By Wendy Laursen 2015-05-04 18:23:08 Over the past 10 years, more than 1,900 offshore supply vessels (approximately 820 PSVs and 1,080 AHTSs) have been built. The influx of more modern vessels into ...
DP Operators Caught in Catch-22
Shell’s Arctic Drilling Faces Another Hurdle
By Reuters 2015-05-04 17:07:09 Royal Dutch Shell's quest to return to Arctic drilling for the first time in three years could face delays after Seattle ruled that the city's port must apply for a ...
Practical Security Applications
By Chris Georges 2015-05-04 16:17:15 It is 39 degrees at the gun range in Marriotsville, Maryland, and it’s a little chilly for this Floridian. But I am excited to learn about how to use various ...
Shell Reaches Nigerian Oil Spill Agreement
By Kathryn Stone 2015-05-04 16:04:32 Shell has reached an agreement to clean up a local Nigerian community devastated by two oil spills in 2008. Representatives from the Amnesty International, United ...
Barge Carrying Caustic Chemical Sinks
By Kathryn Stone 2015-05-04 14:50:46 An emergency alert was issued on Costa Rica’s Pacific coast this weekend after a barge carrying ammonium nitrate capsized. The vessel was transporting around 180 ...
Maersk Meets with Iran over Seized Vessel
By MarEx 2015-05-04 12:17:58 Maersk Line said on Monday it had met again with the Ports & Maritime Organization (PMO) in Iran regarding the seizure of the vessel Maersk Tigris but has yet to ...
Pirates Attack Product Tanker in Malacca Straits
By Kathryn Stone 2015-05-04 10:06:38 A small product tanker, the Singapore registered Ocean Energy, was hijacked and had its fuel cargo stolen as it passed through the Malacca Straits over the ...
Egypt Leases Second LNG Import Terminal
By Reuters 2015-05-04 08:25:26 Egypt has issued a five-year tender to lease a second liquefied natural gas (LNG) import terminal, the head of the state gas board told Reuters on Monday, seeking to ...
Hanjin box ship catches fire off Suez Canal
An ultra-large container ship owned by Hanjin Shipping caught fire as it was about to transit the Suez Canal on 1 May. The Suez Canal Authority said that the 13,000-teu Hanjin Green Earth was 48 km to ...
Growth slows for public companies
Newbuild orders by US-listed shipowners have dropped sharply during the first four months of 2015, according to an IHS Maritime analysis. US-listed companies have purchased or ordered just 29 vessels ...