Oman Launches Floating Storage For DME Crude Delivery

Representation Purpose Image - Photograph by Avneet Kaur Oberoi

Oman Tank Terminal Company (OTTCO) said it has awarded three companies access to a 2.1 million barrels of crude floating storage facility that would boost trading in crude oil futures on the Dubai Mercantile Exchange (DME).

New Asian ‘Boat People’ Crisis Feared When Rains End – UNHCR

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A fresh surge of refugees and migrants from Myanmar and Bangladesh is expected to set out in smugglers’ rickety boats for southeast Asia when the monsoon season ends in about a month, the United Nations said on Friday.

IMO Issues Fresh Condemnation of Mediterranean People Smugglers


Recent incidents in which hundreds of migrants attempting to cross the Mediterranean to Europe have lost their lives, including dozens found dead in the holds of the ships that were carrying them, have prompted strong condemnation and refreshed calls for concerted action to tackle people smugglers from IMO Secretary-General Koji Sekimizu.

LR Develops New Technology For Container Ships


LR’s lashings specialists have been using state-of-the-art analysis techniques that will enable owners of ultra-large container ships to extend their vessels’ cargo-carrying capabilities.

Stena Drilling Pleads Guilty For 2012 Stena Clyde Accident

Credits: Ken Hodge/

NOPSEMA’s investigation identified that senior management on the Stena Clyde failed to apply the Stena management of change principles in failing to carry out a new risk assessment and toolbox talk after altering the original plan of works. Further, Stena Drilling conceded that senior members of the drilling crew failed to ensure that a revised risk assessment had been carried out prior to implementing the new plan.

World’s Largest Heavy Lift Crane Vessel To Be Classed By LR


LR has won a contract to class the world’s largest heavy lift crane vessel (NSCV) for the Netherlands-based Heerema Group. The semi-submersible vessel will be constructed at the newly opened Sembcorp ‘Mega yard’ in Singapore.