The United States Coast Guard rescue crews are searching the Atlantic Ocean for a missing crew member suspected of having gone overboard from the 252-foot Chilean-flagged cargo vessel Berkay N during the vessel’s transit north of Puerto Rico. The missing crew member has been identified as Luis Leyva
Flex LNG, the company controlled by billionaire John Fredriksen, posted a net loss of US$0.5 million in the third quarter.
The board of the Australian Petroleum Production & Exploration Association (APPEA) re-elected Bruce Lake as chairman and Richard Owen as vice chairman on Thursday.
The video shows the launch of the fourth and last platform supply vessel Damen is building for the Canadian maritime services provider Atlantic Towing. Unlike the first three platform supply vessels which are identical in design and features, the fourth one is designed specifically for inspection, r
Claudio Descalzi, CEO of Italian oil company Eni, met Thursday with the Egypt president Abdel Fattah el-Sisi to discuss Eni’s operations in Egpyt. According to a statement by Eni issued on Thursday, special attention was given to Eni’s progress on the plan for the development of the giant Zohr gas d
SBI Offshore, a provider of engineering, fabrication and equipment solutions to the offshore and marine industry, has terminated its joint venture with Axon Energy Products Inc. (Axon), an oilfield services company headquartered in Houston. SBI Offshore and Axon formed the joint venture company Axon
Three Finnish ports Turku, Naantali and HaminaKotka, together with Swedish Port of Stockholm and shipping company Viking Line will invest EUR 8.1 million in an EU-supported joint project that includes plans for LNG bunkering.
Singapore’s Ministry of Trade and Industry (MTI) has extended Competition Block Exemption for Liner Shipping Agreements Order (BEO) for another five years until 31 December 2020. The BEO exempts liner shipping agreements (LSAs) from the prohibition against anti-competitive agreements under section 3
Belgian customs authorities have seized some 484 kilos of cocaine in the port of Antwerp, Belgium, the local media informed citing the Antwerp-based customs branch. As reported, the drugs were found on November 17th in rolls of plastic film hidden in container cargo on board a boxship identified as
The Australian Senate has voted down today the Turnbull Government’s amendment to the country’s shipping legislation that would have opened up the coastal shipping market to foreign ships and underpaid foreign crews. The Shipping Legislation Amendment Bill was defeated by three votes, 31 in total, a
World Wide Supply (WWS), a Norwegian offshore vessel owner, will not pay an interest payment due November 27, 2015. In an Oslo Bors filing on Thursday, the company said it was “in default of some of its obligations under the bond agreement.” The company said its available liquidity is limited and
GloMar Shipmanagement B.V. has bought the Fugro Commander, a DP shallow draft geotechnical vessel, and will convert it into a diving support vessel (DSV). GloMar Shipmanagement B.V. CCO Mark van der Star said: “We are in discussion with Fugro to mutually offer the vessel back to the market as Geotec
GloMar Shipmanagement B.V. has bought the Fugro Commander, a DP shallow draft geotechnical vessel, and will convert it into a diving support vessel (DSV). GloMar Shipmanagement B.V. CCO Mark van der Star said: “We are in discussion with Fugro to mutually offer the vessel back to the market as Geotec
GloMar Shipmanagement B.V. has purchased Fugro Commander, a Dynamically Positioned (DP) shallow draft geotechnical vessel. The vessel will be renamed Glomar Vantage, and will perform Diving and ROV operations for GloMar Subsea division. According to GloMar, it will be converted into a DSV with an on