Bollinger Shipyards on Saturday christened the Holland, an ocean transport barge for General Dynamics Electric Boat. The Holland will support the construction and maintenance of the United States Navy’s Columbia Class ballistic missile submarines and V...
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Suez Canal Posts Record $5.84 Billion Annual Revenue
Egypt's Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in the previous year, the Suez Canal Authority said on Sunday.The Authority also said the canal's revenues in the first six…
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China Says It ‘Drove Away’ US Warship
China's military said it "drove away" a U.S. warship that illegally entered Chinese waters near the Paracel Islands on Monday, the anniversary of an international court ruling that held Beijing had no claim over the South China Sea.The USS Benfold ente...
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Ship Recycling Rates Approach $600/LDT
Sub-continent markets continue to fire on during the summer / monsoon months, as firmer steel plate prices and an increasing lack of available tonnage has invariably pushed sub-continent offerings on to previously unthinkable levels.Not since the boom ...
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Shell to Supply PetroChina with Carbon Neutral LNG
Oil major Shell has signed a five-year contract with PetroChina to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said on Monday.Many companies, particularly those in the fossil fuel industry are using tools su...
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LNG Bunker Vessel Marseille Completes Sea Trials Ahead of Deployment in France
The first LNG bunker vessel to be based in France has successfully completed sea and gas trials, marking another step towards the delivery and operational start-up.The new vessel, named Marseille, is TotalEnergies Marine Fuels’ second collaboration wit...
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Penfield Marine, Macquarie Group Execute Carbon Neutral Voyage
Tanker operator Penfield Marine and Macquarie Group’s Commodities and Global Markets division announced the execution of Penfield’s first carbon-neutral voyage in a collaboration that will enable Penfield Marine to offer environmentally differentiated…...
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Nichols Brothers Delivers Fouth Tug to Foss
Nichols Brothers Boat Builders (NBBB) said it has delivered the final vessel in a series of four new tugs for Foss Maritime.The ASD-90 tractor tugs Jamie Ann, Sarah Avrick, Leisa Florence and Rachael Allen were completed and delivered between April 202...
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GasLog Partners Names Enoizi CEO
GasLog Partners announced its directors appointed Paolo Enoizi, currently Chief Operating Officer (COO) of the Partnership’s General Partner, GasLog Ltd., and GasLog Partners, as Chief Executive Officer (CEO) of the Partnership, effective August 1.
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Lithuania Seeks Alternative Bids for LNG Import Terminal
Lithuania is seeking alternative bids from providers of floating liquefied natural gas (LNG) terminals to potentially replace its existing import terminal, operator Klaipedos Nafta said on Friday.The Baltic state leases a floating storage and regasific...
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