Crowley Maritime Corp. appointed four industry veterans to oversee the consolidated lines of business under the recently formed Crowley Shipping group, which provides petroleum and chemical transportation, commercial ship management, offshore…
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Marine News’ Top 10 Stories of 2017
Plucked from the headlines, the top stories of 2017 were compelling, and each provided impact to the domestic waterfront and in particular – the workboat sector. Follow along as Marine News recaps the highlights, drama and significant events that shaped the past 12 months.
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Metal Shark Bags Pilot Boat Build Contracts
Metal Shark said it has its sights locked on the pilot boat market, with two new vessels from its range of custom-configurable pilot boat offering currently under construction. The Louisiana-based shipbuilder is building a 45-foot Defiant Pilot…
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Seychelles Charges Six Somali Pirates
Six Somali nationals have been charged in the Republic of Seychelles for attempting and committing acts of piracy in the Indian Ocean, the Seychellois Attorney General announced on December 18. The suspected pirates were apprehended in November…
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Qatargas Inks Deal to Deliver LNG to Austria’s OMV
State-run Qatargas on Wednesday agreed a sale and purchase deal with Austrian oil and gas group OMV to deliver up to 1.1 million tonnes of liquefied natural gas annually for five years. From January 2019, the gas will be provided by Qatar Liquefied Gas Co…
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SBM Offshore Completes FPSO Liza Financing
SBM Offshore said it has secured the $720 million project financing for FPSO Liza through a consortium of 12 international banks, completed on December 19, 2017. SBM Offshore said it expects to draw the loan in full, phased over the construction period...
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Wah Kwong Maritime’s Chao is 2018 CMA Commodore
Award to be presented March 14, 2018 at the conclusion of the CMA’s Shipping 2018 Annual Conference and Exposition. Ms. Sabrina S. M. Chao, Executive Chairman of Wah Kwong Maritime Transport Holdings Ltd. has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2018. Ms.
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China, Australia Ports Clogged as Coal, Ore Demand Soars
Around 300 ships caught in jam that would stretch 40 miles; freight rates for biggest coal, ore carrier hit 3-yr high. More than 300 large dry cargo ships are having to wait outside Chinese and Australian ports in a maritime traffic jam that…
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Saudi-led Coalition: Air Strikes Keep Port Open
More than 10,000 people killed in Yemeni conflict. The Saudi-led coalition fighting in Yemen said on Wednesday it would keep Yemen's Houthi-controlled Hodeidah port open for a month, despite a fresh missile attack at Riyadh, but it kept up air strikes ...
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U.S. lifts funding ban on studies that enhance dangerous germs
CHICAGO (Reuters) - The U.S. government on Tuesday lifted a 2014 temporary ban on funding research involving the flu and other pathogens in which scientists deliberately make them more transmissible or more deadly.
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