News

Nigerian pirates hijacked tanker Cape Bird with three Russian crewmen on board, reports website of Russian Guild of Sailors.

JSC United Shipbuilding Corporation (USC) has placed an order for two platform supply vessels at St. Petersburg-based Baltic Shipyard​​. The ships will be built for Gazprom, USC’ head told journalists.

Australia’s Minister for Defense Stephen Smith and Minister for Defense Materiel Jason Clare have announced that the Royal Australian Navy​

Teekay LNG Partners L.P. today announced that its joint venture with Marubeni Corporation has agreed to acquire ownership interests in eight liquefied natural gas

Ocean carriers and charter shipowners have placed orders worth $57 billion for new container vessels over the next four years, with about half of the value of orders made as the industry emerged from a slump in 2009, said Alphaliner.

Saudi Arabia will keep the crude oil supply volume to its Asian and European customers in November steady from October, sources said, ahead of the northern hemisphere winter

Saudi Arabia and other Gulf Opec members, which unilaterally boosted oil supplies this year, are likely to trim flows in 2012 to make way for the restart of shipments from Libya and increased exports from Iraq.

Indian state-owned refiners may skip importing gas oil from the spot market for at least one month due to ample supplies and as reduced industrial output pares demand, industry sources said on Tuesday.

Construction of the $7.5 billion 200,800-barrel-per-day Nghi Son oil refinery, Vietnam's second, will start in the last quarter of this year after a half-year delay, state oil and gas group Petrovietnam said on Tuesday.

South Korea's liquefied natural gas (LNG) inventory stood at over 3 million tonnes as of Tuesday, and the world's second-largest LNG importer plans to build nearly 3.5 million tonnes

Rotork electric modulating actuators have been installed in an upgrade at the RWE npower Fawley Power Station in southern England. Built in the late 1960s, the oil-fired station is capable of supplying the National Grid with 1,000MW

Global attacks on ships rose to an all-time high of 266, during the first six months of 2011 up from 196 in 2010 according to the International Maritime Bureau (IMB).

The Offshore Energy exhibition, an event focused on global oil & gas exploration and production market opened today in Amsterdam RAI, the Netherlands.

At the Monaco Yacht Show 2011, Jongert has brought in two orders for new motor yachts: a 44-metre MY and a 43-metre MY. Besides these two new orders, the shipyard has another two motor yachts under construction: a Jongert LE 500 and the 41-metre yacht that was begun last year.

OJSC MMC Norilsk Nickel informs that Zapolyarny enhanced ice class diesel-electric ship, owned by the Company, has arrived to its destination point – Shanghai port.

Mangalore Refinery and Petrochemicals Ltd. is in initial talks with three companies including Royal Dutch Shell PLC (RDSA) to build a liquefied natural gas terminal in India, a senior MRPL executive said Tuesday.

TSC Group Holdings Limited secures a US$ 29.2 million contract for a Super M2 jack-up rig (300 ft) package from CIMC Raffles Shipyard. The deal comes with an option for another similar Super M2 jack-up rig package by the end of this year.

Fairmount Marine, a world class marine contractor for ocean towage and heavy lift transportation by (submersible) barge, parallel to activities in the field of sales

At Great Lakes Shipyard, Cleveland, OH, the laying of the keel marks the start of construction on a 60-foot work boat for the Port of Milwaukee. The city of Milwaukee, Wisconsin awarded the contract in June 2011. The vessel is scheduled for completion by the end of this year.

The Board of Directors of ASL Marine Holdings Ltd. has announced that its wholly-owned subsidiary ASL Shipyard Pte Ltd has secured new shipbuilding contracts worth approximately S$267 million for the construction of five vessels: