Yearly Archives: 2017

Attacks in waters east of Philippines shift to big ships; ReCAAP, security groups recommend avoiding Sulu and Celebes Seas. Asian pirates are focusing more of their attacks on larger merchant ships near the Philippines, hoping for bigger ransom payments from kidnapping their crew…

Unipec charters 20 VLCCs for West Africa, MidEast cargoes; China's oil demand to climb 3.4 pct this year - CNPC. Freight rates for very large crude carriers (VLCCs) are expected to remain stable next week as buoyant chartering activity from…

An international agreement that has been instrumental in repressing piracy and armed robbery against ships in the western Indian Ocean and the Gulf of Aden has seen its scope significantly broadened to cover other illicit maritime activities…

A new 40-meter catamaran passenger ferry has been launched in China to be operated by Sea’s Young in Hong Kong. Designed by Incat Crowther and built by Wang Tak, Shi Zi Yang 7 is a 199-passenger ferry that has been designed and built to compete in the tough domestic Chinese market where speed…

Fugro has been awarded a contract from INPEX Operations Australia Pty Ltd (INPEX) for subsea services to be executed across the Ichthys facilities in the Timor Sea, located approximately 220 kilometres from the coast of Western Australia. INPEX…

Briggs Marine & Environmental Services has published its new accounts for the year ending March 2016 at Companies House, which show an annual increase in turnover to £66m. The company, which supplies a range of services throughout the marine industry…

FINCANTIERI S.p.A. announces that in relation to the voluntary conditional general offer ("Offer") announced on November 13, 2016 by its subsidiary Fincantieri Oil & Gas S.p.A. ("Fincantieri O&G") for all the ordinary shares of Vard Holdings Limited ("Vard") other than those already owned…

DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem met with the Honourable Prime Minister of India Shri. Narendra Modi at the 8th edition of the Vibrant Gujarat Global Summit held in Ahmedabad, India. Discussions highlighted the immense…

ACO Marine has received Transport Canada type-approval for its advanced Maripur NF and Clarimar MF wastewater management systems. “We are delighted to have received approval from Transport Canada. Certification delivers added assurance to Canadian…

Cargo volumes at the Port of Los Angeles reached 8,856,782 Twenty-Foot Equivalent Units in 2016, marking the busiest year ever for a Western Hemisphere Port. The previous record was set in 2006, when the Port of Los Angeles handled 8,469,853 TEUs. “The Port of L.A.