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DP World Volume Up 2.2%

DP World Limited handled 47.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first nine months of 2016, with gross container volumes growing by 2.2% on a reported basis, and up 1.0% on a like-for-like  basis.

Rotterdam Port Throughput Slips

Compared to the excellent first three quarters of 2015 (+5.4%), cargo throughput in the same period this year fell by 1.9%. The decrease was particularly strong in coal and iron ore. Allard Castelein, CEO of the Port of Rotterdam Authority:…

MPI Resolution’s Leg Extensions Raises Capabilities

MPI’s wind-turbine installation vessel (WTIV), MPI Resolution, is currently undergoing installation of leg extensions at the company’s Tees Offshore Base in Middlesbrough, UK. Following these modifications, MPI Resolution will be able to operate in water depths of up to 35m…

Wood Group Bags Hibernia Deal

Wood Group has secured a five year contract to provide engineering, procurement, construction and maintenance services to the Hibernia platform, offshore Newfoundland, from Hibernia Management and Development Company Ltd. (HMDC). The contract…

Adani Ports PAT Grows by 61%

Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and the logistics arm of Adani Group, today announced another stellar operational and financial performance for the quarter and half year ended September 30, 2016.

C&C Marine and Repair Delivers Double Skin Tank Barge

The Shearer Group, Inc. (TSGI) announced the completion of a 200’ x 35’ x 12’ double skin tank barge. TSGI was contracted by C&C Marine and Repair, LLC to provide contract design services. The barge is the first of a series of double skin tank barges that will be built by C&C Marine.

Dyneema® fiber does double duty to tow and tie up stricken Modern Express

Two maritime leaders both choose high strength, lightweight ropes made with Dyneema® for their respective roles in a dramatic salvage operation. A notorious danger area The Bay of Biscay between France and Spain is notorious among sailors. Show More Summary

C&C Marine and Repair Delivers Double Skin Tank Barge

  Seabrook, Texas – October 24st, 2016 – The Shearer Group, Inc. (TSGI) is pleased to announce the completion of a 200’ x 35’ x 12’ double skin tank barge. TSGI was contracted by C&C Marine and Repair, LLC to provide contract design services. Show More Summary

Tidewater in Trouble

New Orleans-based OSV company Tidewater Inc. has been given just three more weeks to reach a deal with its lenders and bondholders before it will be forced to consider other options including Chapter 11 bankruptcy. The precarious news...Show More Summary

Oil Industry Workers Split Between Trump and Clinton

By Grant Smith NEW YORK, Oct 24 (Reuters) – U.S. oil and gas industry workers have contributed only slightly more money to the campaign of Democrat Hillary Clinton than to Republican Donald Trump since the two clinched their parties’ nominations for the White House, according to Reuters’ review of federal disclosures. Show More Summary

MODEC Connects Offshore Fleet with O3b/RigNet

O3b Networks, technology solutions company RigNet and floating production service provider MODEC, entered an agreement to provide high-throughput, low latency connectivity for MODEC’s Floating Production Storage and Offloading (FPSO) vessels off the coast of Brazil.

Egypt Launches Record LNG Tender for 96 Cargoes

Egypt launched the world's biggest tender for liquefied natural gas (LNG) as officials from top energy companies and trading houses converged on Cairo undeterred by new rules that could force them to wait for as long as six months to get paid.

Ulstein, SeaOwls Partner for Heavy-lift Jack-Up Design

Ulstein Design & Solutions B.V. (part of Ulstein Group) and SeaOwls B.V. are partnering to combine the former’s track record in heavy lift vessel design with the latter’s experience in jack-up technology and engineering to jointly develop the next generation self-propelled heavy lift jack-up vessel.

Philippine Navy Orders 2 Frigates from Hyundai Heavy

Hyundai Heavy Industries (HHI) has signed a contract to build two 2,600 ton frigates with the Department of National Defense, Republic of the Philippines. The frigates, scheduled to be delivered from 2020, will be a smaller light combatant and…

DSME Taps GTT to Equip Maran’s New LNG Carriers

GTT said it has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) to equip two new LNG carriers scheduled for delivery in 2019. The vessels will be built at DSME's shipyard in Geoje, Korea, on behalf of Maran Gas Maritime…

Warner to Head Inmarsat Maritime Marketing

Inmarsat has appointed Mark Warner as Head of Marketing Communications for its Maritime business unit. Reporting to Inmarsat Chief Marketing Officer Chris McLaughlin, Warner will take responsibility for maritime marketing communications activities…

Rolls-Royce to Equip ECO’s New Tugs

Rolls-Royce has signed a contract with Edison Chouest Offshore (ECO) worth more than $41 million to deliver propulsion and deck machinery for 13 new tugs, including five which will have a direct bollard pull of around 150 metric tons. The 13…

Bumi Armada Berhad Names Its News FPSO

Bumi Armada Berhad, Malaysia-based international offshore energy facilities and services provider celebrated the naming ceremony of the Armada Olombendo Floating Production Storage and Offloading (FPSO) last weekend. Armada Olombendo FPSO represents…

EU to Continue Libyan Coast Guard Training after Attack on Migrants

The European Union will go ahead with training for the Libyan coast guard this week, days after a coast guard vessel allegedly attacked a boat carrying migrants, causing four of them to drown. The German humanitarian group Sea-Watch recovered…

Steel Cut for CIMC ORIC's First FORAN Project

The steel cutting ceremony of the first project designed with the FORAN system by CIMC Ocean Engineering Design and Research Institute Co., Ltd. (CIM ORIC) was held in the Chinese shipyard Zhoushan Changhong International Shipyard Co., Ltd. on September 23.

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