Yemeni Port of Aden is fully ready to receive containers and other cargo traffic as a result of the stabilization of security in the region, Yemen Gulf of Aden Ports Corporation said on March 17. During 2015 and 2016, Aden Container Terminal has been receiving all containers that could not reach oth
The shipping industry is looking for ways to return to faster expansion in volumes as the slowdown in volume growth since the financial crisis focussed the industry’s thoughts on potential barriers to healthy long-term trade growth, according to Clarksons. From 1988 to 2008, growth in world seaborne
Members of Scotland’s biggest offshore trade union Unite have once again voted to reject a pay offer by their employers thus moving a step closer to a potential strike action. The union said in a statement on Monday that, in a consultative ballot, 81 per cent of its members voted to reject the lates
Repsol Sinopec UK has resumed production from its Montrose platform offshore the UK following a sheen discovered nearby. In a statement sent to Offshore Energy Today, the company’s spokersperson said that following following identification of a sheen in the vicinity of the Montrose-Arbroath subsea p
The state-owned Sonatrach named Abdelmoumen Ould Kadour as the company’s new chief executive officer.
Following news that BP was in talks with the petrochemical company Ineos over the sale of the Forties oil pipeline in the UK sector of the North Sea, UK’s trade union Unite has responded with demands for urgent government inquiry. BP confirmed on Friday it was in talks with Ineos for the sale of the
The world could see as much as 237MW of floating offshore wind capacity installed by 2020, according to Bloomberg New Energy Finance (BNEF).
Singapore based Ultra Deep Solutions (UDS) has held a keel laying ceremony for the multipurpose diving support and construction vessel ‘Andy Warhol’ at Wuchang Shipbuilding’s yard in China. The DP2 vessel, of MT6023 design, will be equipped with an 18-men diving system for operations down to 300 met
WSP Parsons Brinckerhoff has been contracted by National Grid North Sea Link to provide cable manufacturing quality and inspection services on the EUR 2 billion interconnector between Norway and UK. National Grid North Sea Link and Statnett are working together on the construction of a 1400 MW subse
India’s imports of liquefied natural gas (LNG) rose 19.2 percent in February as compared to the same month a year ago. India imported 2.13 billion cubic meters or about 1.57 million mt of LNG in February, as compared to 1.78 Bcm in the same month in 2016, according to the data from oil ministry’s Pe
British oil major BP is working on restoring power at its North Sea platform following an outage over the weekend. A BP spokesperson confirmed to Offshore Energy Today that there was a power outage on the Clair platform at approximately 5.45am on Saturday. This resulted in a partial down man of non-
Singapore-listed vessel builder Nam Cheong might not have a very bright future. This is according to the company’s independent auditors. BDO LLP, the auditor, reviewed Nam Cheong financial results for the year ended December 31, 2016. The auditor said: “We draw attention to Note 4 in the financial s
South Korea’s Kogas said Monday that it started the commissioning process of three liquefied natural gas (LNG) storage tanks at its Samcheok receiving terminal located some 290 kilometers east of Seoul. The first of the three 270,000-cbm Samcheok LNG storage tanks is expected to enter into commercia
After Avangrid Renewables, which recently built North Carolina’s first onshore wind farm, won the rights to develop an offshore wind project off Kitty Hawk for more than USD 9 million, the American Wind Energy Association (AWEA) hailed the potential effect of the offshore wind industry on the state’
