1956 results found for 'cygnus'

1956 results found for 'cygnus'
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  • Advantage Tankers Linked to Five-Ship Purchase

    15 May 2017
    Business & Finance

    The Marshall Islands-based holding company Advantage Tankers has allegedly bought five MR1 tankers from Cyprus-based shipping company Interorient, VesselsValue’s data shows. The ships in question are Baltic Marshall, Baltic Merchant, Baltic Ambition, Baltic Faith and Baltic Force. They were reportedly sold in an en bloc transaction for USD 12 million each on May 12. All […]

  • New VLCC Joint Venture on Horizon

    1 October 2014
    Business & Finance

    Frontline Management (Bermuda) Ltd., and Cyprus-based Tankers International LLC (TI) have started a new company named VLCC Chartering Ltd., pooling together their respective VLCC fleets in an effort to enhance flexibility and provide cargo owners with more options. The companies also hope that the new joint venture will enable them to to reduce voyage related expenses and thereby […]

  • Erdoğan: Turkey won’t bow to threats of EU sanctions over seismic work

    8 December 2020
    Authorities & Government, Exploration & Production, Infrastructure, Regulation & Policy

    Turkish President Recep Tayyip Erdoğan stated that he would not bow to threats regarding the dispute with Greece and Cyprus over maritime claims in the eastern Mediterranean as the EU foreign ministers met in Brussels to discuss the issue.

  • North Sea: Valiant Petroleum Reports Oil Discovery

    11 May 2010

    Valiant Petroleum announced that its operated Tybalt exploration well 211/8c-4 (License P1632) has discovered hydrocarbons in the targeted Upper Magnus Sand Formation within the eastern ‘T2’ pinch-out prospect East Tybalt having intersected a gross oil column of 278 feet (85 meters). Initial log while drilling data indicates at least 63 feet (19 meters) of reservoir, […]

  • MTN Satellite Communications provides broadband VSAT services for new Intership Bulk Carriers

    15 October 2010

    Cyprus-based Intership Navigation Co. Ltd has signed a service agreement with MTN Satellite Communications (MTN), the global provider of communications, connectivity and content services to remote locations around the world, to provide broadband satellite connections for its two new giant bulk carriers. The 177,000 deadweight ton ships are being built at the New Century Shipyard […]

  • Prosafe to Order Accommodation Rig in Singapore

    4 October 2012
    Business & Finance

    Prosafe has today entered into a Letter of Intent for the construction of a semi-submersible accommodation rig at Jurong Shipyard Pte Ltd (“JSPL”) in Singapore. The rig, which is of similar design as Safe Boreas presently in construction at JSPL, will be built to comply with  Norwegian regulations. The rig will be ready for operations […]

  • Union Maritime Linked to Purchase of Eight Aframaxes

    25 September 2018
    Business & Finance

    Union Maritime has reportedly signed a sale-and-purchase agreement for eight Aframax tankers.

  • Posidonia 2018: Things Gearing Up

    5 June 2018

    Suppliers and shipyards courting world’s largest shipping fleet and owners

  • New CEO for Deep Sea Supply

    21 April 2015
    Business & Finance

    Deep Sea Supply, a Cyprus headquartered owner of offshore support vessels, has appointed Jon Are Gummedal as new CEO of the company. Gummedal has worked with Deep Sea Supply since January 2014 as Technical Director with the responsibility of the technical management and crewing of the fleet operating worldwide. Prior to this, he held a position as […]

  • Prosafe’s Chairman of the Board quits

    29 September 2015
    Business & Finance

    Prosafe SE has announced that its Chairman of the Board, Ronny Johan Langeland, has decided to resign, with effect from September 28, 2015. Prosafe, an owner and operator of semi-submersible accommodation vessels, said in its announcement on Tuesday that Langeland had resigned solely due to health reasons. The company headquartered in Cyprus said its Board would […]

  • USCG: Bulker Refloated in Beaufort Inlet

    18 November 2016

    The 2014-built cargo ship Pola Palekh has been refloated after it ran aground in Beaufort Inlet Channel, North Carolina, on November 18, 2016, the US Coast Guard (USCG) informed.  Tugboats assisted the Pola Palekh off the shoaling and escorted the vessel to Morehead City State Port Terminal, with the process monitored by the USCG. The USCG said […]

  • Russia: NOVATEK Announces Change in Shareholder Structure

    4 April 2011

      OAO NOVATEK today announced a change in the shareholding structure of shareholders holding not less than five percent of the Company’s ordinary shares. On 4 April 2011, the Company was notified by Total E&P ARCTIC RUSSIA that it had increased its share in NOVATEK’s equity from zero to 12.0869%. On the same date, SWGI […]

