Caspian Pipeline Consortium: Damaged Pipeline Is Back Online
A pumping station on the Caspian Pipeline Consortium (CPC) pipeline in Russia damaged in February is back in service, operator CPC said on Friday.The route is Kazakhstan's main means of exporting crude and also carries Russian oil to the Black Sea for export by tanker.The Kropotkinskaya pumping station was damaged in what was described as a drone attack.Moscow accused Ukraine of striking the site, something the General Staff of the Ukrainian Armed Forces acknowledged.While the pumping station wa
Cargo Ship Crashes Into Front Garden of Norwegian House
A large container ship ran aground early on Thursday (May 22) morning and crashed into the front garden of Johan Helberg who lives near Trondheim in southwestern Norway.The 135m (443ft) Cypriot-flagged cargo ship, the NCL Salten, narrowly missed Helberg's house by mere metres around 0500 local time (0300GMT).Helberg was alerted to the incident by his neighbour Jostein Joergensen who witnessed the ship heading directly for the shore.The NCL Salten had 16 crew members on board, none of whom were i
Palmali Lawsuit Against Lukoil's Litasco Is Dismissed by UK Court
Turkey-based tanker operator Palmali on Friday lost its London lawsuit against the trading arm of Russian oil producer Lukoil over a purported deal to provide oil products.Palmali, controlled by Azerbaijan-born businessman Mubariz Mansimov, first sued Lukoil's Swiss subsidiary Litasco at the High Court in 2017 and was initially seeking nearly $2 billion.The value of Palmali's case was substantially reduced, however, after Litasco succeeded in having much of the lawsuit thrown out in 2020.Palmali
CIMAC Congress 2025 Ends, Looking Forwards to 2028
After five days of exchange, the 31st CIMAC World Congress officially concluded in Zurich. The event united almost 1,000 experts and professionals from over 20 countries, featuring more than 200 presentations, Pecha Kucha sessions, panel discussions, an exhibition, poster sessions, social events, and technical tours.In his closing address, CIMAC Congress President Dominik Schneiter (WinGD) extended his heartfelt thanks to all participants…
Vega-Reederei Recieives First Vessel of New Next-Gen Coasters
The Hamburg-based Vega-Reederei, a family-owned shipping company founded in 1919, has officially taken delivery of the first vessel of its new series of next-generation coasters: the 3,800 dwt MV VEGAPETRA.The ship was delivered on May 21 by Yahua Shipyard in China and marks the beginning of a steady monthly delivery program. Parallel vessels are currently under construction at HRDD Shipyard, also…
China Threatens Philippines to Stop Provocation in South China Sea
China's foreign ministry on Friday urged the Philippines to immediately stop "infringement and provocation" in the South China Sea or face China's "resolute response."The remarks came a day after Beijing and Manila traded accusations following a confrontation between two of their vessels in contested waters of the South China Sea.It was legitimate for China to take necessary measures, Chinese foreign ministry spokesperson Mao Ning told a daily press conference on Friday…
First Fleet of 3000 DWT Hopper Barges Launches at Brazil Shipyard
On May 7, 2025, the first in a groundbreaking fleet of 3,000-ton deadweight hopper barges, designed by Robert Allan Ltd., was officially launched at Juruá Shipyard in Manaus, Brazil. The event marked a milestone in LHG Mining’s river transportation initiative in South America.This inaugural barge is part of a 400-unit fleet commissioned by LHG Mining to enable the efficient, sustainable transport of high-grade iron ore from Corumbá, Brazil, to export terminals in Uruguay.
PMA Recovers $8.5m In Owed Seafarer Wages
The Panama Maritime Authority (PMA) has strengthened its collaborative ties with the International Transport Workers’ Federation (ITF) during a recent visit by ITF delegates to the General Directorate of Seafarers (DGGM). The meeting focused on reinforcing the protection and well-being of seafarers sailing under the Panamanian flag.A central highlight of the meeting was the DGGM’s achievement in recovering $8.5 million in outstanding wages for seafarers by the end of 2024.
BAE Systems Set to Open $250M Shiplift Facility in Florida
BAE Systems has announced inauguration of a $250 million shiplift and land-level repair facility at its Jacksonville, Florida, shipyard on June 2, with a ribbon-cutting ceremony attended by Acting Chief of Naval Operations Admiral Jim Kilby.The new Pearlson Shiplift system and adjacent four-acre land-level complex will expand the company’s capacity to service U.S. Navy vessels from Mayport Naval Station, as well as commercial ships entering the Port of Jacksonville.
Navantia Seanergies Delivers Second Substation Jacket for French OW Farm
Navantia Seanergies, Spanish shipbuilder Navantia’s green energies division, has delivered its second substation jacket for Ocean Winds for the offshore wind farm at Dieppe Le Tréport in France.The jacket departed from the south basin of the Puerto Real shipyard, bound for its destination on France’s Atlantic coast.The structure – almost 54 metres tall and weighing approximately 1,900 tonnes – was fully fabricated at the Puerto Real facility and was loaded out on May 13, 2025.
Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner
Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has signed a memorandum of understanding (MoU) with Indonesia’s PT Elnusa Trans Samudera (ETSA) to explore joint marine services opportunities in the oil and gas sector.ETSA, a subsidiary of PT Elnusa, is an Indonesian company primarily engaged in the provision of marine transportation support services for the…
Shell Expects to Bank On LNG Exporters Turning Into Importers
Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects.Cederic Cremers, Shell's president for integrated gas, told Reuters that Indonesia, Malaysia, and Algeria are likely to become net import markets in the future…
MOL Inks Long-Term Time Charter Deal for Newbuilding VLCC
Mitsui O.S.K. Lines (MOL) has ordered a new LNG-fueled very large crude carrier (VLCC), which will sail under a long-term time charter contract with Idemitsu Tanker.The vessel will be the first dual-fuel VLCC to be chartered to a Japanese oil company.It will be built at Dalian COSCO KHI Ship Engineering in China, which is jointly operated by Kawasaki Heavy Industries and China COSCO Shipping Corporation.The delivery of the vessel is scheduled for 2027.
