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LNG

Shipowners Being Sent Mixed Messages Over Suitability of Future Bunker Fuels

SEA/LNG says LNG bunkers are the way forward for now. In the wake of MEPC 72's historic decision to aim for a reduction in shipping GHG's of at least 50% by 2050 compared to 2008 levels, industry players have been keen to make a case for their preferred compliance solution. Unfortunately for Shipowners, plenty of mixed messages are being sent as a result.

Stocks to watch: Noble, DeClout, Keppel Corp, China Jinjiang Environment, Stocks

THE following companies saw new developments which may affect trading of their shares on Monday:Noble Group: Noble Group has rejected substantial shareholder Goldilocks' attempt to nominate five non-executive directors at its upcoming annual general meeting (AGM) on April 30. This was on the basis that Goldilocks, an Abu Dhabi-based investment fund…

Golar LNG in early talks with BP on FLNG

Golar LNG says it has a preliminary agreement in place with local subsidiaries of BP to develop gas blocks offshore of West Africa. The heads of terms for a charter is commitment for doing preliminary engineering for the provision of an floating LNG vessel.The FLNG wpi;d support the development of Phase 1A of the Greater Tortue / Ahmeyin field…

Port pro of the month: Allard Castelein (NL)

The 2018 ESPO Conference will take place in Rotterdam on 31 May and 1 June and will be hosted by the Port of Rotterdam. In order to give you a better insight into the port that is hosting the ESPO Conference, we interviewed Mr. Allard Castelein, CEO of the Port of Rotterdam. What are his views on port investments? What about the container business in his port?

Maritime Journal | Training tug masters in the modern era

With increasingly sophisticated and higher-powered tugs operating in safety conscious environments training is moving on from the traditional approach of simply learning from the previous generation.Recent growth in activities involving advanced and powerful tugs at LNG terminals demand increasingly high standards of expertise…

Shale Oil

Expanded pipeline is safer than more train cars

Dear Editor: The existing Kinder Morgan Trans Mountain pipeline, built in 1953, can no longer meet the needs of its customers, and one of its largest customers is our local North Burnaby oil refinery. This provides the Lower Mainland with about one-third of its motor fuel, and because the refinery cannot get enough crude oil feedstock by pipeline, it gets it by rail.

Spring storm spawns tornado that kills 1, dumps heavy snow

As Minnesota began digging out from a mid-April snowstorm, one North Carolina city was cleaning up the damage Monday from a deadly tornado spawned from the same vast storm system that pushed across the U.S. and ended with drenching rains in the Northeast. The National Weather Service in Raleigh, North Carolina, confirmed…

Cerabino: Vaping through the offshore rigs - Opinion - Sarasota Herald-Tribune

It's not crazy to ask voters whether to ban offshore oil drilling in Florida's waters.And it's not crazy to ask voters whether to expand the ban on indoor smoking to include vaping.But it is crazy to ask both those questions in one take-it-or-leave it ballot measure.Welcome to Crazyville.Last week, the Florida Constitution Revision Commission…

Iran-Backed Houthi Militias Seize 19 Oil Tankers

Saudi ambassador to Yemen Mohammed Al Jaber said on Saturday that Houthi militias have hijacked 19 oil tankers in the Red Sea.Jaber, who is also the executive director of the Comprehensive Humanitarian Support Center in Yemen, raised the alarm on Houthi militias possibly taking the decision to blow up the oil vessels.The…

Semco Maritime Generated Positive Operating Results In

Maritime Activity Reports, Inc.April 20, 2018Photo: Semco MaritimeSemco Maritime’s revenue shrunk to DKK 1,408 million in 2017 against DKK 1,598 million in 2016 as the offshore services provider observed continued price pressure and market hesitancy amid postponed projects and growing competition across its business areas.“Even though oil and gas prices increased during the year…

Offshore Oil

NORWEGIAN STOCKS-Subsea 7 rises after making hostile bid for McDermott

OSLO, April 23 (Reuters) - * Norwegian shares traded up on Monday * Oslo's benchmark index rose 0.63 pct, or 5.26 points, to 851.43 points and was up by 3.89 pct year-to-date * The broader Oslo All Share Index was up 0.67 percent * Brent crude futures, a trigger for the oil heavy Oslo Bourse, fell $0.37 to $73.69 a barrel…

Subsea 7 (SUBCY) & Its Peers Critical Analysis

Subsea 7 (OTCMKTS: SUBCY) is one of 31 public companies in the “Oil & gas field services, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare Subsea 7 to related businesses based on the strength of its institutional ownership, analyst recommendations, risk, profitability, earnings, valuation and dividends.

Critical Analysis: Forum Energy Technologies (FET) & Deep Down (DPDW)

Forum Energy Technologies (NYSE: FET) and Deep Down (OTCMKTS:DPDW) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends and earnings. ProfitabilityThis table compares Forum Energy Technologies and Deep Down’s net margins…

Canada's Trudeau pledges money, new law pipeline happen | Nation World

OTTAWA, Ontario (AP) Prime Minister Justin Trudeau said Sunday he has instructed his finance minister to begin talks with Kinder Morgan to "remove the uncertainty" hanging over the controversial Trans Mountain pipeline expansion project that would nearly triple the flow of oil from Canada's oil sands to the Pacific CoastTrudeau…

2 ducklings, 1 duck recovering after April 12 Mississippi River oil spill: U.S. Coast Guard

Two ducklings and one Drake Mallard duck are recovering after a cargo vessel crashed into a pier near the Nashville Wharf on the Mississippi River last week, spilling thousands of gallons of oil into the water, according to a U.S. Coast Guard update Saturday night (April 21).After nine days of cleanup efforts, the Coast Guard said approximately 11…

Disel

Zac Efron and Michelle Rodriguez confirm romance

414View commentsZac Efron and Michelle Rodriguez have finally confirmed rumours they are dating after they were pictured kissing on holiday in Sardinia.The 26-year-old hunk and the openly-bisexual actress enjoyed a PDA as they cosied up to one another on a yacht on Saturday.Zac leaned in to kiss 35-year-old Michelle, who…

Zac Efron and Michelle Rodriguez confirm romance

414View commentsZac Efron and Michelle Rodriguez have finally confirmed rumours they are dating after they were pictured kissing on holiday in Sardinia.The 26-year-old hunk and the openly-bisexual actress enjoyed a PDA as they cosied up to one another on a yacht on Saturday.Zac leaned in to kiss 35-year-old Michelle, who…