  • WFW: Gas Ray Shipping to Get Financing for LPG Carrier

    12 April 2017
    Business & Finance

    Shipowner Gas Ray Shipping LLC has secured a USD 11.8 million loan facility from Cyprus’ Hellenic Bank to refinance the acquisition costs of the liquefied petroleum gas (LPG) carrier Gas Ray. Data provided by VesselsValue shows that the 35,533 cbm vessel is under the management of Greece-based Prime Gas Management. Featuring a length of 174 meters […]

  • The Netherlands: Brand New Damen Stan Pontoon 9127 Delivered

    25 January 2013

    Last Monday January 21st the brand new Damen Stan Pontoon 9127 (SPo 9127) was handed over to Damen’s long term customer EDT Offshore. The ‘EDT REGAS’ was delivered from stock with a delivery time of 2 weeks after the contract. The SPo 9127 has a length of 91,5, a beam of 27,4 and a height […]

  • BG Group looking to join forces with BP in Egypt

    23 October 2014

    BG Group entered talks with BP to try and come to a deal that would link their two gas developments offshore Egypt.  Sources close to the matter say that LNG player BG is looking to inject a spark into its Idku export facility, reports Reuters. The facility has been struggling with gas supply due to Egyptian […]

  • Torgy LNG’s fuel tank design gets DNV approval

    6 April 2017

    Classification society DNV GL has approved Norway-based Torgy LNG’s updated fuel tank design. The updated LNG Type A tank design has been granted a general approval for ship application (GASA) by DNV GL. The original design was the first LNG tank based on the IMO A atmospheric design to have been awarded a GASA certificate, DNV […]

  • Wartsila tech ordered for 17 LNG newbuilds

    11 December 2015
    Equipment, Project & Tenders, Vessels

    Wärtsilä said it has been contracted by Daewoo Shipbuilding and Marine Engineering (DSME) of South Korea to supply combined inert gas generators and gas combustion units for 17 new LNG carriers currently under construction at the yard.

  • Vattenfall to Invest EUR 963 Mln in Wind Energy

    5 February 2015
    Business & Finance

    The Swedish energy company, Vattenfall, will invest a total of SEK 9.1 billion (EUR 963 million) in wind power over the course of two years. According to the company’s full year report, Vattenfall is planning to spend SEK 41 billion (EUR 4.34 billion) for the same period, out of which SEK 11.1 billion (EUR 1.18 […]

  • Vattenfall Names New CFO

    15 September 2016
    Business & Finance

    Vattenfall has appointed a new Chief Financial Officer (CFO). Stefan Dohler, who is currently Senior Vice President for the Business Area Markets and a member of Vattenfall’s group executive management team, will assume the new post on 1 December, and Vattenfall has already initiated the recruitment process for a new Head of Business Area Markets. […]

  • Songa Offshore Reports Fleet Status Update for May 2013

    5 June 2013
    Business & Finance, Project & Tenders

    Songa Offshore, a Cyprus-based offshore drilling contractor, has announced its drilling rig fleet status update for May 2013. Songa Dee achieved an operating efficiency of 100% during the month continuing working for Statoil in Norway. Songa Delta achieved an operating efficiency of 100% during the month continuing working for Statoil in Norway. Songa Trym achieved […]

  • EGAS selects PGS for “largest seismic exploration project” in Mediterranean

    29 June 2015
    Business & Finance

    PGS has been selected by Egyptian Natural Gas Holding Company (EGAS) to supply services related to what the two companies dubbed as the largest seismic oil and gas exploration project in the Mediterranean. The MultiClient Agreement covering Egypt’s Western Mediterranean Sea was signed Wednesday, June 24, 2015 by Egyptian Natural Gas Holding Company (EGAS) and […]

  • Standard Drilling pockets $7.5 million after closing vessel sale

    5 August 2021
    Business & Finance, Business Developments & Projects, Vessels

    Offshore vessel operator S.D Standard Drilling has completed the sale of one of its platform supply vessels (PSVs).

  • Castor Maritime Buys Third Panamax Bulker

    18 October 2019
    Business & Finance

    This is the company’s second vessel purchase since it listed on NASDAQ in February this year.

  • Celestyal, Thomson Cruises Extend Thomson Spirit Charter

    4 July 2017
    Business & Finance

    Cyprus-based cruise line Celestyal Cruises informed about a one-year extension of the Thomson Spirit charter to Britain’s Thomson Cruises of TUI Travel for the 2018 season. The 33,930 gross ton ship has been chartered to Thomson since May 2003. According to the terms of the charter, the cruise ship will operate as a Thomson Cruises […]

  • New Capacity Lifts Vattenfall’s Wind Numbers

    19 July 2019
    Business & Finance

    Swedish energy company Vattenfall has reported an 18.4 percent increase in wind power generation in the first half of 2019 compared to the same period a year earlier, mainly due to the addition of new capacity. During the last twelve months, Vattenfall has commissioned the 97MW Aberdeen Bay (EOWDC) offshore wind farm in Scotland, the […]