Mærsk Vice CEO Steps Down! Energy Division To Close Down
In a major development, Maersk has announced that their Energy Division head and Vice CEO Claus V. Hemmingsen will be stepping done by the end of June 2019, says an article published in Globe News Wire.
Brief...
Novatek Signs Non-binding Deals for Arctic LNG 2 Project
The Arctic LNG 2 project envisages constructing three LNG trains at 6.6 million tons per annum each, using gravity-based structure (GBS) platforms.
The Heads of Agreement envisages concluding a 15-year contract with annual...
Scorpio Secures $41 Million To Finance Scrubbers
In a recent development, Scorpio Bulkers Inc. has announced that they have reached agreements with certain lenders to increase certain existing credit facilities by a total of $41 million, says a press release published...
Weekly Maritime Security Report – Week 12, 2019
Protection Vessel International has released the Maritime Security Report for Week 12 of 2019. The report formulated on 2nd April 2019 highlights the various security breaches that have happened over the past week.
Dominican Republic: Robbers...
U.S. Gulf Coast To Become Net Oil Exporting Region
The U.S. Gulf Coast is set to become a net crude oil exporting region for the first time on a quarterly basis.
This signals a shift in global oil flows with VLCC patterns of trade...
Wärtsilä To Design Antarctic Eco-Vessel
Wärtsilä is selected to design a multi-purpose transport vessel that will operate in Antarctic waters.
The ship was equipped with a number of integrated propulsion and hybrid solutions, the ship will ensure efficient and environmentally...
Bridge Head, Pilot and Staff Suspects in Navigation Rule Violation
KNM Helge Ingstad frigate and the Sola TS tanker collided north of the Sture terminal in Øygarden.
The police confirmed that the pilot of Sola TS, guard of the frigate and an employee...
Pirate Attack Cargo Ship! 4 Seafarers Kidnapped
According to a World Maritime News article, four crew members have reportedly been kidnapped from a general cargo ship 14nm off Douala, Cameroon.
What happened?
On March 30, the incident involved the 1,100 TEU cargo ship...
ClassNK Releases Its Cybersecurity Approach
In a major development, the leading classification society ClassNK has released the ClassNK Cyber Security Approach which outlines their basic approach to ensuring onboard cybersecurity for ships, says a press release published on their...
EU and IMO Align Systems on Shipping and Carbon Emission
The shipping and Carbon emission issues go hand in hand. There are various regulations to deal with carbon emissions and various IMO and EU regulations to deal with ship emissions. Now, the IMO and EU...