10000 results found for 'prelude flng'

10000 results found for 'prelude flng'
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  • Oman Drydock to Introduce New LNG Repair Partnership at Posidonia

    13 May 2014

    Oman Drydock Company (ODC) is to formally launch a new partnership targeting the LNG carrier repair market at next month’s Posidonia trade fair in Greece, the company said in a statement. The new package is being launched with DSEC a subsidiary of Daewoo Shipbuilding and Marine Engineering Company Ltd (DSME), which is ODC’s official partner. […]

  • HHI to Build Five 18,000 TEU Ships for UASC (South Korea)

    2 September 2013
    Business & Finance

    Hyundai Heavy Industries, Korea (HHI) is to build five 18,000 TEU ships. In addition, there will be an option for one more. The contracts between UASC and HHI also include 5 + 6 ships of 14,000 TEU, also to DNV class. “I’m pleased and proud that DNV has been selected as the preferred class for […]

  • China Yuchai Starts Gas Engine Development Project

    7 March 2012

    China Yuchai International Limited announced that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL) has inaugurated a new project to develop and produce a full portfolio of natural gas powered engines to complement its existing suite of diesel engines. Customers will be offered a greater choice of GYMCL’s engines to meet their needs, […]

  • Wuhai Coke Oven Gas Project Starts Production, China

    15 October 2012

    The commissioning ceremony for the Energy Conservation and Emission Reduction Project for Comprehensive Utilization of Coke Oven Gas was held in Wuhai City. The Project is invested and constructed by Wuhai China Natural Gas Company, a subsidiary of China Natural Gas Corporation, of which Kunlun Energy Company is the holding company. Mr. Bai Xiangqun, Vice […]

  • Kevin McCann to Retire from Origin (Australia)

    3 October 2013

    Origin Energy announced that Kevin McCann, AM, who has been Chairman since Origin listed on the ASX in 2000, has advised that he will retire as Chairman and Director after the company’s Annual General Meeting to be held on 23 October 2013. Origin also announced that the Board has elected Gordon Cairns to succeed Mr […]

  • Wärtsilä’s €200M revenue ANCS unit to be sold to Solix Group

    17 December 2024
    Business & Finance, Business Developments & Projects, Collaboration, Technology, Vessels

    Finnish technology heavyweight Wärtsilä is set to divest its Automation, Navigation and Control System (ANCS) business to the Swedish investment company Solix Group AB. Pending formal approvals, the transaction is expected to be completed in the second quarter of 2025. ANCS—which was acquired by Wärtsilä in 2015 as part of Marine Systems International—is a player […]

  • Are natural gas and renewables keys to unlocking a low-emission energy future in the US?

    29 September 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    America is in need of an all-inclusive energy strategy, which features natural gas as a crucial element along with renewable energy, to come to grips with climate and energy challenges.

  • UECC cheers delivery of 3rd multi-fuel LNG battery hybrid car carrier

    20 October 2022
    Business Developments & Projects, Green Marine, Vessels

    Norway-based RoRo transportation provider United European Car Carriers (UECC) has taken delivery of its third and final newbuild multi-fuel LNG battery hybrid pure car and truck carrier (PCTC). The latest newbuild, to be named Auto Aspire, was delivered on 20 October at China’s Jiangnan Shipyard and will soon join sister vessels Auto Advance and Auto […]

  • MSC-Fincantieri deal for two new hydrogen-powered ships stands

    21 September 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels

    The Cruise Division of MSC Group has confirmed firm orders for two hydrogen-powered vessels for its luxury travel brand Explora Journeys with the Italian shipbuilder Fincantieri and pledged to continue its push towards a net zero-carbon emissions target by 2050 by investigating additional new and advanced environmental technologies for the luxury ships. According to Fincantieri, […]

  • McDermott offloading storage business arm for $475 million six years after merger

    9 October 2024
    Business & Finance, Business Developments & Projects

    McDermott has set the sale of its storage business line in motion, with a newly inked agreement, following its marketing process which culminated in a winning offer from a consortium of financial investors, led by Mason Capital Management. The U.S. giant will use the cash from the divestment to settle debts.

  • Sigma Offshore Opens New Office in Singapore

    23 September 2010
    Business & Finance, Equipment

    Sigma Offshore, which has developed a pioneering mooring and fluid transfer system for oil and gas production vessels, has opened a new office in Singapore. Sigma’s Eirik Refstie moves from the company’s Oslo base to head up the new Singapore office ahead of the FPSO Asia Congress in Singapore on September 28-29. He will take […]

  • PGNiG Receives Approval for Lowering Gas Prices, Poland

    19 December 2012

    The President of the Energy Regulatory Office (URE) has approved PGNiG SA’s proposal to lower gas fuel prices, as well as subscription fees for households. The reduction will affect all types of gas sold by PGNiG SA. On average, households’ gas bills will go down by 10%. The new tariffs are to come into effect […]

