Water levels on the Rhine and Danube in Germany remain low after a recent drought and freight vessels cannot sail fully loaded on the rivers, traders said on Tuesday.Rhine water levels have risen after rain in recent days but still remain well below levels that would allow normal sailings, they said.“Most vessels are only sailing about 30 percent full,” one trader said.
Contaminated marine fuel that clogs and damages ship engines has been found in Singapore, the world's largest ship refuelling hub, according to sources and an alert sent to clients by a marine fuel surveying company.Singapore-based marine fuel surveyor and consulting firm Maritec Pte Ltd warned clients this week that six samples of ship fuel sold in Singapore had "resulted in severe sludging at
Water levels on the Rhine and Danube in Germany have fallen after recent dry weather and freight vessels cannot sail fully loaded on some sections of the rivers, traders said on Wednesday. The Rhine is too shallow for normal sailings around Cologne, traders said. All of the German section of the Danube is too shallow for full loads, they said.
ExxonMobil and the Hess Corporation announced an eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block. The companies said approximately 78 meters of high-quality, oil-bearing sandstone reservoir was encountered.
A U.N. monitoring group wants to enlist the help of the world's biggest oil trading companies to enforce sanctions that cap the amount of crude and related products North Korea can import, the coordinator said.The U.N. Security Council ramped up sanctions last year after North Korea said it had conducted missile tests that put the U.S. mainland in range of its nuclear weapons.
The U.S. Coast Guard said it has medevaced five boaters who were injured after striking a decommissioned oil rig in the Gulf of Mexico, Sunday.Coast Guard watchstanders in New Orleans received a mayday call on VHF-FM Channel 16 at 12:03 a.m. from a boater stating multiple persons on board had suffered injuries after their vessel struck a decommissioned offshore rig 23 nautical miles southeast of
Singapore-based Keppel Corp said on Wednesday its offshore rig-building unit is on track to deliver in May what the shipbuilder said will be the first tugboat in southeast Asia that can run on liquefied natural gas (LNG). The vessel will be one of seven dual-fuel vessels the company is building, and will be able to run on LNG and diesel, a spokesman for Keppel said
Tokyo Big Sight Conference Tower hosted the Southeast Asia Maritime Summit yesterday as a part of the Sea Japan 2018 exhibition. The packed conference hall was the stage for executives from five major ship associations -- Indonesian National Shipowners’ Association; Thai Shipowners’ Association; Filipino Shipowners’ Association; Malaysia Shipowners’ Association; and the Singapore Shipping
Asia's oil and gas producers are starting to revive projects aimed at deflating years of ballooning energy imports after new investment dried up following the 2014 industry crisis. Spending has so far been driven mainly by state oil companies such as India's ONGC, Thailand's PTTEP and PetroVietnam, which need to produce more oil and gas to ensure their countries' energy security
From government to commercial to megayacht owners and everything in between, the BAE Systems ship repair yard in Jacksonville, Fla. is well-positioned to prosper. David M. Thomas, Jr.’s , who at the time of our interview was Vice President & General Manager, Southeast Shipyards, Ship Repair, BAE Systems*, explains. No matter where the conversation starts with David M. Thomas, Jr.
An alleged oil heist in Singapore that has already led to 20 arrests, the seizure of at least one tanker and allegations that thieves siphoned thousands of tonnes of fuel from Shell’s biggest refinery is shining a spotlight on an illegal trade worth tens of billions of dollars worldwide.
Over 500 ships waiting to load or unload coal; strong winter demand has driven coal, LNG and oil prices. Asian benchmark thermal coal prices have pushed to their highest levels since 2016, fuelled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside major coal ports.