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Iran changes tactics, destinations on oil exports, maritime official says

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FILE PHOTO: Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005. REUTERS/Raheb Homavandi/File Photo (Reuters) – Iran has adopted new tactics and new destinations in shipping its oil exports following the re-imposition of U.S. sanctions, a senior Iranian maritime official Read More

Indian Navy test fires medium range air defense missile, boasts ‘enhanced combat effectiveness’

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The Indian Navy has successfully tested a Medium Range Surface-to-Air Missile (MRSAM) developed by the national military research agency in cooperation with Israel Aerospace Industries. “The firing was undertaken on the Western Seaboard by Indian Naval Ships Kochi and Chennai, wherein the missiles of both ships were controlled by one ship to intercept different aerial Read More

Factbox: IMO 2020 – a major shake-up for oil and shipping

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(Reuters) – Tougher rules on sulfur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. United Nations shipping agency the International Maritime Organization (IMO) met in London this week for the only Marine Environment Protection Committee (MEPC) session this year and will fine Read More

IMO agrees on stricter efficiency targets for some ships

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LONDON (Reuters) – The International Maritime Organization (IMO) on Friday agreed stricter energy efficiency targets for certain types of ships in an effort to speed up action to cut the sector’s emissions. The IMO’s Marine Environment Protection Committee has been meeting in London this week to discuss tougher rules on sulfur emissions and other measures Read More

Coming marine fuel standard will disrupt markets for 1-5 years: BCG study

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FILE PHOTO: Capesize dry-bulk ship, the Great Tang, takes on bunker fuel in the Sing Straits from the Kantek 2 bunker barge December 17, 2017. REUTERS/Roslan Khasawneh HOUSTON (Reuters) – The marine industry’s January 2020 shift to using very low sulfur fuel oil (VLSFO) to power ships worldwide will launch a one- to five-year disruption Read More

Saudi Arabia has restarted oil pipelines after Iran-backed rebel attack

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By Nayla Razzouk on 5/15/2019 Photo: Saudi Aramco. DUBAI (Bloomberg) — Saudi Arabia restarted its main cross-country oil pipeline after a drone attack by Iran-backed rebels that halted the link and escalated tensions in the world’s largest oil-exporting region. Saudi Aramco resumed operations at the pipeline after a halt Tuesday, the state-run oil company said Read More

Topaz Energy and Marine installs Fueltrax for advanced fuel data reporting

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5/15/2019 DUBAI — Topaz Energy and Marine, an offshore energy logistics company, is partnering with Fueltrax, a real – time marine fuel management solution, on advanced fuel tracking and reporting. Topaz has installed Fueltrax EFMS across 21 of its vessels operating between Nigeria and Azerbaijan for data storage and surveillance. Fueltrax delivers an electronic record Read More

DNV GL and Nanyang Technological University, Singapore support 3D printing through a four-year research agreement

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5/14/2019 Photo: Professor Tim White, associate V.P. (Infrastructure & Programmes), NTU Singapore and Dr. Pierre C Sames, senior V.P. and director of DNV GL Group Technology and Research at the signing ceremony. SHANGHAI — Two new doctoral student (PhD) positions are being created through the Industrial Postgraduate Programme, supported by the Singapore Economic Development Board Read More

Horizon Maritime rebrands the Horizon Arctic and establishes Norwegian operation

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5/14/2019 Photo: Horizon Arctic vessel. AALESUND, Norway — Horizon Maritime is pleased to announce that the intake of the former Bourbon Arctic has been finalized. Now sailing under the name Horizon Arctic, the vessel is one of the most technically versatile multi-function offshore support vessels in the world.“The Horizon Arctic takes its place alongside Horizon Read More

Iran calls recent tanker attacks in UAE nothing but ‘Israeli mischief’

5 days ago DieselGasoil Comments Off on Iran calls recent tanker attacks in UAE nothing but ‘Israeli mischief’
The recent damage sustained to four commercial vessels off the UAE coast is nothing but Israeli meddling, an Iranian parliamentary spokesman said on Tuesday, as US-Iran tensions in the Persian Gulf continue to heat up. “The events that took place in the emirates were Israeli mischief,” Behrouz Nemati said, according to the Islamic Republic News Read More