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Offshore Renewable Energy: A Port Puzzle for Floating Offshore Wind

Dec 08, 2021

After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like? Over the past 12 months, the floating offshore wind sector appears to have had a major dose of adrenaline. While the largest development…

ASCO Nets Two 5-Year Deals to Support Waitsia Gas Field Project in Australia

Jan 25, 2022

Logistics and materials management company, ASCO, has been awarded two 5-year contracts with Mitsui E&P Australia (MEPAU) for logistics & storage and camp management provision to support the Stage 2 development drilling campaign in 2022 of the Waitsia gas field project in Australia…

ROV Pair Cleans Ship Hulls Double Time; HullWiper expands into South Korea

Jun 16, 2021

HullWiper launched operations at its newest location, South Korea. Through a partnership with HullWiper Korea, a company based at the Korea Maritime and Ocean University in Busan, it will provide green, sustainable and affordable hull cleaning…

Oil Freight Rates Rocket After U.S. Sanctions COSCO

Sep 27, 2019

Oil freight rates in the Middle East and Asia have increased by almost 20 percent today following new US sanctions on units of Chinese company COSCO for its alleged involvement in ferrying crude oil out of Iran.In what the U.S. State Department…

Cosmo Oil Builds IMO-compliant Fuel Stocks at Chiba Port

Sep 09, 2019

Japan’s third-largest oil refining company, Cosmo Oil, , has started building stocks of very-low-sulfur fuel oil (VLSFO) for supply to domestic marine fuel markets from next month (October 2019) ahead of the IMO 2020 mandate requiring ships globally to reduce their bunker fuel sulfur content to 0…

ADNOC Logistics Joins LNG MFI

Aug 28, 2019

The LNG Marine Fuel Institute, a non for profit organization based in Perth,  announced the membership of ADNOC Logistics & Services with the growing coalition of companies committed to Australian LNG is the primary marine fuel in transition to carbon free shipping…

BIMCO: US Crude Exports Soar in June 2019

Aug 27, 2019

The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million (m) tonnes in June 2019. Also contributing to the June record was South Korea, as exports to the other main Far Eastern buyer reached an all-time high volume of 2…

Voyager Targets Bulk Shipping for SaaS Solution

Aug 21, 2019

Voyager, a company offering a solution to the bulk commodity shipping market to operate in a unified and digital environment, announced completion a $1.5 million seed funding round co-led by ATX Venture Partners, Blue Bear Capital, GreenHawk Capital…

Massive TP's Shipped for Taiwan Windfarm

Aug 13, 2019

Jumbo reports completion of a shipment of the 'heaviest, tallest and the largest diameter 'Transition Pieces (TP’s) it has ever transported.The TP’s were shipped for Jan De Nul Group in cooperation with brokers Multi Marine Chartering B.V. from Laem Chabang to Taichung…

Cheniere Working on Sabine Pass Trains 3, 4

Aug 05, 2019

Cheniere Energy Inc said on Monday it is conducting previously scheduled turnarounds on Trains 3 and 4 at the Sabine Pass liquefied natural gas (LNG) export terminal in Louisiana as part of its maintenance plan for the facility.The company did…

Canadian Natural Resources eyes Rail Contracts

Aug 01, 2019

Canadian Natural Resources, the country's biggest oil and gas producer, is looking at taking on the Alberta provincial government's contracts to move crude by rail, a senior company executive said on Thursday.Shipping more crude by rail is seen…

Kinder Morgan: Bankrupt Refiner Owes $1.5 mln

Aug 01, 2019

Kinder Morgan Liquids Terminals LLC says Philadelphia Energy Solutions failed to make payments for fuel storage and other services totaling nearly $1.5 million since December, roughly seven months before the Pennsylvania refiner filed for bankruptcy…

Saudis: Iran Created "Very Grave" Gulf Situation

Jun 20, 2019

Iran has created a grave situation and jeopardized global oil supplies with its aggressive behavior, Saudi Arabia's minister of state for foreign affairs said on Thursday, adding that the kingdom was consulting with allies on next steps.The…

U.S. Refiner Phillips 66 Enters Offshore Oil Export Race

Jun 19, 2019

U.S. oil refiner Phillips 66 is proposing a deepwater crude export terminal off the U.S. Gulf Coast, challenging at least eight other projects aiming to send U.S. shale oil to world markets, according to a memo and a source who asked not to be named…

U.S. and Gulf Allies Face Task Protecting Oil Shipping Lanes

Jun 14, 2019

The United States and its allies may need to to start escorting commercial vessels to prevent further attacks in Gulf oil shipping lanes, Gulf sources and experts said.Even then, the conventional naval and air capabilities of Western and Gulf…

Current News

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Russia's Control of Sakhalin Project Could Pose Upside Risk to LNG Prices

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

Portugal's EDP to Scale Up Offshore Solar Plants in Southeast Asia

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

India Imposes A Windfall Tax On Oil Producers and Export Duties For Oil Products

Russia to Replace Sakhalin-2 Project Operator with New Firm

Russia to Replace Sakhalin-2 Project Operator with New Firm

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

State Agency Wants Net-zero Carbon Emissions from Australia's Giant LNG Plant

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop

Gazprom Cancels Dividend for First Time Since 1998. Shares Drop

Offshore Helicopters: Bristow in Long-term Maintenance Support Deals for AW139 Fleet

Offshore Helicopters: Bristow in Long-term Maintenance Support Deals for AW139 Fleet
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