French energy giant TotalEnergies and Oman National Oil Company (OQ) have reached the final investment decision (FID) on the Marsa LNG project, which will feature an LNG plant completely powered by renewable energy that will produce LNG for…
Read more
Advanced Digitalization Discussed at Singapore Maritime Week
The Maritime International Advisory Panel (IAP) held its third annual meeting on April 16, 2024, during the Singapore Maritime Week 2024. This year, the Maritime IAP held in-depth discussions on the key developments in the maritime sector, including de...
Read more
Ship Recycling Markets Face Varied Fundamentals
This week, various holidays concluded across the globe just as Indian sub-continent ship recycling markets started to perk up amidst fundamentals that have independently enjoyed varying degrees of volatility and resurgence over recent weeks…
Read more
Esgian Week 16 Report: Rigs on the Move
Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling…
Read more
NOIA Appoints New Executives
The National Ocean Industries Association (NOIA) has appointed and approved the 2024-2025 term of the NOIA Board of Directors and Executive Committee. Jon Landes, President, Subsea of TechnipFMC has been elected as the NOIA Chair and Joe Leimkuhler…
Read more
Third Temporary Channel Opened in Baltimore
The Captain of the Port (COTP) has established the Fort Carroll Temporary Alternate Channel, which is on the northeast side of the main channel in the vicinity of the Francis Scott Key Bridge and will provide limited access for commercially…
Read more
IMO Legal Committee to Discuss Seafarer Abandonment
The Legal Committee of the IMO will meet for its 111th session at IMO Headquarters in London from April 22 to 26, 2024. The Committee deals with any legal matters within the scope of the IMO, including issues relating to liability and compensation…
Read more
Two Japan Navy Helicopters Crash
Two Japanese navy helicopters crashed into the sea during a training exercise, killing at least one of the eight crew members on board, the defence minister said on Sunday.The two SH-60 patrol helicopters were conducting anti-submarine exercises…
Read more
New York Not Moving Forward With Three Offshore Wind Farms
New York State on Friday stalled three major offshore wind-energy projects after General Electric Vernova GE.N changed the turbine design, which the state said "materially altered" the plans.New York provisionally approved the projects in October 2023.
Read more
Shiploader Collapses at Brazil’s Recife Port
An accident with a shiploader at the sugar terminal in the Recife port in Northeastern Brazil suspended loading operations at the site, according to a note from shipping company Williams Brazil late on Thursday.The company said the shiploader…
Read more