Monthly Archives: September 2017

Scorpio Tankers has agreed to sell and leaseback five 2012 built MR product tankers (STI Amber, STI Topaz, STI Ruby, STI Garnet, and STI Onyx) to Bank of Communications Financial Leasing  (Bocomm Leasing). As of today, three of the five transactions have been completed…

Post Hurricane Harvey recovery efforts continue at Port Corpus Christi following the Category 4 Hurricane’s devastating strike to the Texas Coast. The full 47-foot (MLLW) draft of the ship channel is open to vessels, and the daylight only transit restriction was removed.

Recently NBS Maritime B.V. commenced business operations in the Netherlands, becoming the first NBS office in Northwestern Europe as the company expands its regional reach to serve directly vessels at key ports in the region. NBS NL will cater…

The Military Sealift Command hospital ship, USNS Comfort (T-AH 20), departed Naval Station Norfolk today and is now underway and making final preparations to support relief efforts in the aftermath of Hurricane Maria in Puerto Rico. USNS Comfort can ar...

World Maritime Day (28 September) has been marked around the world in a series of events and celebrations led by International Maritime Organization (IMO) from its London headquarters. Seafaring nations, coastal states and the shipping industry staged conferences…

The U.S. Navy has awarded General Dynamics Bath Iron Works funding for the planning and construction of two Arleigh Burke-class destroyers, DDG 126 and DDG 127. The contract modification fully funds the two ships. DDG 126 was awarded under the…

Keppel Offshore & Marine's (Keppel O&M) wholly owned subsidiary Keppel FELS Brasil's BrasFELS shipyard in Brazil has delivered the Cidade de Campos dos Goytacazes MV29, a Floating Production Storage and Offloading (FPSO) vessel, to repeat customer MODEC Offshore Production Systems (Singapore) Pte.

A six meter long, 2.4 ton model of the final design of the autonomous and fully electric container vessel Yara Birkeland was revealed as testing commenced at SINTEF Ocean’s 80 meter test tank facility in Trondheim, September 28, 2017. It was also revealed that ENOVA…

Unexpectedly strong demand from China, along with rising oil and coal prices, should keep Asian liquefied natural gas (LNG) spot levels buoyant this winter. Despite rising supplies from new plants, spot prices have risen by 55 percent from their…