Point Fortin LNG Exports has reportedly issued two single liquefied natural gas cargo tenders to be loaded on September 23 and September 24, respectively.
Gulf Marine Services (GMS), a UAE-based provider of self-propelled self-elevating support vessels (SESVs), on Tuesday reported a rise in its 1H 2015 revenue. Namely, GMS’ revenue was $98.2 million, up from $90.7 million a year ago. The company’s net profit also rose to $35 million, up from $33.1 mil
Bosphorus Strait has been closed to marine traffic today after a general cargo ship lost propulsion and blocked the shipping lanes near the first bridge area, according to GAC. The 94-metre, Malta-flagged vessel M/V Lady Hayat suffered an engine malfunction while en route from Turkey’s Port of Tuzla
Bosphorus Strait has been closed to marine traffic today after a general cargo ship lost propulsion and blocked the shipping lanes near the first bridge area, according to GAC. The 94-metre, Malta-flagged vessel M/V Lady Hayat suffered an engine malfunction while en route from Turkey’s Port of Tuzla
Rotterdam-based storage tank company Vopak said it has recently boosted its stake in Gate LNG terminal in the Netherlands. “Vopak increased its share in the LNG joint venture Gate Terminal from 47.6% to 50.0%,” the company said in its half-year report. The main shareholders in the first Dutch LNG te
MAKE’s Q3/2015 Global Wind Power Market Outlook Update presents an analysis of global and regional wind power installation forecasts through 2024. Firm order intake in H1 increased by 34% YoY to nearly 25GW. Overall demand in China accounted for more than a third of global order intake in H1 and n
The world’s biggest bunkering port Singapore has recorded a major fall in prices of heavy fuel oil closing in on ten-year lows from 2015. The nosedive in marine fuel prices follows suit of dwindling oil prices that stand at below $40 per barrel. Namely, Singapore 380 cst bunker fuel stood at $209 pe
The world’s biggest bunkering port Singapore has recorded a major fall in prices of heavy fuel oil closing in on ten-year lows from 2015. The nosedive in marine fuel prices follows suit of dwindling oil prices that stand at below $40 per barrel. Namely, Singapore 380 cst bunker fuel stood at $209 pe
Norwegian owner of offshore support vessels Solstad has today confirmed what has earlier been reported in the Norwegian media. Namely, the company said in its quarterly report that it would be laying up 10 more vessels, 13 in total, citing tough market conditions, which would, in turn, mean that aro
Sea Shepherd’s anti-whaling activist vessel Bob Barker, which arrived in the Faroe Islands on Monday, August 24, and its 21 crew members have been denied entry to the country. The police made the decision with a basis in immigration legislation and in the interests of maintaining law and order, the
Sea Shepherd’s anti-whaling activist vessel Bob Barker, which arrived in the Faroe Islands on Monday, August 24, and its 21 crew members have been denied entry to the country. The police made the decision with a basis in immigration legislation and in the interests of maintaining law and order, the
CWind, a provider of integrated services to the wind industry, has won a 3-year contract to supply crew transfer services during the operations and maintenance (O&M) phase at Gunfleet Sands offshore wind farm (OWF) off the coast of Essex. The CWind Challenger will be transferring technicians and equ
In this week’s infographic we presents to you the Highest Valued Company operating in the tanker market. The company that tops the extensive list of tanker owners and operators is Monaco-based Scorpio Tankers, boasting a fleet worth USD 3.3 billion. Scorpio Tankers owns 78 tankers with an average ag
In this week’s infographic we presents to you the Highest Valued Company operating in the tanker market. The company that tops the extensive list of tanker owners and operators is Monaco-based Scorpio Tankers, boasting a fleet worth USD 3.3 billion. Scorpio Tankers owns 78 tankers with an average ag
