Florida-based Cheoy Lee Shipyards have delivered two more Z-Tech tugs, PSA Polaris and PSA Capella, to PSA Marine, Singapore. This time was the Z-Tech 5000 version with newly re-styled deckhouse and wheelhouse in addition to its already unique appearance.
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Shipbuilding: Navantia to build Five Navy Frigates
Spain's Navantia will build five F-110 frigates for the Spanish navy in a contract worth $4.9 billion.
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New Zealand’s Rocket Lab shoots 13 tiny cube satellites into orbit
Rocket Lab, a rocket propulsion company backed by investors in Silicon Valley, has launched a batch of 13 tiny probes from New Zealand to study space.
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BOEM “Blown Away” by Record U.S. Offshore Wind Auction
A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA.The Bureau of…
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Gazprom, Itochu Sign MoU on Baltic LNG
Russian oil and gas company Gazprom and Japanese trading house Itochu have signed a memorandum of understanding (MoU) on the proposed Baltic liquefied natural gas (LNG) export project."With this document, the parties confirmed their interest in potenti...
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Port of Oakland Cautious on 2019
The Port of Oakland had its busiest November ever for imports in 2018, shattering an 11-year-old record. The Port said today that it handled the equivalent of 83,364 loaded 20-foot import containers last month. That beat the old November record of 76,9...
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Thun’s Green Tanker on Preem Lease
Swedish coastal shipping company Thun Tankers to name the new, environmentally adapted tanker “Thun Evolve” in Groningen, Holland today (Saturday).The tanker will be long-term leased by Preem for deliveries to the company’s depots and customers in Swe...
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Los Angeles APM Terminals Volume Up
APM Terminals set a new North American operations record this month with 27,846 TEUs handled on one vessel.This represents a complete discharge of the vessel for import cargo and a complete new load of export containers, in addition to empty…
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Moody’s Rated Panama Canal with Stable Outlook
Moody's Investors Service reaffirmed the Panama Canal Authority's (ACP) A2 long-term rating with a stable outlook, based on its distinctive position as an infrastructure asset with a unique geographic advantage and business model, and its strong…
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First Non-EU Ship Recycling Yards Join EU List
The European Commission published the fourth version of the ‘European List of ship recycling facilities’ last week, adding six new yards, taking the total up to 26.It includes 23 facilities located in European Union (EU) member states, and for the firs...
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