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First US LNG Shipment Goes to China

Maran Gas Apollonia transiting the Expanded Panama Canal's Cocoli Locks (Photo: Panama Canal Authority)

The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that the expanded Panama Canal is allowing U.

New Dredger for North Carolina’s Coastal Waterways

Photo: DSC Dredge

The North Carolina Department of Transportation recently took delivery of a new, fully customized cutter suction dredge, which it christened the Dredge Manteo in a ceremony held April 28, 2016, at the at the NCDOT State Shipyard in Manns Harbor, N.

New 'Mega Passenger Ship' for Star Cruises

Concept design of the new Global Class mega cruise ship to be built by MV Werften for Star Cruises (Image: Elomatic)

Elomatic Ltd and Deltamarin Ltd have signed a tri-party engineering contract with shipbuilder MV Werften for the design of Star Cruises’ new Global Class “mega passenger ship,” which, once completed,

Shipbuilding

Horizon Delivers Towboat Marty Cullinan for FMT

In June 2016 Horizon Shipbuilding, Inc. of Bayou La Batre, Ala. delivered the M/V Marty Cullinan, a 120’ towboat with a retractable pilot house, to its home port of New Orleans

Damen PSV for Wilson Sons Ultratug Offshore

PSV 5000 Larus Courtesy Damen

Wilson Sons Ultratug Offshore, a joint venture between Wilson Sons and the Chilean maritime

VARD Bags Three-vessel Contract

Vard Holdings - A FINCANTIERI Co. Photo Vard

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and

Contracts

Chevron Posts Largest Quarterly loss since 2001

Chevron Corp, the second-largest U.S.-based oil producer, posted a second-quarter loss on Friday, its largest since 2001, due to the slump in crude prices and refining income.

Daewoo Shipbuilding: $1.4 bln order Cancelled

Cancelled order part of Statoil's Bressay project. South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd on Friday said a 1.58 trillion won ($1.

Asia Tankers-VLCC Rates Falter on Oil, Tanker Supplies

File Image: A VLCC at sea (EuroNav)

MidEast, West Africa rates hit 11-month low. Freight rates for very large crude carriers (VLCCs)

Technology

Valeport Debuts rapidCTD Automated Profiler

rapidCTD (Image: Valeport)

Valeport’s new rapidCTD uses automated wireless Bluetooth data transfer to deliver high quality

Insights: Kunkel Weighs in on Propulsion Technology

Bob Kunkel - President, Alternative Marine Technologies, Inc.

LNG? Methanol as fuel? Hybrid systems? Tier 4? Reducing noise? Cutting emissions without crushing

A Sea Change in Waterjet Technology

NAMJet’s 10 meter demonstration boat underway at full speed (Credit: NAMJet)

Longtime waterjet propulsion equipment provider NAMJet introduces key advancements for the

Legal

Swiber Applies for Judicial Management Instead of Liquidation

Photo: Swiber

Singapore oilfield services company Swiber Holdings Ltd said on Friday it has applied to place

Exxon Mobil Q2 Profit Dives

exxonmobil_red.gif

Exxon Mobil Corp, the world's largest publicly traded oil producer, said on Friday its quarterly

Statoil buys Petrobras stake in Brazil oil find

Statoil aims to offset declining output from mature fields. Norway's Statoil agreed on Friday to buy Petrobras' stake in an exploration licence off Brazil for $2.

People & Company News

Libya Government, Oil Guards Reach Deal to Reopen Ports

Libya's U.N.-backed government has signed a deal with an armed brigade controlling the major Ras Lanuf and Es Sider oil ports to end a blockade and restart exports from the

Woman Rescued in Lake Tahoe

The Coast Guard rescued a woman in Lake Tahoe at approximately 7:50 p.m. Thursday evening. Watchstanders at the Coast Guard Sector San Francisco command center received a call at

MLC 2006 Amendments Set to Take Hold in 2017

File photo: Alex Sergienko

Two years after the approval at the 103rd International Labor Conference (ILC), the Amendments to

Maritime Apps