Business & Finance
Chembulk Tankers’ Entire Fleet to Join Womar Pools
Chembulk Tankers’ entire fleet of stainless-steel chemical tankers to enter Womar commercial pools.
EMEC Adjusts to COVID-19 Situation
The European Marine Energy Centre (EMEC) has said that due to the global COVID-19 (coronavirus) pandemic, as of today, 17 March 2020, the Orkney Renewable and Innovation Campus (ORIC) will restrict public access to the Robert Rendall and Charles Clouston buildings. All planned visits to EMEC have be
Hess shaves off $800 million of its budget for 2020
In light of the current low oil price environment and market volatility, U.S. oil and gas company Hess Corporation has revealed a plan for a significant reduction to its 2020 capital and exploratory budget.
Life Extension Project of TSHD Heortnesse at A&P Tees
The teams at A&P Tees are continuing to work on the second phase of the life extension project for the trailing suction hopper dredger (TSHD) Heortnesse. The new consoles have now been fitted on the Bridge and cables are being run ahead of the new equipment arriving on board and being installed. The
AISSOT Ends Charters for 6 VLCCs with Capital Ship Management
AISSOT has terminated the bareboat charters for six vessels owned by Capital Ship Management.
Stolt-Nielsen Cancels Dividend for 2019 amid COVID-19 Uncertainties
Stolt-Nielsen BoD voted to withdraw the recommendation of a final dividend for 2019.
Express Engineering Builds New Facility in Gateshead
Express Engineering has started construction work on a new engineering assembly and test centre in Gateshead. The £3.5m investment in a 48,000 sq. ft purpose-built centre will enable Express Engineering, a provider of manufacturing, assembly and testing solutions for the subsea oil and gas industry,
Damen Steering and Rudder Systems for Van Oord’s TSHDs
Damen Marine Components has won an order for three sets of steering and rudder systems for three dual-fueled trailing suction hopper dredgers (TSHDs) currently being built at Keppel Offshore & Marine’s shipyard in Singapore for Van Oord. The vessels will be 138-meters in length and have a hopper cap
Navigator Holdings, Partners Form Gas Carrier Pool
Navigator Holdings, Pacific Gas and Greater Bay Gas have formed a new shipping pool, the Luna Pool.
All Set for Safety Beach Dredging Project
Martha Cove Owners Corporation (VIC, Australia) is about to begin dredging and beach re-nourishment operations in the Martha Cove Marina and at Safety Beach. According to the company’s announcement, the dredging and beachfill works will be commencing mid-March. During the works, approximately 5,000m
Equinor responds to coronavirus outbreak with changes to executive committee
Norwegian oil and gas major Equinor has decided on temporary changes to the corporate executive committee to respond to the coronavirus outbreak.
Anders Onarheim Remains CEO of BW LPG
Anders Onarheim will continue as CEO of the LPG shipping company BW LPG.
Water Drained from One of Stellar Banner’s Cargo Holds
The vessel remains stranded, with an inclination of 24.5º to starboard.
KenzFigee Establishes UK Presence
Dutch offshore lifting equipment provider KenzFigee has expanded its services to the UK. KenzFigee (UK) Ltd. will provide clients in the UK sector with its services directly from its hub in Aberdeen, Scotland. According to the company, the move comes due to a growing demand for offshore expert equip