BP Wins $1B Arbitration Case Against Venture Global Over LNG Shipments

BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture

Energy Storage and New Fuels Work Together as One on Vessels

There’s an obvious fuel saving advantage, but partnering energy storage systems with new fuels brings other advantages too.There’s a new generation of vessels emerging which is exemplified by Grimaldi’s PCTC Grande Shanghai,

Maersk Offshore Wind Terminates $475M WTIV Order with Seatrium

Singapore-based offshore contractor Seatrium has received a termination of the $475 million contract for the construction of a Wind Turbine Installation Vessel (WTIV) that was set for deployment at Equinor's Empire Wind

Trump Seals Icebreaker Deal

U.S. President Donald Trump and Finnish counterpart Alexander Stubb sealed an agreement on Thursday for the U.S. Coast Guard to acquire up to 11 icebreaker ships to bolster U.S. national security in

GTT Receives Tank Order from Hanwha Ocean

GTT has received an order from its partner the shipyard Hanwha Ocean for the tank design of a new LNG1 Carrier, on behalf of a North America-based ship-owner.The vessel will be equipped

US Imposes Sanctions on Oil Refineries and Purchases

The U.S. imposed sanctions on about 100 individuals, entities and vessels, including a Chinese independent refinery and terminal, that helped Iran's oil and petrochemicals trade, the administration of President Donald Trump said on Thursday.The…

USA, Finland to Reach Icebreaker Deal

U.S. President Donald Trump and Finnish counterpart Alexander Stubb will meet on Thursday at the White House tosign a pact for the U.S. Coast Guard to buy up to four icebreaker ships

Book Release: New Edition of Advanced Electrotechnology for Marine Engineers

Christopher Ralph Lavers and Edmund G. R. Kraal have released a new edition of their volume 7 book, Advanced Electrotechnology for Marine Engineers - Reed's Marine Engineering and Technology Series. Copies can

BIMCO Adopts Methanol Bunkering Annex

The Documentary Committee of BIMCO has adopted a Methanol Annex to its Bunker Terms 2018. The annex is the latest addition to the BIMCO portfolio of contracts and clauses that support the