Tanker owners need to adapt to the stricter requirements for cleaning vessels for hot works prior recycling amid harsher ship recycling requirements across the South Asia subcontinent, Global Marketing Systems (GMS), a cash buyer of ships for recycling, warned. Earlier this year, tragic accidents ab
Egypt is reportedly planning to significantly scale down imports of liquefied natural gas (LNG) in the current financial year as its domestic gas production continues to rise. Egypt aims to import 80 cargoes of the chilled fuel during the 2017-18 financial year that began in July, Reuters reported o
Repsol Sinopec Resources UK has informed that the Buchan Alpha oil production vessel has arrived in Lerwick, Shetland for disposal. The contract for dismantling and recycling of the Buchan Alpha unit was awarded to Veolia back in June. Veolia is working on the project with its strategic partner in d
London-based V.Group, a marine and offshore vessel management and support services provider, has acquired Graig Ship Management, part of Graig Shipping, in an effort “to strengthen dry bulk capability in China and Western Europe.” As informed, Graig Ship Management will continue to operate independe
The members of THE Alliance are looking to form a contingency fund which would protect them in case one of the parties experiences financial distress or insolvency, the US Federal Maritime Commission informed. Parties to THE Alliance agreement, including Hapag-Lloyd, K Line, Mitsui O.S.K. Lines, Nip
International Association of Dredging Companies (IADC) has just revealed another nominee for its Safety Award 2017, the DEME – Worldwide Safety Stand Down. Launched in 2015, the IADC Safety Award is intended to encourage the development of safety skills on the job, rewarding people and companies dem
Researchers at the U.S. Department of Energy’s Pacific Northwest National Laboratory (PNNL) are developing a thermal imaging technology to track birds and bats in and around offshore wind farm zones.
Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported profit of $3.6 million for the three-month period ended June 30, 2017. This result compares with quarterly profit of some $7.8 million in the corresponding period in 2016 (close to 54% dec
The Inpex-operated Ichthys LNG Project’s floating production, storage and offloading (FPSO) facility, the Ichthys Venturer has arrived in Australian waters.
Sander Dekker, sustainability manager at Van Oord, has confirmed his participation to our first Dredging Today Conference (DTC). During the event, Dekker will take part in the session ‘Climate Change and Its Impact on Dredging’. DTC, set to take place on 9 and 10 October 2017 at Amsterdam RAI, will
The Inpex-operated Ichthys LNG Project has marked another milestone with the arrival of its floating production, storage and offloading (FPSO) facility in Australian waters on Monday. The 336 meters long, 59 meters wide, ship-shaped facility, named Ichthys Venturer, will be permanently moored in the
U.S. oilfield services company Deep Down posted a profit for the second quarter of 2017 compared to a loss in the prior-year period despite decrease in revenues. The company on Monday reported a net income of $0.5 million for the second quarter of 2017, compared to a net loss of $0.5 million for the
Qatargas, the world’s largest LNG producer, shipped its first Q-Max cargo of liquefied natural gas to Thailand under the sale and purchase agreement signed with the state-owned PTT.
The town of Surfside Beach, SC, has just released the latest update on their beach fill project, saying that the Great Lakes Dredge and Dock Company (GLDD) is now beyond the northern limits of the town and will proceed north to the Myrtle Beach City limits. This should take approximately 20-25 days,
