The Sustainable Energy Authority of Ireland (SEAI) has awarded ORPC Ireland, Ltd. funding to conduct a feasibility assessment to identify tidal energy opportunities suitable for development in the coastal waters of County Donegal, Ireland. Through its Ocean Energy Prototype Development Fund, SEAI se
The twenty-four crew members of the Panamanian-flagged bulker Focomar have been rescued after taking refuge on a small island west of Socotra a few days earlier. The crew abandoned their vessel in a lifeboat after MV Focomar suffered engine problems at sea early last week. The 2011-built bulker was
The twenty-four crew members of the Panamanian-flagged bulker Focomar have been rescued after taking refuge on a small island west of Socotra a few days earlier. The crew abandoned their vessel in a lifeboat after MV Focomar suffered engine problems at sea early last week. The 2011-built bulker was
China’s Shanghai Salvage-led consortium started underwater operations on the Sewol ferry recovery. According to media reports, divers from Shanghai Salvage are carrying out inspections to get better insight into the condition of the sunken ferry. The Sewol ferry sank more than a year ago en route fr
Yemen’s fourth largest port Hodeidah, located on the Red Sea, was bombed on Monday, August 17th, in Saudi-led air strikes. Hodeidah, is controlled by the Houthi militias and allied army units loyal to former president Ali Abdullah Saleh. According to GAC, the airstrikes targeted the port’s berth no.
Yemen’s fourth largest port Hodeidah, located on the Red Sea, was bombed on Monday, August 17th, in Saudi-led air strikes. Hodeidah, is controlled by the Houthi militias and allied army units loyal to former president Ali Abdullah Saleh. According to GAC, the airstrikes targeted the port’s berth no.
A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of Drewry’s Tanker Forecaster. Tanker owners have enjoyed high freight rates over the recent period, particularly in the dirty tanker market,
A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of Drewry’s Tanker Forecaster. Tanker owners have enjoyed high freight rates over the recent period, particularly in the dirty tanker market,
Having trouble with your parallel parking? How about parking a ship in a specifically designated lot with little room for maneuvering, where scratching your vessel a tad is not an option? Navigating a vessel through limited space is a challenging task, requiring nerves of steel, even though this vid
Having trouble with your parallel parking? How about parking a ship in a specifically designated lot with little room for maneuvering, where scratching your vessel a tad is not an option? Navigating a vessel through limited space is a challenging task, requiring nerves of steel, even though this vid
Liquefied natural gas (LNG) carrier freight rates have come under severe pressure due to rising fleet supply and stabilising LNG demand, as Japan prepares to restart its nuclear power plants. Despite the general market belief that new LNG supply from Australian projects will provide ample employment
Liquefied natural gas (LNG) carrier freight rates have come under severe pressure due to rising fleet supply and stabilising LNG demand, as Japan prepares to restart its nuclear power plants. Despite the general market belief that new LNG supply from Australian projects will provide ample employment
Hillary Clinton, a Democratic candidate for the President of the United States, has expressed her concern over plans to drill for oil in the Arctic. “The Arctic is a unique treasure,” Hillary Clinton said in a tweet that came one day after Obama’s administration allowed Shell to drill into oil-beari
NYC-based PIRA Energy Group believes that the return of Japanese nuclear capacity, surging Asian LNG supply, and the weakness of crude prices does not bode well for Atlantic Basin flows to Asia.
