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Russia: Nord Stream 2 kicks off environmental assessment

Nord Stream 2 AG, a company developing the Nord Stream 2 pipeline through the Baltic Sea, has started the environmental impact assessment (EIA) procedure in Russia. The twin pipeline, which involves two parallel 48 inch lines, will trave...

14/04/2017 Read

Somali Security Forces free Indian crew after standoff with pirates

The crew of the Indian cargo ship that was taken by Somali pirates on April 1st have been released after a standoff with Somali security forces, Oceans Beyond Piracy (OBP) confirmed to World Maritime News. Up to 11 crew members...

13/04/2017 Read

OPEC over-delivers on oil cuts, but sees rivals’ output rising

By Alex Lawler LONDON (Reuters) – OPEC cut oil output in March by more than pledged under a supply reduction deal and said oil inventories had fallen in February, suggesting that its effort to clear a supply glut that has weighed on wor...

13/04/2017 Read

World’s largest boxship joins Maersk Line’s fleet

Danish container shipping major Maersk Line has taken delivery of Madrid Maersk, a 20,568 TEU boxship, from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), the shipping company told World Maritime News.  The ultr...

13/04/2017 Read

Allseas wins Nord Stream 2 pipelay contract in Baltic Sea

The operator of the Nord Stream 2 natural gas pipeline through the Baltic Sea has signed an offshore pipelaying contract with Swiss-based Allseas. Allseas will undertake the offshore pipelay work for both lines in 2018 and 2019 using three pipelay...

12/04/2017 Read

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