MOL inks deal with Vale for VLOC newbuilds
Japan’s Mitsui O.S.K. Lines Ltd. announced on November 26 that it had signed a long-term transport contract with Brazilian mining giant Vale International SA, a subsidiary of Vale S.A., for two very
Body of capsized tug captain found
The body of the 46-year-old captain of the tug Fairplay-22, which capsized in Rotterdam on November 11th, was found today on the beach close to Hoek van Holland, the Netherlands. Owner of
Salazar says he’ll cut offshore wind red tape
Using an approach that it says has helped get solar energy projects started on public lands in the West, the Department of the Interior is launching what it calls a “Smart from
DryShips buys options to build up to four drillships
DryShips Inc. (NASDAQ: DRYS) says it has entered into an agreement with “a major South Korean shipyard” for the option to construct up to four ultra deepwater drillships. The new vessels would
Indian warship fires warning shots ahead of Restis bulker
The Indian Navy today fired warning shots ahead of a Restis Group bulker, the 57,000 dwt Bahamas-flag Dynamic Striker. The ship, managed by Restis’s Enterprises Shipping and Trading, arrived in Mumbai October
Landrieu to keep up pressure on Salazar
United States Senator Mary L. Landrieu, D.-La., today expressed disappointment following Interior Secretary Ken Salazar’s visit to Houma, Louisiana, where he was supposedly to have outlined a series of steps to lift
Spain using PSC fines as piggy bank?
With Spain facing the same sort of debt problems facing several other Eurozone economies, its Treasury has come under domestic criticism for pretty much going to any length to raise money. According
Salazar meets with shallow water drillers
Secretary of the Interior Ken Salazar was in Louisiana today for a meeting with shallow water drillers. He was accompanied by Assistant Secretary Tom Strickland, and Bureau of Ocean Energy Management, Regulation
NEXT MONTH IN MARINE LOG MORE
TALKING GREEN: With Castrol’s Environmental Specialist Susannah Linington ML: Part of your job as an Environmental Specialist for the Marine and Energy Lubricants unit of BP Castrol is to keep your finger
OSX Brasil buys Vela VLCC’s for FPSO conversion
OSX Brasil S.A., the offshore services unit of Brazilian billionaire Eike Batista’s EMX empire, continues to forge ahead with its operations. Among recent developments have been a $54 million agreement to buy