UK-based boat builder South Boats IOW Ltd has launched the 23m catamaran Seacat Magic ordered by the compatriot offshore energy crew transfer vessel operator Seacat Services back in February 2015. Seacat Sevices placed the GBP 6 million order for the construction of two identical, DNV-GL class-certi
In 2015, LNG imports in Japan, South Korea, China and Taiwan reached a total of 152.8 Mt, which represents a 3.9% decrease compared to 2014 (159 Mt), according to the international association for natural gas, Cedigaz. The drop was steady throughout the year, even though it slowed down in the fourth
Det norske, a Norwegian oil exploration and development company, has decided to decommission the Jette field, offshore Norway, after only three years of production. The Jette field is located in the Norwegian sector of the North Sea. The production from the field started on May 19, 2013, and it was
Petronet LNG, India’s largest importer of chilled gas, posted a 10 percent higher quarterly profit as volumes rose at its Dahej import terminal. The LNG company’s net profit stood at 1.78 billion rupees in the fourth quarter of 2015, as compared to 1.62 billion rupees a year before. Petronet LNG sai
Dutch firm SBM Offshore is again being investigated by the U.S. Department of Justice. The provider of FPSO vessels for oil and gas industry this week said that the United States Department of Justice had informed SBM Offshore that it re-opened its past inquiry of the company and “has made informati
A court in Nigeria has ordered the release of nine seafarers that were held in the country since the arrest of their ship in March 2015. The ship ‘Melilli’, also known as ‘Asteris’, was arrested in March 2015 in Nigeria on charges of illegal oil trading. Some of the seafarers were imprisoned, and ot
US ports, rated by Fitch Ratings, have neither designated facilities for weighing containers nor the systems for the verification of container weights, the rating agency said, putting to question their ability to implement the International Maritime Organization’s requirements on verifying weights o
The US Federal Maritime Commission is scheduled to host a public hearing on the amendments to the International Maritime Organization’s Safety of Life at Sea (SOLAS) treaty that will require container weight verification before cargo is loaded on container ships. The hearing will be held on February
Operations on the removal of diesel oil from the capsized jack-up barge Sea Worker started on February 11, 2016. A2SEA’s Sea Worker, equipped to operate in the offshore wind sector, capsized on February 03 off the Coast of Hvide Sande, Denmark. The capsizing occurred due to harsh weather on the site
It is not every day that a mega containership such as CSCL Indian Ocean gets stranded. Therefore, in order to pull such a boxship free it is necessary to employ quite an armada. The video shows the refloating operation of the 2015-built vessel, one of the world’s biggest boxships, conducted on Tuesd
The Offshore Wind Accelerator (OWA) has published a new report to inform industry on how to apply the Cable Burial Risk Assessment Guidance (CBRA), following its launch in 2015. The new Application Guide for the Specification of the Depth of Lowering using CBRA explains how the probabilistic methodo
Chemical shipping freight rates for both contracts of affreightment and spot cargoes will be under pressure throughout 2016, as there are some new operators looking to break into the long-haul trade routes, according to Drewry’s Chemical Forecaster. The prediction comes on the back of low bunker pri
Harvey Gulf, a marine transportation company providing offshore supply and multi-purpose support vessels, has opened what the company says is the first marine LNG fueling terminal in North America. Less than a year after the delivery of the M/V Harvey Energy, America’s first LNG-powered vessel, Harv
Eight oil companies have been awarded offshore acreage across fourteen blocks in Ireland’s latest licensing round. The companies have won two-year licensing options over the blocks offered. The round focuses on an area in the southern Porcupine Basin, where a number of applications included commitme
