SPILL FROM SUNKEN PRODUCT TANKER REACHES RESORT TOWNS ON MINDORO
The fuel spill from a sunken product tanker off the island of Mindoro is spreading, according to the Philippine Coast Guard.
The product tanker Princess Empress sank off Balingawan Point on Tuesday after losing power...
DEEP-SEA FISHING BAN THREATENS ECONOMIC VIABILITY OF EU LONGLINE FLEET
The Organization of Fisheries Producers of the Port of Burela and the University of Santiago de Compostela (USC) recently presented at the EU Sectoral Social Dialogue Committee for Sea Fisheries the devastating socio-economic impact...
BIMCO: CHANGES AHEAD AS CONTAINERSHIP ORDERS REACH RECORD HIGH
The current slowing in the global container markets has done little to slow carriers’ appetite for new capacity. BIMCO in its latest market report writes that the record high container orderbook signals the beginning...
FIRE BREAKS OUT AT OFFSHORE OIL PLATFORM, LEAVING FOUR INJURED
UK-headquartered oil and gas exploration and production company Trinity Exploration & Production plc has confirmed that a fire broke out on one of its platforms at an oil field offshore Trinidad. As a result,...
MONTENEGRO INKS MOU WITH US COMPANIES FOR LNG TERMINAL IN PORT OF BAR
The Government of Montenegro is advancing works to install an LNG terminal in the port of Bar as it signs a memorandum of understanding (MoU) with US companies Enerflex Energy Systems and Wethington Energy...
PROJECT EXPLORES AMMONIA POWER REFIT FOR OFFSHORE VESSEL
Amogy, a U.S.-based startup that seeks to commercialize ammonia-fueled power systems, announced that it has signed an agreement to explore the installation of its ammonia-fuel system aboard an offshore vessel. This comes as the...
NEW SOFTWARE HELPS VESSEL OPERATORS DIAL IN THE CII OF THEIR CHOICE
Ship CII ratings have a direct impact on vessel value, according to recent brokerage data, and on earnings as well. Shipowners have an incentive to dial in the right CII for a vessel in...
WÄRTSILÄ PREPARES NEWBUILDS TO BE READY IN FUTURE FOR CCS SCRUBBERS
Wärtsilä received its first order for a carbon capture and storage-ready scrubber system even while they are continuing to develop and test the technology. According to their technology group, these efforts will make the...
INDIA IMPOSES AGE BAN ON BUYING OR OPERATING CARGO SHIPS
India’s government is moving forward with imposing age restrictions on the ships that can be acquired or operated to India in an effort it says to modernize and improve the quality of the country’s...
U.S. URGED TO FIX ‘BROKEN’ PERMITTING PROCESS TO BOLSTER AMERICAN ENERGY DEVELOPMENT
As the global energy crisis demonstrated last year that the energy security of certain countries hangs by a thread, the American Petroleum Institute (API), a trade association representing the oil and gas industry, has...