Pacific contracts currently being negotiated by many transpacific exporters and importers are to be hit by further fall in rates during the second quarter of 2016, shipping consultancy Drewry expects. The forecast comes as ocean freight rates for cargo moving under contracts on the major East-West t
By Robert Sinclair Project Director at The Prospector The naming ceremony of the largest self-propelled jack-up vessel in the world, the Seajacks Scylla, took place at Great Yarmouth Port Authority last month and The Prospector magazine were given the opportunity to film and record exclusive footage
Adelaide-based Santos informed on Wednesday that Peter Hearl and Guy Cowan will be appointed to the Santos Board as independent non-executive directors.
The US Bureau of Ocean Energy Management (BOEM) will hold the next North Carolina renewable energy task force meeting on 19 April via a webinar. The sixth Nort Carolina task force meeting will focus on the request for information and proposed sale notice for commercial wind leasing offshore North Ca
London-based LNG engineer Amec Foster Wheeler named Eoin Quirke as president, Asia Pacific with immediate effect.
By Alex Lawler LONDON (Reuters) – Oil rose above $43 (30 pounds) a barrel to its highest level so far in 2016 on Tuesday, supported by hopes that a meeting of oil producers will agree steps to tackle a supply glut, and by a weak U.S. dollar and further signs of strong demand in China. […]
The containership Jan Van Gent ran aground in the St. Lawrence river, south of Yamachiche, Quebec, after a failure in its engine and steering caused the vessel to drift off the fairway, the Transportation Safety Board of Canada (TSB) confirmed. The 2009-built ship was refloated in the afternoon hour
Peter Coleman, CEO of Woodside, an Australian energy company, has called for a disciplined and staged approach to growth, in this time of the industry down cycle. Speaking at a conference in Australia, Coleman, the CEO of the company that last month decided to shelf the Browse FLNG project, acknowle
Japan’s price of spot liquefied natural gas cargoes arriving in March averaged US$6.8 per mmBtu on DES basis.
The 29 LNG carriers, including the FSRU Golar Tundra, delivered in 2015 far outweighed additional shipping requirements from the additional 4.7 MT of incremental LNG trade, exacerbating the oversupply in the LNG shipping market, according to the latest report from the International Gas Union (IGU).
Blue Water Shipping (BWS) has delivered all three transformer units built for Vattenfall’s 400MW Horns Rev 3 offshore wind farm to the Port of Esbjerg. BWS is also in charge of storing the transformers, and their subsequent loading and transport to the installation site. Apart from taking care of th
Blue Water Shipping (BWS) has delivered all three transformer units built for Vattenfall’s 400MW Horns Rev 3 offshore wind farm to the Port of Esbjerg. BWS is also in charge of storing the transformers, and their subsequent loading and transport to the installation site. Apart from taking care of th
International Gas Union’s 2016 World LNG Report released on Tuesday reveals the global liquefied natural gas industry is set to grow along with playing a key role in expanding access to natural gas in the world’s future energy mix.
The Port Authority of New York and New Jersey has launched steps aimed at charting its growth path for the upcoming period. Namely, the port authority has issued a request for proposals for a planning consultant to develop a long-range Maritime Master Plan to guide future growth and development of t
