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Latest news

BIMCO adopts STM-clause to facilitate just-in-time port calls

Ports
On November 13, BIMCO adopted a STM-clause to facilitate just-in-time port calls in commercial contracts.

Lamprell Wins USD 200 mln Windfarm Offshore Project from GeoSea

Wind Energy
Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV

US Set To Extend Sanctions Waiver For Iraq To Import Iranian Gas

Safety & Regulations
The United States has reached an agreement in principle with Iraq to extend for 90 days an exemption to sanctions against Iran

Nichols Brothers to Build Two High-Speed Ferries for Kitsap Transit

NewBuilds
The Northwest's boat builders Nichols Brothers Boat Builders has won a design and build contract to build two new high-speed passenger-only ferries for Kitsap Transit

BP Sanctions Africa’s Deepest Offshore LNG Project

Oil & Gas
BP and its partners have given the green light for the development of a large gas project offshore Mauritania and Senegal, a first for the two West African nations.

Shipping Industry Urges European Commission To Extend Consortia Block Exemption Regulation

Merchant Navy
Four trade associations representing the international liner shipping industry today submitted comments to the European Commission

Pioneering Spirit started pipelay of Nord Stream 2 in Finland

Subsea Technology
Dynamically positioned pipelay vessel Pioneering Spirit has joined Nord Stream 2’s construction fleet and started pipelay works in the Finnish Exclusive Economic Zone

Arctic LNG 2 signs agreement on design and construction of GBS

Oil & Gas
PAO NOVATEK announced that its next LNG project, Arctic LNG 2, has signed an agreement on the design and construction of gravity-based structures

Polarcus secures 4D project in the Far East

Oil & Gas
Polarcus Limited is pleased to announce that certain Polarcus subsidiaries have entered into a memorandum of agreement with Sovcomflot GEO

Molten Metal Energy Storage For Future Maritime Propulsion

R&D
The comparatively short sailing distances encountered along navigable inland waterways combined with stops at navigation locks enhances the attractiveness of using battery propulsion technology

HII Awarded More Than $930 Million to Build Two More National Security Cutters

Navy
HII Ingalls Shipbuilding division has received two fixed-price incentive contracts from the USCG to build two additional National Security Cutters

Subsea 7 wins SURF contract for Manuel in the Gulf of Mexico

Subsea Technology
BP has awarded Subsea 7 S.A. the SURF (subsea umbilicals, risers, and flowlines) contract for the Manuel project in the US Gulf of Mexico.
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