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VIKING CHANCE

Vehicle Carrier | Flag: Singapore | Port: SINGAPORE

VIKING DRIVE

Vehicle Carrier | Flag: Singapore | Port: SINGAPORE

Maritime News

BIMCO: Ship Demolition Prices Spike, Tankers Lead the Way

BIMCO: Ship Demolition Prices Spike, Tankers Lead the Way

3 minutes ago
In the first four months of 2021, the amount of oil product tanker capacity that has been sent for demolition has already reached the total amount of demolished capacity in each of 2019 and 2020 due to unfavourable freight rates. If that pace continues for the rest of the year, an 11-year record is set to be broken.This according to a report out today from BIMCO, which shows that so far this year, 10 crude oil and 38 oil product tankers have left the active trading fleet and the development in crude oil tanker demolition and that of oil product tankers continues to head in different directions. Crude oil cargo carrying capacity of just 1.
No Jones Act Waiver Requests in Wake of Pipeline Shutdown, US Says

No Jones Act Waiver Requests in Wake of Pipeline Shutdown, US Says

14 hours ago
The U.S. government has not received any requests to waive the Jones Act in response to the shutdown since Friday of the Colonial Pipeline due to a ransomware attack, a spokesman for the U.S. Customs and Border Protection said on Monday.Washington has only rarely waived the Jones Act to help relieve fuel supply constraints. The Jones Act requires goods moved between U.S. ports to be carried by ships built domestically and staffed by U.S. crews.(Reporting by Timothy Gardner; Editing by Leslie
U.S. Refiners Book Tankers to Store Oil Products as Cyber Attack Cripples Colonian Pipeline

U.S. Refiners Book Tankers to Store Oil Products as Cyber Attack Cripples Colonian Pipeline

44 minutes ago
U.S. refiners booked at least four tankers to store refined oil products off the Gulf Coast following a cyber attacks that crippled the biggest U.S. pipeline, shipping data showed on Tuesday.The attack on the Colonial pipeline network, which supplies half of the fuel consumed along the East Coast, has forced Gulf Coast refineries to scale back operations due to lack of storage space.The tankers, booked by Marathon Petroleum, Valero Energy, Phillips 66 and PBF Energy, can hold around 350,000 tonnes of fuel. Two of them were booked for up to 30 and 40 days, the data showed.
Korea Shipbuilding & Offshore Engineering Confirms $764,5M FPSO Hull Order

Korea Shipbuilding & Offshore Engineering Confirms $764,5M FPSO Hull Order

an hour ago
Korea Shipbuilding & Offshore Engineering has through its subsidiary Hyundai Heavy Industries secured a ~$764,5 million order for the construction of an FPSO Hull.In a stock exchange filing on Tuesday, KSOE said it had secured a KRW 854,7 billion. It said its contract partner was Singapore's Keppel Shipyard and that the delivery was for the South American market.KSOE said the contract date was May 10, 2021. The date corresponds to Keppel Shipyard's announcement on Monday, which said it had won a contract, together with Hyundai Heavy Industries, to deliver an FPSO for Petrobras' Buzios field.
Enauta Charters Solstad AHTS for Atlanta Field Support

Enauta Charters Solstad AHTS for Atlanta Field Support

2 hours ago
Brazilian oil company Enauta has chartered an anchor handling tug and supply vessel from Norway's Solstad Offshore.Solstad Offshore said Tuesday it had struck a deal with Enauta for the charter of the 2006-built AHTS Normand Turmalina (previously known as BOS Turmalina).Enauta will continue using the vessel it first chartered back in August 2017 to support operations at its Atlanta oil field in the Santos Basin, offshore Brazil.The contract is for 18 months firm, with Enauta having a 2-year extension option. The contract is expected to start in May 2021.The Atlanta field has been producing oil via Petrojarl I FPSO - as an early production system.
Maritime Reporter and Engineering News (April 2021)
Maritime Reporter and Engineering News (April 2021)
Offshore Wind Energy: Installation, Crew & Supply Vessels