Tidal Energy Today is bringing you the list of the articles you read the most in 2016.
Readers’ Picks of the Week (December 26 – 30, 2016)
Subsea World News team wishes all our readers and their loved ones a happy and prosperous New Year! HAPPY NEW YEAR 2017!
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) and Industrial Development and Renovation Organization of Iran (IDRO) have agreed a mutual cooperation related to the Iranian shipbuilding industry. The parties signed a Head of Agreement (HoA), under which they plan to estab
The Iranian shipping company Islamic Republic of Iran Shipping Lines (IRISL) has joined forces with Kazakhstan’s multimodal operator KTZ Express in an effort to contribute to facilitating maritime transportation. Under the joint venture agreement, signed on December 22, the parties would work to hel
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 wi
Readers’ Picks of the Week (December 19 – 23, 2016)
The crude oil tanker segment composing of VLCC, suezmax and aframax ships, experienced a net-fleet growth of 7.3%, which is equal to 24.3 million dwt during the period from January 2014 to October 2016, according to BIMCO. The VLCC segment, with 20.7 million dwt or a net fleet growth rate of 11% too
A joint venture between Euronav NV and International Seaways has been awarded a five-year deal for the service of the FSO Africa and FSO Asia on the Al-Shaheen field, off Qatar, by Total and Qatar Petroleum. The two floating storage and offloading units, FSO Africa and FSO Asia, are double-hulled FS
Shipowner Oman Shipping Company SAOC (OSC) has decided to internalize the commercial management of their very large crude carrier (VLCC) fleet which was previously a part of the VL8 pool, managed by maritime services provider Navig8 Group. Namely, a total of 15 VLCC owned by Oman Shipping Company ha
The IHC Beagle is one of the Royal IHC’s latest developments in the dredging sector. The IHC Beagle series have been designed with a number of standard features which are fitted on all types and sizes. These include a high quality IHC dredge pump, the innovative hull shape and an ergonomically desig
The Suez Canal Authority has decided to extend the arrangement for very large crude carriers (VLCCs) coming from the Arabian Gulf or Caribbean Zone on a round trip and transiting the canal after discharging part of their cargo in the SUMED line until December 31, 2017. The arrangement for VLCCs over
Ashtead Technology, a provider of subsea technology and equipment, has acquired Abu Dhabi-based TES Survey Equipment Services LLC for an undisclosed sum. Ashtead said on Thursday that the acquisition would enable the company to increase its customer service offering in the Middle East, a region whic
Gulf Marine Services, a provider of advanced self-propelled self-elevating support vessels serving the offshore oil, gas sector, has received two new contract awards for one of its large class vessels. The vessel will be supporting an engineering, procurement, and construction contractor in the Midd
