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Jones Act Tanker Chartered for Airline Refinery
Delta Air Lines Inc's refining unit has chartered a U.S.-flagged oil tanker for the first time, allowing it to tap directly into cheap Texas shale oil as the company overhauls its supply strategy. Monroe Energy LLC,
Canal Project Slows Panama Economy Growth
Panama's economy expanded in May at its slowest pace since 2009 as major public works projects, including an expansion of the Panama Canal, slowed or wrapped up, dragging on the construction and mining sector.
ClassNK Holds LNG Fuel Technologies Seminars
ClassNk held LNG-Fuelled Vessel Technologies seminars in Shanghai and Singapore on 22 July and 24, July 2014, respectively. With the industry looking to adopt cleaner fuels to meet new environmental regulations as well as future economic growth ,
Shipbuilding
Horizon Delivers 4th 74’ Towboat for Canal Barge Co.
Horizon Shipbuilding, Inc., Bayou La Batre, AL, has delivered the fourth in a series of 74’ towboats to Canal Barge Company, Inc. of New Orleans, LA. The Jane Merrick is 74’
HydroComp to Hold Propeller 'Mini-Workshop'
A special version of HydroComp's intensive Propeller Workshops will be brought to Tampa before the
Danos Adds Environmental Services
Danos recently added an Environmental Services Division to the company’s collection of oilfield related services, which includes production workforce, construction, fabrication
Contracts
Hamburg Süd to Acquire CCNI Liner Service
Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile
IHC Hytech Wins Order for Containerized Air-dive Spreads
IHC Hytech, part of Royal IHC, has secured an order for two innovative containerized air-dive spreads from Bluestream, an offshore and subsea company that operates in the oil and
Asia VLCC Rates Could Nudge Higher on Activity
Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering programme for
Technology
Eliminating Cat Fines to Marine Diesel Engines
One can assume that P&I Clubs and shipowners would be very interested in preventing catastrophic Cat Fines damage to diesel engines. Cat Fines have been damaging marine diesel
EU Will Exclude Gas Tech from Russia Sanctions
European Council leader Herman van Rompuy has written to EU leaders saying any restrictions the bloc agrees on Russian access to sensitive technology should only include the oil
Candu and Chinese Firm to Cooperate on Romanian Reactors
Canada's Candu Energy said on Friday it will help China Nuclear Power Engineering Company (CNPEC) build two nuclear reactors in European Union state Romania if and when the
Legal
Cause of S.Korea Ferry Businessman's Death Remains Unknown
Yoo's body too badly decomposed to determine cause of death; mystery surrounding final days of de-factor owner of doomed ferry deepens. Yoo's son arrested in latest capture of
House Subcommittee Hearing Highlights “Dismal State” of U.S. Icebreaking Capability
At the July 23, 2014, hearing of the House Subcommittee on Coast Guard and Maritime Transportation
Iraqi Kurdish Oil Nears US Port Despite Concern in Washington
A tanker carrying crude oil from Iraqi Kurdistan is just one day away from arriving at a U.S. port, according to ship tracking satellites, despite Washington's long-standing
People & Company News
Eni to Revive Saipem Sale Plans
The new management of Italy's Eni plans to press on with the sale of a controlling stake in oil services subsidiary Saipem so it can focus on the more lucrative business of
USCG Change of Command in Galveston
A Coast Guard lieutenant commander and graduate of Hastings High School in Houston
Losses Widen for Mexico's Pemex
State-owned oil company Pemex reported a wider second quarter loss hurt by higher sales costs