Monthly Archives: October 2017

Notwithstanding the recent surge in crude oil prices, it isn’t lost on anyone that the offshore oil exploration business is, and has been for some time, in the doldrums. In the U.S. Gulf, that pain can be seen through Chapter 11 filings and…

On the waterfront, it all depends. It is well established that workplace safety and productivity can be compromised, not just by the use of illicit substances and alcohol, but also by the use of prescription drugs. Federal law, however, imposes…

Golar LNG Limited said today that its floating liquefied natural gas (FLNG) vessel Hilli Episeyo departed Singapore for Cameroon earlier than anticipated, leaving at 10 a.m. local time on October 12. Hilli Episeyo was scheduled to leave Singapore between October 15 and October 20…

Two Minerva class corvettes decommissioned by the Italian Navy have been delivered to the Bangladesh Coast Guard (BCG) following upgrade and conversion at the Fincantieri shipyard in Muggiano, La Spezia. Urania and Danaide, renamed Karamuzzaman and Mansoor Ali…

U.S.-flag Great Lakes freighters (lakers) moved 10.1 million tons of cargo in September, an increase of 10.7 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. September’s shipments also bettered the month’s long-term average by 3.1 percent, or 300,000 tons.

National Ocean Industries Association (NOIA) president Randall Luthi weighs in after the House Natural Resources Committee held a hearing on offshore development and introduced the Accessing Strategy Resources Offshore (ASTRO) Act. Today’s hearing…

Life Cycle Engineering (LCE) said it has been awarded a $18.7 million, five-year contract from Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNSY & IMF) to continue to provide Code 200 with engineering services in support of critical submarine maintenance availabilities.

Marine functions at South Africa’s largest port have partially resumed after severe weather halted operations and caused heavy damages at the port earlier this week. The Transnet National Ports Authority (TNPA) said the storm blew containers into the bay…

Glencore looks set to cement its position as the world's second-largest oil trader as it tries to offset low volatility and tight margins with record volumes this year, its global head of oil, Alex Beard, told Reuters. The London-listed commodities…