Delays for oil tankers in Turkish straits jump to 12 days on weather, security risks

Delays for oil tankers passing through the Turkish Straits have climbed to about 12 days for a round trip to the Black Sea, up from about seven days last week, as winter storms, heightened security risks and shorter daylight hours snarl traffic, traders said and Riverlake data in LSEG showed. The congestion, which last exceeded …

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Solstad Maritime ASA: Successful amendment and extension of existing credit facilities

Highlights from the amended facilities agreement: The term of the loan has been extended by 2 years, with maturity extended from January 2027 to January 2029. The lenders’ option to further extend the term of the loan by an additional 2 × 1 year is maintained. The amortization profile is adjusted to reflect a 7-year …

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ABS, ENEOS, NYK Line, and SEACOR Holdings Launch Joint Study to Develop a Methanol Marine Fuel Supply Network in the U.S.

American Bureau of Shipping (“ABS”), ENEOS Corporation (“ENEOS”), Nippon Yusen Kabushiki Kaisha (“NYK Line”), and SEACOR Holdings Inc. (“SEACOR”) have begun a joint study to develop a methanol bunkering*1 and supply chain network along the U.S. Gulf Coast. The four parties aim to establish the first commercial-scale ship-to-ship*2 methanol bunkering operations in the U.S. In …

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VIRSEC Launches New Online Course to Tackle Harassment, Bullying, and Strengthen Crew Welfare

Given the continued industry focus on crew welfare, professional conduct, and the prevention of sexual harassment and bullying at sea, VIRSEC Ltd has launched An Introduction to Sexual Harassment Awareness in the Maritime Workplace, a practical fully online course developed to support maritime organizations in addressing these ongoing challenges.. Built around current IMO and ILO guidance …

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North Sea green shift at play: Dutch gas platform plugs into German offshore wind power

The Netherlands-based exploration and production player ONE-Dyas, together with its partners EBN and Tenaz Energy, has tucked a new decarbonization milestone under its belt by breathing life into the first natural gas production platform in the Dutch and German sectors of the North Sea to run on offshore wind energy. The post North Sea green …

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Ten-year job for Wood on US Gulf Coast LNG project

Scotland-headquartered engineering and consulting company Wood has won a multi-year assignment with Houston-headquartered NextDecade Corporation for a liquefied natural gas (LNG) export project in Texas, United States.  The post Ten-year job for Wood on US Gulf Coast LNG project appeared first on Offshore Energy.

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