Tankers that had been scheduled to install emissions-cutting equipment ahead of stricter pollution standards starting in 2020 have deferred their visits to the dry docks to capitalize on an unexpected surge in freight rates, three trade sources said.U.S. sanctions on subsidiaries of vast Chinese shipping fleet Cosco in September sparked a surge in global oil shipping rates as traders scrambled
Drilling wells more than three miles deep in the late 1960s was something that GHK Company and partner Lone Star Producing Company believed would product massive amounts of natural gas. The two companies that began this project discovered in 1974 that South of Burns Flat in Washita County their Bertha Rogers No. 1 rig would reach almost six miles deep, following a deep-sea fishing trip.
Two new dual-fueled tankers capable of operation using clean-burning Methanol, Mari Couva and Mari Kokako were named at the Hyundai Mipo Dockyard (HMD) by owners Marinvest and Waterfront Shipping.The Methanol Institute has welcomed the launch of the 49,000dwt product tankers.“The launch of the Mari Couva and Mari Kokako is a milestone for the acceptance of Methanol as a safe and reliable marine
Exxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex injuring 37 people and sending nearby residents indoors.As many as 37 people were being treated for non-life threatening injuries amid efforts to put out the fire, according to Exxon spokeswoman Sarah Nordin.
Alabama's historic Gee's Bend Ferry recently entered service after being converted from geared-diesel to become the first zero-emission, electric-powered passenger/car ferry in the United States. Owned by the Alabama Department of Transportation (ALDOT) and operated by HMS Ferries, the 15-vehicle/132-passenger ferry runs on the Alabama River between Camden and Boykin, AL.
A plasma-burning machine cut the first steel plate that will be used to build Columbia (SSBN 826), the lead ballistic missile submarine. As Newport News continues its digital transformation, the event also marked the first class of submarines that will be built using fully digital blueprints.“Today is a historic day,” said Jason Ward, Newport News’ vice president for Columbia-class construction.
Two yard workers have died and five others were severely injured yesterday (May 15) in a major explosion on board beached vessel at a shipbreaking yard in Chittagong, Bangladesh, said the NGO Shipbreaking Platform.At around 8:30 AM, a fire broke out on board the vessel BUNGA KELANA 4, beached at Mahinur Ship Breaking yard, also known as Premium Trade Corporation.
Cruise line Royal Caribbean International officially took delivery of the 26th ship in its fleet, 169,000 grt Spectrum of the Seas, in a ceremony Thursday in Bremerhaven, Germany.The first ship in the Quantum-Ultra class, the Meyer Werft built Spectrum of the Seas measures 347.1 meters long and 41.4 meters wide.
Tim Protheroe, with more than 40 years of industry experience, was tapped to head North American activities for Bureau Veritas Marine & OffshoreProtheroe was officially named Regional Chief Executive, Marine & Offshore, North America, providing leadership in the United States and Canada.
The Port of Fujairah in the UAE, one of the world's largest bunkering hubs, has begun offering cleaner marine fuel oils that comply with stricter global emissions rules which come into effect at the start of 2020, a port document showed.Bunker fuel with a maximum 0.5 percent sulfur content are "available in Fujairah as early as February 2019 onwards
The sound part of the vessel Maersk Honam, which was hit by a serious fire last year, is being transported to Hyundai Heavy Industries Shipyard in South Korea, where it will be rebuilt. The sound section of Maersk Honam was successfully loaded aboard the heavy-lift vessel Xin Guan Hua on open waters outside Dubai (UAE) on Saturday, 2 February.
The German shipping line Hapag Lloyd said on Sunday it had evacuated the crew from its container ship, the Yantian Express, off Canada's east coast after a fire spread."Due to bad weather conditions, the fire has not been successfully contained yet and has significantly increased in intensity at times," the firm said in a statement on Sunday.