The Liberian Registry, which holds the position of the second largest ship registry in the world, behind Panama, in terms of numbers of ships and gross tonnage, has passed the historic milestone of 150 million gross tons. Following registration of the 43,301 gross ton bulk carrier SBI Jive, owned by
South Korean shipbuilders could see a return to the container crane market, Yonhap News Agency cited industry sources as saying. The announced move comes as the Busan Port Authority (BPA) is considering plans to order a number of gantry cranes from compatriot shipyards. The cranes are reportedly int
Norwegian oil major Statoil has expanded its international offshore acreage portfolio by taking part in offshore lease sales in the UK and the US. In the U.S., the company was deemed the high bidder on 13 leases in the central region Gulf of Mexico lease sale 247, which took place on Wednesday, Marc
The Norwegian Petroleum Directorate (NPD), a government agency that manages oil and gas resources, has granted consent for continued use of the subsea facilities on the Sigyn field in the North Sea from the end of 2017 until the end of 2022. The licensees in Sigyn are ExxonMobil, the operator, with
China, world’s largest energy consumer and the third-biggest LNG importer, boosted its imports of the chilled fuel in February by 28.5 percent year-on-year. China’s LNG imports increased to 2.37 million mt in February when compared to 1.85 million mt in the same month in 2016, according to the Gener
The International Gas Union (IGU) latest report highlighted the detrimental impact of marine transport on air quality levels, emphasizing the positive role LNG can play in combatting these impacts as an alternative and cleaner fuel for shipping.
Italian oil company Eni has informed it has “successfully drilled” the Amoca-2 well in the shallow waters of Campeche Bay, offshore Mexico, confirming the presence of oil in multiple reservoirs. Amoca-2 is the first well drilled by an international oil major in Mexico since the 2013 Energy Reform. I
U.S. Coast Guard boat crew medevaced a 45-year-old man from an offshore supply vessel (OSV), 14 miles off the Texas Point Wildlife Refuge on Wednesday morning. The Coast Guard said on Wednesday that, at approximately 7:45 a.m., the Coast Guard Sector Houston-Galveston received a report from the 120-
The government of British Columbia is looking to support investments by natural gas utilities to increase the use of LNG in the transportation, marine and other sectors and reduce greenhouse gas (GHG) emissions.
A total of 28 offshore oil and gas companies took part in the latest offshore lease sale offering acreage in the central part of the U.S. Gulf of Mexico. The Lease Sale 247, first under the Trump administration, garnered $274.8 million in high bids for 163 tracts covering 913,542 acres in the Centra
UK-based oil and gas company Rockhopper Exploration has started international arbitration proceedings against Italy in relation to the offshore Ombrina Mare project. The Ombrina Mare is an appraisal/development project located off the Abruzzo, a region in Italy, in the shallow waters of the Central
Japan’s JERA, the world’s largest corporate liquefied natural gas (LNG) buyer, has signed a deal with South Korea’s Kogas and China’s CNOOC Gas and Power Trading & Marketing to cooperate in the LNG business and to secure more flexible contracts. Under the memorandum of understanding, the trio would
The South Korean government managed to lift the wreck of the ferry Sewol in the morning hours of March 23 following overnight salvage operations, according to the country’s Ministry of Oceans and Fisheries. The hull of the vessel, which sank three years ago with over 300 people on board, was some 6
GasLog, an international owner, operator and manager of LNG carriers, raised $250 million through its latest public offering.
