Search results for: november-2016

200779 results

A list of search results

  • 18 January 2017
    Business & Finance

    Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of a secondhand Aframax crude carrier from an unnamed party. The company had inked a contract to buy the 2011-built vessel in November 2016. The only ship that fits the description is the Phoenix Beacon, sold to G E Shipping in November 2016, according to data […]

  • 23 February 2017

    Brazilian oil company Petrobras has suspended charter payments for the Arendal Spirit flotel, owned by Teekay Offshore Partners. This was revealed by Teekay on Thursday in its financial report. Teekay said the Arendal Spirit experienced an operational incident relating to its dynamic-positioning system in November 2016. As a result of the operational incident the charterer […]

  • 26 August 2016
    Business & Finance, Project & Tenders

    Works continue on the Newhaven flood alleviation scheme with the contractor Arcadis completing ground investigation works on the ‘West Bank’. The ground works, which started on August 8th 2016, involved drilling boreholes and trial pits to check ground conditions at the ‘West Bank’. Latest developments on this £17 million scheme also include planning permission that was granted by Lewes […]

  • 29 April 2013

    Sinopec Kantons, China Shipping Development, and Mitsui O.S.K. Lines announced that they have entered into the agreements with Hudong – Zhonghua and China Shipbuilding for the construction of six LNG carriers with an anticipated total project costs of approximately US$1,510,000,000. The expected delivery dates for the LNG carriers are on, or before April 2016, July 2016, […]

  • 26 December 2016
    Business & Finance

    Market conditions across most sectors of the shipping industry in 2016 have been highly challenging and things in many sectors appear to be as bad as they have ever been, according to Clarksons Research. In the wider fleet some niche sectors have seen better earnings, but even so, most shipowners will surely be hoping that […]

  • 17 July 2014
    Business & Finance

    Australian miner Fortescue has launched talks for the construction of four highly efficient very large ore carriers (VLOCs) for a total investment value of US$275 million, the company said.   Construction is expected to commence in the second half of 2014 and delivery is scheduled for November 2016 through to May 2017 with the majority […]

  • 22 November 2016
    Business & Finance, Project & Tenders

    The Dutch company APM Terminals has awarded the construction of a new container terminal for APM Terminals Tangier MedPort to a conglomeration of four companies of the Willemen Groep. The companies involved are Aswebo, Aannemingen Van Wellen, Franki Construct and Cosimco. The terminal will be built on a site of 53 hectares and will have […]

  • 6 October 2016
    Project & Tenders

    Ithaca Energy’s Stella field in the UK North Sea is still expected to start production in November 2016. Providing an operational update Ithaca on Thursday said that the hook-up and commissioning operations of the production facility FPF-1 were progressing to plan. To remind, the FPF-1 set sail from a yard in Poland in August, and […]

  • 4 January 2017

    Energy giant Chevron has resumed production at one of its two production units at the Gorgon LNG plant in Western Australia, following a shutdown in late November 2016.  The Barrow Island-located Gorgon project is supplied from the Gorgon and Jansz-Io offshore gas fields. According to information provided to Offshore Energy Today by a spokesperson for Chevron, Gorgon […]

  • 2 February 2014
    Business & Finance

    DHT Holdings, Inc. (DHT) has entered into a letter of intent (LOI) with Hyundai Heavy Industries Co., Ltd. (HHI) in South Korea for the construction of three additional VLCCs. The construction of the two vessels  will cost USD 194.6 million (USD 97.3 million each), including $2.3 million in additions and upgrades to the standard specification, […]

  • 18 January 2017
    Exploration & Production

    Denmark’s Port of Esbjerg on Tuesday shared a photo on its social media channels showing the Ensco 72 jack-up drilling rig departing after a service stay. According to the update from the port, the Ensco 72 had left earlier this week after a two-month stay during which the rig underwent comprehensive service and maintenance. The jack-up […]

