolkata, West Bengal, after an explosion in one of the containers lit a fire on board the vessel on June 13.
Flex LNG, a liquefied natural gas shipping company and part of the nautical empire of Norwegian billionaire John Fredriksen, has dropped its interest in operating floating regasification units due to project failures and low returns. Floating Storage Regasification Units (FSRUs) have been lauded by analysts as transformative for the LNG industry by opening up emerging markets to supplies as the
PAO Sovcomflot (SCF Group) continued to increase the share of its fleet serving long-term energy projects over the first quarter ending 31 March 2018. This helped offset the negative impact of the protracted decline in freight rates that continues within the conventional tanker freight markets.
The maritime industry, like any other, faces its share of challenges.When it comes to training, maritime stakeholders say their largest challenge is a lack of financial resources, according to the Maritime Training Insights Database (MarTID) 2018 Training Practices Report.Other top challenges include a shortage of competent and dedicated training personnel as well as the procurement and
Belgian tanker operator Euronav's average spot rates for its very large crude carriers (VLCCs) fell 53.8 percent to $18,725 per day in the first quarter, as challenging conditions continued in the freight market, the company said on Wednesday. Tanker companies have been suffering from a glut of excess capacity which has weighed on rates, while OPEC oil production cuts have added to the pressure.