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Monthly Archives: October 2016

Man Rescued Off Rhode Island Coast

The Coast Guard and Jamestown Police Department rescued a 60-year-old man Sunday off Fort Wetherill, Rhode Island after he fell off his sailboat. At approximately 12:20 a.m., Coast Guard Station Castle Hill received a call from Jamestown Police…
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India in Global Hunt for LNG

India is scouting for new liquefied natural gas (LNG) contracts globally as part of a push to secure cheap supplies for its under-utilized gas-fired power plants, reports Bloomberg. Australia, Qatar and Iran could all act as potential suppliers of long-term LNG contracts…
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How Does Shipping’s Accumulator Look Now?

Clarksons Research Analysis examines the cumulative impact of different sectors in shipping industry and how have they fared better or worse at various points along the way. So how would a vessel delivered into the eye of the financial storm in late 20...
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Mumbai Port Trust Plans Luxury Cruise Terminal

The Mumbai Port, one of the oldest in India, will be investing Rs 225 crore ($33.68) to build a modern passenger terminal that can cater to cruise ships, reports PTI. "We have identified cruise shipping as a focus area, which can help the city as well.
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EU Welcomes Progress in Tackling Maritime Emissions

The European Commission welcomes progress made this week within the International Maritime Organisation (IMO) to address greenhouse gas emissions in the maritime sector. IMO notably adopted a global and mandatory system to collect fuel consumption data...
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European Shipowners Welcome IMO Decision on Emission

The 70th session of the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) concluded today (October 28) with a decision on defined tasks and timelines to reduce greenhouse gas (GHG) emissions from ships.
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Woodside Buys ConocoPhillips’s Senegal interests

Woodside completed the transaction to buy 100% of the shares in ConocoPhillips Senegal B.V. The total purchase price was US$350 million plus net customary adjustments of approximately US$90 million. Woodside CEO Peter Coleman said the acquisition…
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