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Latest news

BorWin Gamma nears finish line

The 900MW BorWin Gamma platform is set to reach the installation site in the German North Sea “on schedule” on Saturday night, according to transmission system operator TenneT.

Global seaborne trade expanding at improved 4% rate: UNCTAD

Seaborne trade is expected to grow by 4% this year, the same as in 2017, which was the fastest rate for five years, according to the 2018 edition of the UNCTAD Review of Maritime Transport.

Boskalis inks US Navy salvage contract

Boskalis announced that its subsidiary SMIT Salvage was awared two five-year marine salvage contracts to serve as the exclusive marine salvage and engineering support contractor for the Naval Sea Systems Command.

ExxonMobil reportedly considering divestment of Gulf of Mexico assets

ExxonMobil is reportedly considering divesting a number of its US Gulf of Mexico oil assets, according to multiple online sources.

Exxon Mobil Eyes Major Investment at Singapore Refinery

Exxon Mobil Corp is considering a multi-billion dollar investment at its Singapore refinery, the company's largest, ahead of new global shipping fuel regulations starting in 2020, a senior executive said on Wednesday.

APM Terminals Brazil Uses Augmented Reality to Train Workers

No, using augmented reality to train workers is not a science fiction! The HSE team at APM Terminals Brazil developed an augmented reality app for employees

Singapore Bunkering Hub Ready for IMO 2020

Singapore authorities are taking measures to ensure the availability of low-sulphur marine fuels ahead of upcoming emissions regulations in 2020

ClassNK: New Guidelines for Vehicles Carriers

Classification society ClassNK has released its Guidelines for Vehicles Carrier Structures, specifying the technical requirements specifically related to the structural strength assessments of vehicles carriers by using direct calculation.

Newport Shipping stocks up 100 scrubbers for turnkey retrofit service

Newport Shipping Group has stocked up on 100 scrubbers, with options for a futher 100 so that it can provide turnkey retrofit services to shipowners.

IMA Completes 12-month Study of the Floating Liquefaction and Regasification Market

International Maritime Associates has just completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals.

Why shipowners should not delay BWTS installation to the last minute

With all the focus on complying with the 2020 sulphur cap the IMO’s Ballast Water Management Convention has slipped off the agenda with the need to comply seemingly an accepted fact whatever

Aframax Tankers and LR1s Among Top Future Investment Opportunities for Shipowners

Predicting the recovery in asset prices involves many factors, and the current strength of spot market returns, or term hire rates are only a part of the story.

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