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Business & Finance

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Vallianz Bags USD 458 Mln in Charter Renewals
Business & Finance

Vallianz Bags USD 458 Mln in Charter Renewals

Singapore’s offshore support vessel provider Vallianz Holdings Limited has penned new contracts valued up to USD 458 million that have lengthened the charter duration for 19 of its OSVs. The OSVs are currently deployed to an existing customer in the Middle East, which is one of the world’s largest n

about 11 years ago
Vallianz Bags USD 458 Mln in Charter Renewals
Business & Finance

Vallianz Bags USD 458 Mln in Charter Renewals

Singapore’s offshore support vessel provider Vallianz Holdings Limited has penned new contracts valued up to USD 458 million that have lengthened the charter duration for 19 of its OSVs. The OSVs are currently deployed to an existing customer in the Middle East, which is one of the world’s largest n

about 11 years ago
Vallianz inks OSV deals worth up to $458M
Business & Finance

Vallianz inks OSV deals worth up to $458M

Vallianz Holdings Limited, a provider of offshore support vessels, has signed new contracts valued up to $458 million that has lengthened the charter duration for 19 of its offshore support vessels (OSV) currently deployed to an existing customer in the Middle East. According to Vallianz’s press rel

about 11 years ago
Readers’ Picks of the Week (13-17 of Jul)
Business & Finance

Readers’ Picks of the Week (13-17 of Jul)

NOL Up for Sale Again? Singapore-based container shipping company Neptune Orient Lines has been put up for sale by investment company Temasek Holdings Pte. Ltd, NOL’s majority stake owner, the Wall Street Journal … Read more Iran Ready to Unleash Its Tanker Fleet Iran’s oil-shipping giant National I

about 11 years ago
Readers’ Picks of the Week (13-17 of Jul)
Business & Finance

Readers’ Picks of the Week (13-17 of Jul)

NOL Up for Sale Again? Singapore-based container shipping company Neptune Orient Lines has been put up for sale by investment company Temasek Holdings Pte. Ltd, NOL’s majority stake owner, the Wall Street Journal … Read more Iran Ready to Unleash Its Tanker Fleet Iran’s oil-shipping giant National I

about 11 years ago
DNV GL accredits Polarcus for emissions monitoring system
Business & Finance

DNV GL accredits Polarcus for emissions monitoring system

Polarcus has recently completed a comprehensive verification process of its emissions monitoring system in collaboration with specialists from DNV GL, the international certification body and classification society. A weeklong verification process involving experts from DNV GL and Polarcus was recen

about 11 years ago
STATS group nets $10M EPRS deal in Middle East
Business & Finance

STATS group nets $10M EPRS deal in Middle East

STATS Group has won a ten year Emergency Pipeline Repair System (EPRS) contract, worth over $10 million by a major LNG operator in the Middle East. Under the contract, the pipeline engineering group will design, manufacture and test pipeline isolation and intervention equipment for a range of pipeli

about 11 years ago
STATS Wins Middle East EPRS Deal
Business & Finance

STATS Wins Middle East EPRS Deal

STATS Group has secured a 10-year contract in excess of $10 million (£6.5 million) with a major LNG operator in the Middle East. The EPRS and pre-planned isolation contract follows the completion of a similar multi-million pound contract on behalf of the world’s largest LNG producer Qatargas. The sp

about 11 years ago
Sinopacific Scores Nine
Business & Finance

Sinopacific Scores Nine

Sinopacific Shipbuilding Group has secured an order for construction of nine Anchor Handling Tug Supply (AHTS) vessels from Abu Dhabi National Oil Company (Adnoc). The price of the deal has not been revealed, however the vessels are slated for delivery in 2017 to Adnoc’s wholly-owned subsidiary Esna

about 11 years ago
Sinopacific Scores Nine
Business & Finance

Sinopacific Scores Nine

Sinopacific Shipbuilding Group has secured an order for construction of nine Anchor Handling Tug Supply (AHTS) vessels from Abu Dhabi National Oil Company (Adnoc). The price of the deal has not been revealed, however the vessels are slated for delivery in 2017 to Adnoc’s wholly-owned subsidiary Esna

about 11 years ago
Sinopacific to build 9 AHTS vessels for ADNOC
Business & Finance

Sinopacific to build 9 AHTS vessels for ADNOC

Sinopacific Shipbuilding Group has recently won the bid for the construction of nine anchor handling tug and supply (AHTS) vessels for Abu Dhabi National Oil Company (ADNOC) and its subsidiary, ESNAAD. As stated in Sinopacific’s press release, ADNOC firstly launched bids for this new-building projec

about 11 years ago
Report: US Removes Iranian Shipping Companies from Blacklist
Business & Finance

Report: US Removes Iranian Shipping Companies from Blacklist

The United States is reported to have removed the Islamic Republic of Iran Shipping Lines (IRISL) and the country’s ports operator Tidewater Middle East Maritime Company from the US blacklist of companies subject to sanctions and asset freeze, local media reports. The names of 16 shipping executives

about 11 years ago
Report: US Removes Iranian Shipping Companies from Blacklist
Business & Finance

Report: US Removes Iranian Shipping Companies from Blacklist

The United States is reported to have removed the Islamic Republic of Iran Shipping Lines (IRISL) and the country’s ports operator Tidewater Middle East Maritime Company from the US blacklist of companies subject to sanctions and asset freeze, local media reports. The names of 16 shipping executives

about 11 years ago
Iran Ready to Unleash Its Tanker Fleet
Business & Finance

Iran Ready to Unleash Its Tanker Fleet

Iran’s oil-shipping giant National Iranian Tankers Company (NITC) is ready to make a comeback on the European and international markets as soon as possible following a deal on lifting of nuclear sanctions agreed upon on Tuesday between Iran and the six world powers in Vienna, a company official conf

about 11 years ago
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