Last week at the Wind Expo Spring 2023 in Tokyo, NYK announced the name of a crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm, for which NYK has a multi-year time charter contract with Siemens Gamesa.At the naming presentati...
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Maersk Sells Supply Service to Family Holding Company for $685M
Maersk has agreed to sell its offshore marine service provider Maersk Supply Service to family-owned holding company A.P. Moller Holding for $685 million, the Danish shipping giant said in a statement on Monday.The sale marks the completion…
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SHI, Kongsberg Ink Pact to Develop Autonomous LNG Carrier
Samsung Heavy Industries Co. (SHI) and Kongsberg Maritime (KM) signed a Joint Development Project Agreement (JDA), an agreement that serves as the basis to develop a design for next-generation 'autonomous' 174K LNG Carrier, leveraging autonomous…
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Lukoil-backed Congo Project to Start Producing LNG in December
A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initi...
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Chevron Suspends Production at Thai Oil Field after Fatal Accident
Production at the Benchamas oil field in the Gulf of Thailand was suspended immediately after an accident last week and remains offline, U.S. oil giant Chevron Corp said in a statement on Monday.The announcement comes after an accident last…
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Saddam’s Rusting Yacht Serves as Picnic Spot for Iraqi Fishermen
Capsized in a river in southern Iraq, the rusting wreck of a yacht that belonged to Saddam Hussein serves as a stark reminder of his iron-fisted rule that ended with the U.S.-led invasion two decades ago.The 121-metre (396 ft) "al-Mansur", a…
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US Ports Eye Shipping Turnaround
The leader of the busiest U.S. seaport on Friday said February's cargo volume hit the lowest level since the start of the pandemic as inflation and economic upheaval hurt demand, and signaled that activity may not pick up until the second half of this ...
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Russia Says It Held Naval Drills with China and Iran
Russia, China and Iran have completed three-way naval exercises in the Arabian Sea that included artillery fire at targets on the sea and in the air, the Russian defence ministry said on Saturday.The exercises, off the Iranian port of Chabahar, took pl...
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Vattenfall Picks Port for Giant Norfolk Offshore Wind Zone
Renewable energy developer Vattenfall has selected the port at Great Yarmouth, run by infrastructure specialists Peel Ports, as the preferred location for the operations and maintenance base for the Norfolk Offshore Wind Zone.When completed…
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US Navy Accepts Delivery of LCAC 105
The U.S. Navy announced it accepted delivery of the next-generation landing craft, Ship to Shore Connector (SSC), Landing Craft, Air Cushion (LCAC) 105, March 8.LCACs are built with configurations, dimensions, and clearances similar to the legacy…
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