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Some 28% of U.S. Gulf of Mexico Crude Output Offline
U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production, according to sources and Refinitiv Eikon data, with local prices easing as more shipments moved out of the region.
CIMAC World Congress: The Place Where the Large Engine Industry Meets
Every three years, the large engine industry meets for the CIMAC World Congress. Next year, after Helsinki in 2016 and Vancouver in 2019, Busan in South Korea will host the CIMAC Congress from June 13 -17, 2022.
Ocean Cleanup Struggles to Fulfill Promise to Scoop Up Plastic at Sea
Docked at a Canadian port, crew members returned from a test run of the Ocean Cleanup's system to rid the Pacific of plastic trash were thrilled by the meager results — even as marine scientists and other
Shipbuilding
Hyundai Heavy Industries Shares Jump Above IPO Price on Debut
Hyundai Heavy Industries' shares closed 86% above their initial public offering (IPO) price on
The Path to Zero: Navigator Gas Earns AiP for Ammonia Fueled Gas Carrier
Navigator Gas was awarded an Approval in Principle (AiP) for an ammonia fueled gas carrier design
V-Bunkers Orders Pair of Electric-Hybrid Bunker Tankers
Vitol’s Singaporean bunker operations company, V-Bunkers, placed an order to build two
Contracts
MOL Orders Four LNG Carriers for NOVATEK Charter
Mitsui O.S.K. Lines (MOL) on Tuesday announced it has ordered four new liquefied natural gas (LNG)
Evergreen Marine Renews LTSSP Contract with Kongsberg Digital
Kongsberg Digital (KDI) announced that its long-term system support program (LTSSP) contract with
US Navy Awards Shipyard Modernization Contract
The U.S. Navy has awarded a $500-million design contract for the modernization of two of its
Technology
Kongsberg to Deliver Vessel Insight for 26 Island Offshore Vessels
Norwegian offshore vessel owner Island Offshore has tasked Kongsberg Digital with equipping its
Marine Battery Firm Corvus Plans 4Q IPO
Marine battery maker Corvus plans an initial public offer (IPO) in the fourth quarter
Ecochlor’s Filterless EcoOne & EcoOne Hybrid BWMS Get IMO Type Approval
Ecochlor received IMO BWMS Code Type Approval for its EcoOne and EcoOne Hybrid BWMSs from the
Legal
Brazil Port Regulator Targets Bunge, Two Port Agencies in Probe
Brazil's port regulator targeted the local unit of global grains merchant Bunge and two port
Smugglers Fake Ship Identities to Evade North Korea Sanctions
Smugglers suspected of evading sanctions on North Korea have turned to schemes to create
Shipping Industry Proposes Levy to Accelerate Zero Carbon Future
Leading shipping associations have proposed creating a global levy on carbon emissions from ships
People & Company News
Austal USA Appoints Murdaugh as President
Australian shipbuilding group Austal Limited announced its Austal USA arm has appointed Rusty
FuelTrax, TOPL Partner on BaaS Platform to enhance Energy Trade Transparency
FuelTrax has partnered with Topl to use Topl’s Blockchain-as-a-Service (BaaS) platform to meet the
Cox Marine Hires Wesson as COO
Cox Marine, a British manufacturer of high-powered diesel outboard engines for the global marine