Business & Finance
FSL Trust Selling Older Crude Tanker
FSL Trust has launched the sale of the crude oil tanker FSL Shanghai.
WFW Advises On Changfang and Xidao Project Financing
Watson Farley & Williams (WFW) has advised on the project financing of the Changfang and Xidao offshore wind projects in Taiwan.
Fincantieri, Marakeb Team Up on Unmanned Technology
Fincantieri, Marakeb start collaboration in the field of autonomous technology.
Premier Oil hires DOF’s platform supply vessel
Offshore vessel owner DOF Rederi has been awarded a contract for one of its vessels by Premier Oil UK.
KSS Line Returns to Hyundai for 5th LPG Carrier
KSS Line placed an order for the construction of a new class 84,000 cbm VLGC at Hyundai.
Bengel and Deugniet to Work Together with Spartacus
DEME Group is currently building two split barges, Bengel and Deugniet, with a large capacity of 3,500m³ designed specifically for working together with their larger cutter suction dredgers and in particular the mighty Spartacus, the most powerful cutter suction dredger ever built. The barges are mu
Saipem employees ‘stay at home’ over coronavirus fears in Italy
Following confirmed cases of coronavirus in Italy, the Italian oilfield contractor Saipem has advised its employees to stay at home. The company has also canceled and reduced to the minimum all missions to and from the risk areas abroad.
Eastern Pacific Shipping Orders MR Duo at Daesan
EPS has been linked to an order for up to four 50,000 dwt MR product tankers.
Saipem Takes Coronavirus Precautions
Italian subsea services major Saipem is taking actions after the confirmed cases of Coronavirus on Italian territory. Since Friday 21 February, all employees with residence in the municipalities indicated by the Regions involved have been invited to stay at their home, avoiding social interactions.
Kosmos Energy swings to loss despite higher revenues
Kosmos Energy sank to a loss in the last quarter of 2019 despite a significant increase in revenues compared to the same period of 2018.
GTT Acquires Icelandic Smart Shipping Solutions Provider
GTT acquires 100% of the share capital of Marorka, an Iceland-based company specializing in smart shipping.
Korean Prosecutors to Appeal MV. Stellar Daisy Ruling
Busan Prosecutors to appeal to a higher court regarding the sinking ore carrier MV. Stellar Daisy.
City of Newcastle to Prepare CMP for Stockton
The City of Newcastle Council has been directed to prepare its Coastal Management Program (CMP) for Stockton as an urgent matter of priority. Minister for Local Government Shelley Hancock said that the Council has been given until June 30 this year to complete its CMP to address the issue of erosion
Spotlight on River Bank Stabilization
As the UK experiences torrential rain and storm-level events, The Rothen Group is stressing the importance of regular infrastructure works on an ageing canal and waterway network. Critical infrastructure projects such as bank stabilization, keeping overflow weirs free of rubbish and keeping on top o