  • Kalmar Reach Stackers to Assist on Gorgon LNG Project, Australia

    19 October 2012

    Kalmar RT Center, the world’s only manufacturer of rough terrain reach stackers, announced its expansion into the commercial market at the DUG Eagle Ford Shale Conference. Kalmar also announced its first commercial sale of Kalmar RT240 Rough Terrain Reach Stackers to assist one of the world’s largest energy projects. Initially produced exclusively for the United […]

  • Gazprom, Belarus Ink Gas Supply Deal

    25 November 2011

    Today at the Gorky residence in the presence of Dmitry Medvedev, President of the Russian Federation, Alexander Lukashenko, President of the Republic of Belarus, Vladimir Putin, Prime Minister of the Russian Federation and Mikhail Myasnikovich, Prime Minister of the Republic of Belarus Gazprom and Beltransgaz signed the contracts for gas supply to and transit across Belarus from 2012 through 2014. Besides, Gazprom and the State […]

  • Finland: Neste Oil Plans to Leave Shipping Business

    19 September 2013
    Business & Finance

    Neste Oil is planning to exit its shipping business. According to the plan, the company would sell all its own vessels and outsource the ship management functions currently covering them, with around 320 ship management personnel transferring to a new employer. Neste Shipping’s chartering functions would be retained and integrated with Neste Oil’s organization. Going […]

  • MISC, Mitsui and SHI to collaborate on CCS value chain

    18 January 2023
    Carbon Capture Usage & Storage, Collaboration

    Malaysian energy logistics group MISC Berhad (MISC) has joined forces with South Korean shipbuilder Samsung Heavy Industries (SHI), Japanese trading company Mitsui & Co. and international technology group Andritz to explore opportunities for carbon capture and storage (CCS) solutions in the maritime value chain.

  • Quijano Discusses Impact of Panama Canal Expansion

    10 April 2013
    Business & Finance

    Panama Canal Administrator Jorge L. Quijano discussed with maritime industry leaders the impact of the Expansion and the role it will play in trade between Asia and Latin America. “We believe the expanded Canal will have a significant impact in many segments of the market,” Quijano said during his presentation in Sea Asia 2013 held […]

  • Aker Pens the Largest Jones Act Boxships Ever, USA

    7 November 2013

    Aker Philadelphia Shipyard ASA, its wholly-owned U.S. subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), has been selected by Matson Navigation Company (Matson) to construct two 3,600 TEU containerships. Firm contracts are in place for the two vessels with a total value of $418 million. The vessels will be delivered in Q3 and Q4 2018 and will […]

  • Aker Philadelphia, Crowley to Build Up to Eight Jones Act Product Tankers

    9 August 2013
    Business & Finance

    Aker Philadelphia Shipyard ASA announces that its wholly-owned subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), and Crowley Maritime Corporation are expanding the cooperation initiated with the sale and delivery of two product tankers in 2012 and 2013. The expanded partnership includes four new product tankers with deliveries in 2015 and 2016, with the possibility to build […]

  • Wartsila Waterjets Power World’s Fastest High Speed Ferry

    23 July 2013

    Wartsila’s axial waterjets power the ‘Francisco’, the world’s fastest high speed ferry and the first fast ferry to utilize liquefied natural gas (LNG) as fuel. The vessel has successfully passed its sea trials and is now ready to commence commercial operations. Wärtsilä, the marine industry’s leading solutions and services provider, has provided the waterjets for […]

  • New Singapore Office for Moorings Provider Sigma Offshore

    23 September 2010

    Sigma Offshore, which has developed a pioneering mooring and fluid transfer system for oil and gas production vessels, has opened a new office in Singapore. Sigma’s Eirik Refstie moves from the company’s Oslo base to head up the new Singapore office ahead of the FPSO Asia Congress in Singapore on September 28-29. He will take […]

  • Two South Korean titans close $100 million US shipyard acquisition

    20 December 2024
    Business & Finance, Business Developments & Projects, Collaboration

    South Korea’s shipbuilder Hanwha Ocean and compatriot aerospace and defense company Hanwha Systems have wrapped up a $100 million acquisition of Philly Shipyard, a US shipbuilder focused on commercial and government projects. Following the announcement of the transaction back in June 2024, whereby Hanwha Systems and Hanwha Ocean revealed a joint investment plan to acquire […]

  • Dominion Welcomes Cove Point LNG Assessment

    16 May 2014

    Dominion welcomed the release of a federal environmental assessment that finds the natural gas export project proposed for its existing Cove Point LNG facility in southern Maryland can be built and operated safely with no significant impact to the environment. “The Federal Energy Regulatory Commission and other federal and state agencies that reviewed our proposal […]

  • Sea Machines raises $15 million to speed up development of self-piloting technologies

    23 July 2020
    Business & Finance, Business Developments & Projects, Innovation, Research & Development, Technology

    Boston-based Sea Machines Robotics has closed a new $15 million financing round with significant participation by Huntington Ingalls Industries.

  • Hess Names Six New Independent Directors, USA

    4 March 2013

    Hess Corporation announced several initiatives marking the culmination of its multi-year strategic transformation into a pure play exploration and production (E&P) company. The company also announced a slate of five highly qualified independent director nominees for election at this year’s Annual Meeting, and appointed an additional independent director who will stand for election at the […]