  • 28 September 2015
    Business & Finance

    Havila Shipping ASA has secured a contract extension for one of its vessels with the Norwegian oil and gas giant Statoil. According to Havila Shipping’s filling to Oslo stock exchange on Friday, September 25, 2015, Statoil has declared the second option for the Rapid Response Vessel (RRV) vessel Havila Troll. The optional period is for […]

  • 23 February 2017
    Business & Finance

    On Monday, February 20, NASSCO shipbuilders took the Jones Act tanker Liberty to sea for the very first time for tests and trials. The Liberty is the third and final ship to be constructed as part of the ECO Class tanker program for SEACOR. In September and November of 2013, General Dynamics NASSCO entered into […]

  • 12 January 2017
    Business & Finance

    The U.S. Army Corps of Engineers, Buffalo District, recently completed repairs to sections of breakwaters in Cleveland Harbor, Lorain Harbor, Fairport Harbor and Port Clinton – each along Lake Erie’s southern shore. In addition to the structural damages Superstorm Sandy inflicted, a number of shipping channels were burdened with extra sediment from storm wave action […]

  • 1 June 2015
    Business & Finance

    South Korea’s shipbuilder Hanjin Heavy Industries has received a KRW 75.6 billion (USD 67.9 million) order to built two container ships for an unnamed European owner, the company’s stock announcement shows.  The contract was signed on May 29, and the two boxships are expected to be delivered by the end of November 2016. Hanjin Heavy signed […]

  • 3 February 2014

    DHT Holdings, Inc. (DHT) has entered into a letter of intent (LOI) with Hyundai Heavy Industries Co., Ltd. (HHI) in South Korea for the construction of three more very large crude carriers. The contract price is approx $97.3 million per VLCC, including $2.3 million in additions and upgrades to the standard specification. The vessels are […]

  • 16 February 2014
    Business & Finance

    DHT Holdings, Inc. said on Friday that, with regards to the letter of intent announced on January 31, 2014, it has entered into firm contracts to construct three VLCCs at Hyundai Heavy Industries Co., Ltd. (“HHI”) in South Korea. The contract price is $97.3 million for each vessel, including $2.3 million in additions and upgrades […]

  • 23 November 2016
    Business & Finance

    Incidents involving abductions of crew from ships while underway have increased in the Sulu-Celebes Sea and eastern Sabah region in the period from March to November 2016, according to piracy watchdog ReCAAP ISC. Namely, since March, 44 crew member were abducted, 11 of which remain in captivity. During the period there have been 11 incidents in the […]

  • 30 October 2013

      Hyundai Mipo Dockyard (HMD) from Ulsan, South Korea, signed on October 29th 2013 two contracts worth circa $492 million for the construction of sixteen Medium Range (MR) tankers. The vessels were ordered by an unnamed ship owner from the Middle East. Hyundai Mipo revealed in a regulatory filing to the Korea Stock Exchange that […]

  • 16 December 2016
    Business & Finance

    Japanese shipbuilders received 85 percent less export ship orders in Fiscal Year 2016 to date compared to the same period in FY 2105, data provided by the Japan Ship Exporters Association shows. In the period between April 2016 and November 2016, Japanese shipyards received a total of 46 new export ship orders totaling 1,945,949 gross tons, […]

  • 17 February 2014

    DHT Holdings, Inc., with regards to the letter of intent announced on January 31, 2014, has entered into firm contracts to construct three very large crude carriers VLCCs at Hyundai Heavy Industries Co., Ltd. (HHI) in South Korea. Each vessel will cost $97.3 million, including $2.3 million in additions and upgrades to the standard specification. […]

  • 28 September 2016
    Business & Finance

    Norwegian offshore driller Odfjell Drilling has completed its refinancing according to an agreement reached back in August. To remind, the company on August 25 said it had received a firm offer from its bank syndicate to refinance the senior secured term loan facility secured by the rigs Deepsea Atlantic and Deepsea Stavanger maturing in November […]