International Maritime Industries (IMI), which describes itself as the largest shipyard in the MENA region, and offshore construction firm Lamprell on Tuesday announced the successful completion of the load-out and float-off of the first jackup drilling unit being constructed for IMI.
An autonomous containership was recently trialed in the congested waters off Japan's east coast, marking another stepping stone on the path toward full-scale commercial adoption of autonomous vessel technologies.The 749-gross-ton vessel Suzaku, powered by artificial intelligence (AI) and deep learning technologies from Israel-based Orca AI
China National Offshore Oil Company (CNOOC) has awarded 16 billion yuan ($2.42 billion) worth of contracts to build 12 liquefied natural gas tankers, the largest of their kind in the country, the company said on Thursday.China is the world's largest buyer of the super-chilled gas, while CNOOC is the country's largest importer of the fuel and among the state majors leading a drive to expand their
Singapore-based heavy lift and bulk shipping company AAL Shipping announced it has increased the number of vessels in its latest newbuild series from four to six.In November 2021, AAL announced the launch of its third-generation newbuilding plan with the initial order of four 32,000 deadweight (DWT) Super B-Class multipurpose vessels from China’s Guangzhou Wenchong Shipyard.
Senegal President Macky Sall on Monday laid the foundation stone for the construction of a $1.13 billion deep-water port being developed by Dubai's state-owned port operator DP World at Ndayane, around 50 km (31 miles) south of the capital Dakar.DP World Dakar, a joint venture between the Dubai-based logistics provider and the Port Authority of Dakar (PAD)
A ceremony held at Fincantieri Bay Shipbuilding on Thursday marked the launch of the first U.S.-flagged Great Lakes bulk carrier to be built in nearly four decades. The 639-foot Mark W. Barker, currently under construction for Ohio-based The Interlake Steamship Company, was floated in the large drydock at the Sturgeon Bay, Wis. shipyard.
Russia plans to begin year-round shipping via the Northern Sea Route that passes through the Arctic in 2022 or 2023, Deputy Prime Minister Yuri Trutnev said on Monday.Russia has invested heavily in infrastructure to develop the Northern Sea Route and wants it to become a major shipping lane as the Arctic warms at a faster rate than the rest of the world.
The 210,000-dwt ton capesize bulker Cape Brolga has been delivered from Japan Marine United Corporation's Tsu shipyard to Kawasaki Kisen Kaisha, Ltd. (“K” Line).The newbuild will carry iron ore and coal for JFE Steel Corporation under a long-term consecutive voyage charter contract.
More than 80% of oil production in the Gulf of Mexico remains shut in after Hurricane Ida, a U.S. regulator said on Monday, more than a week after the storm made landfall and hit critical infrastructure in the region.Energy companies have been struggling to resume production after Ida damaged platforms and caused onshore power outages. About 1.
Canadian dry-bulk shipping company Fednav Limited on Thursday announced it has signed an agreement with Sumisho Marine Co., Ltd. (Sumitomo Corporation Group) and Oshima Shipbuilding to build 10 new oceangoing lakers. The ships will be built at Oshima shipyard in Japan, with the first vessel expected to be delivered in mid-2023.
Japan has been largely forgotten as a source of demand for energy commodities, overshadowed by the rapid rise of China, but the country's new electricity generation targets will shake the market up.For many years Japan has been viewed as a largely steady source of demand for liquefied natural gas (LNG) and thermal coal used in power generation
Missouri prosecutors filed state charges on Friday against three employees involved in a 2018 boat accident on a lake in the tourist town of Branson in which 17 people were killed.Kenneth McKee, the boat's captain, and managers Curtis Lanham and Charles Baltzell each face 17 counts of first-degree involuntary manslaughter for taking the World War Two-style duck boat out in stormy weather.