The Intermodal Association of North America has created a resource center, available on its website, to provide a wide range of information for prospective intermodal users and those who are new to the industry. The Intermodal Freight Resource Center offers educational tools…
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BHP Billiton Okay $2.2 bln Investments in Gulf of Mexico
BHP Billiton has announced that the Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico. BHP Billiton holds a 23.9 per cent participating interest in the Mad Dog field.
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Peterson to Develop New Port Cameron
International energy logistics provider Peterson is to partner with Port Cameron in Louisiana to develop a deepwater staging port and supply base facility serving the Gulf of Mexico. Peterson has signed a teaming partnership agreement with Port…
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Royal Navy’s HMS Dragon Rescues Yacht Crew
Type 45 destroyer HMS Dragon rescues 14 stricken sailors from damaged British racing yacht. "The crew of Dragon have rescued 14 sailors in treacherous weather conditions today after a racing yacht suffered damage in the Atlantic ocean," says a statemen...
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Middle East Gulf Exports Soar in January 2017
During January – a month when all eyes were on oil production cuts – exports leaving the Middle East Gulf (MEG) region hit the highest level in at least two years, according to Genscape. At the end of November 2016, the Organization of the Petroleum…
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US Drillers Continue to Add Oil Rigs
U.S. energy companies added oil rigs for a 14th week in the last 15, extending a nine-month recovery as drillers take advantage of crude prices that have held mostly over $50 a barrel since OPEC agreed to cut supplies in late November. Drillers added e...
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Damen Repair Yards Earn More ISO Certifications
A number of Damen Shiprepair & Conversion yards have recently or will soon achieve new ISO certifications as part of an ongoing initiative to standardize operating procedures across the group. Damen Shiprepair Amsterdam (DSAm) and Damen Shiprepair…
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Cargo Ship to be Converted into a Dredger
Group De Cloedt will have her dry cargo vessel DC Eems converted into a trailing suction hopper dredger. Kooiman Marine Group in Zwijndrecht has received the order for this project. The DC Eems, currently under management with EemsWerken, (family Kornet) from Werkendam…
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Another New Ferry for NYC
Plans are in motion to procure another newly built ferry for New York City. A city-run organization in charge of running New York’s Governors Island said it is seeking bids for the design and construction of a new passenger-only ferry for its service between the island and Manhattan.
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Asia, Mideast Product Tankers Idled on Oversupply
Lower product shipments from India, Mideast; diesel comes off floating storage, frees up ships. Dozens of tankers used to carry refined oil products are sitting idle in Asia and the Middle East as slow trade and an oversupply of ships have cut…
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