Search results for: CSET

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  • 7 August 2019
    Business & Finance

    MOL and COSCO Shipping Energy Transportation (CSET) have decided to further develop their cooperation.

  • 12 January 2018
    Business & Finance

    COSCO Shipping Energy Transportation has signed a tanker cooperation deal with Sinochem Oil.

  • 12 February 2018

    Big fleets and the diverse ownership of the remainder of the VLCC fleet to cap consolidation in the sector.

  • 7 August 2019

    Japan’s Mitsui O.S.K. Lines (MOL) and COSCO Shipping Energy Transportation, a China COSCO Shipping Corporation unit, signed a memorandum of understanding to cooperate on LNG and ethane carrier projects.

  • 4 November 2013

    Three Aboriginal training and employment organizations have signed a Memorandum of Understanding (MOU) to create the Coastal Aboriginal Shipbuilding Alliance (CASA). In the MOU, witnessed by Jonathan Whitworth – CEO of Seaspan ULC (Seaspan), the Aboriginal Community Career Employment Services Society (ACCESS), Coast Salish Employment and Training Society (CSETS) and First Nations Employment Society (FNES) […]

  • 4 November 2013
    Business & Finance

    Three Aboriginal training and employment organizations recently signed a Memorandum of Understanding (MOU) to create the Coastal Aboriginal Shipbuilding Alliance (CASA). In the MOU, witnessed by Jonathan Whitworth-CEO of Seaspan ULC (Seaspan), the Aboriginal Community Career Employment Services Society (ACCESS), Coast Salish Employment and Training Society (CSETS) and First Nations Employment Society (FNES) have agreed […]

  • 27 June 2017
    Business & Finance

    Cosco Shipping Energy Transportation (CSET) has signed a loan agreement with Export Import Bank of China (China EximBank) worth USD 543.9 million. As disclosed, the funds will be used to finance around 70 percent of construction of ten newbuild tankers. The newbuilding ships include seven VLCC and three LR1-type tankers. Cosco Corporation’s energy arm said in […]

  • 31 October 2017
    Business & Finance

    The Board of Directors of COSCO Shipping Energy Transportation (CSET) has approved an investment in 14 new tankers, the company said in a regulatory filing. As informed, Dalian Shipbuilding will be in charge of constructing four new ships of 32,000 dwt and three crude oil tankers of 160,000 dwt. CSSC Offshore & Marine Engineering (Group) […]

  • 25 September 2017
    Business & Finance

    China’s COSCO Shipping Energy Transportation has received a government subsidy for disposal and retrofit of vessels worth approximately HKD 421 million (USD 54 million). The subsidy is part of revenue-related government grants and is aimed at compensating for relevant expenses or losses already incurred by the enterprise. “It is expected that the subsidy will have a […]

  • 3 January 2018
    Business & Finance

    COSCO Shipping Energy Transportation orders two 308,000 dwt tankers from DACKS.

  • 18 December 2017
    Business & Finance

    COSCO Shipping Energy Transportation reveals an order for seven more ships at GSI.

  • 4 March 2011
    Business & Finance, Equipment

      In February, EMGS extended its water-depth record by towing an EM source at a depth of 3,449 m. The survey is part of the long-term work EMGS is performing for PEMEX in the Gulf of Mexico. Markus Skarø, EMGS Vice President of Acquisition, says, “The new record is 57 m deeper than our previous […]

  • 27 April 2020
    Business developments & projects

    OceanSET partners produced their first annual report based on recent information on costs, technologies, revenue support and other facts. OceanSET is a 3-year project supporting ocean energy implementation plan of the European Strategic Energy Technology Plan (SET Plan). This €1 million project has received funding from the European Union’s Horizon 2020 research and innovation programme. […]

  • 7 December 2015
    Business & Finance

     COSCO Shipyard Engineering Service (Dalian) (CSES), a 75%-held subsidiary of COSCO Shipyard Group (CSG), entered into a conditional sale and purchase agreements on 1 December 2015 to acquire the entire registered capital of COSCO (Tianjin) Shipyard Co., Ltd. Pursuant to the sale and purchase agreements, CSES will acquire 90% interest in COSCO Tianjin from CSG and the […]

  • 4 April 2019
    Business & Finance

    Norwegian offshore oil and gas survey company EMGS has signed a deal with Equinor for its second full-scale controlled-source electromagnetic CSEM well calibration study project in cooperation with Equinor.

  • 3 September 2013

    New Century Shipbuilding (NCS) has delivered the first 74,500 DWT product/chemical tanker to Jo Tankers AS from Norway. The vessel, named JO ROWAN, is one of the biggest product and chemical tankers in the world. The overall length of the LR-classed vessel is 228.6 meters, its moulded breadth being 32.26m, moulded depth 21.2 m, design draft […]

  • 4 September 2013

    New Century Shipbuilding (NCS) has delivered the first 74,500 DWT product/chemical tanker to Jo Tankers AS from Norway. The vessel, named JO ROWAN, is one of the biggest product and chemical tankers in the world. The overall length of the LR-classed vessel is 228.6 meters, its moulded breadth being 32.26m, moulded depth 21.2 m, design draft […]

  • 6 March 2017
    Business & Finance, Equipment, Operations & Maintenance

    Trelleborg’s offshore operation has formalized its Drill Riser Buoyancy Module (DRBM) repair offering for the Gulf of Mexico through its partnership with the Deepwater Riser Services division of Chet Morrison Contractors. DRBMs are installed to reduce a drilling riser’s net weight in water, and ensure that the structure and drilling vessel are supported. This new […]

  • 2 July 2020
    Business & Finance

    China Merchants Energy Shipping (CMES) has agreed to acquire 70% of equity interest in Singapore-based bunker trader China Merchants Energy Trading (CMET) from a sister company China Merchants Hoi Tung. The tanker and oil shipping giant said the move was aimed at ensuring a sustainable supply of fuel oil and other oil products to its […]

  • 26 February 2020
    Business & Finance

    AquaTerra Group has extended its capabilities with the acquisition of the trade and assets of subsea engineering and technology business SETS.

  • 20 August 2013

      The International Labour Organization’s Maritime Labour Convention (MLC, 2006) comes into force today, inaugurating a new era of decent work for seafarers and fair competition for shipowners in the global shipping industry. “This Convention is a milestone in maritime history,” said ILO Director-General Guy Ryder. “The product of tripartite dialogue and international cooperation, it […]

  • 26 February 2020
    Business & Finance

    AquaTerra Group has extended its capabilities with the acquisition of the trade and assets of subsea engineering and technology business SETS. Formed in 2011, SETS is a focused primarily on conductor inspection and integrity, repair and maintenance. The company designs, manufactures and implements remotely operated tooling to facilitate conductor cleaning and inspection, and repair clamp […]