Business & Finance
LNG Lucrative for PCTC Newbuilds, Study Finds
LNG as a marine fuel delivers the best return on investment and is a competitive option for newbuild PCTCs, SEALNG said.
PGA, Gdansk Shipyard Ink Central Port LOI
Representatives of the Port of Gdansk Authority (PGA) and the Gdansk Shipyard have signed a letter of intent (LOI), showing interest in investing in the production areas at the Central Port. According to the Port Authority’s latest announcement, the Central Port will include a basin covering about 1
NKT to Link Edvard Grieg to Johan Sverdrup
NKT has been awarded a turnkey project from Lundin Norway for the 132 kV high-voltage power cable connecting the Edvard Grieg oil and gas production platform to the Johan Sverdrup field center in the North Sea. The power cable solution will finalize the Utsira High Power Hub Project to power several
Alphaliner: Containership Giants to Continue Driving Fleet Growth
Alphaliner: Shipowners are interested in large (>10,000 TEU) and small (
Dublin Port Seeks Permit for Next Major Capital Development Project
Dublin Port Company (DPC) is lodging an application for permission with An Bord Pleanála for its MP2 Project, the second major capital development project from the Port’s Masterplan 2040. The MP2 Project involves an application for a 15-year permission for phased development works within existing po
DOF scoops deals for two platform suppliers
Norwegian supply shipping company DOF has been awarded contracts for two of its platform supply vessels (PSVs).
UK Presents Clean Maritime Plan
The UK government has published the Clean Maritime Plan, an ambitious plan to cut pollution from the maritime sector.
KK Wind Solutions to Get a New Owner
Danish investment company A.P. Møller Holding A/S has agreed to acquire the compatriot KK Group A/S from SoLix Group AB. KK Group’s main activities are realized through KK Wind Solutions, a supplier of power electronics solutions to OEMs such as SiemensGamesa, Vestas, MHI Vestas, and GE Renewables.
Marine Power Systems Looking for Financial Controller
Marine Power Systems is searching for a financial controller to join its team and help achieve the company’s vision of clean, affordable, reliable renewable marine energy. The successful candidate will be based at the MPS head office in Swansea. Main responsibilities will include the control of comp
TEN Finds Work for One of Its Crude Carriers
Around USD 23 million of gross revenues are expected over the maximum period of the employment.
Belships Inks 10-Year Charter for Ultramax Newbuilding
The deal has “attractive purchase options” which can be exercised as from the fourth charter year.
Maersk Family Sails into Renewable Energy Sector
A.P. Moller Holding is expected to close the acquisition of KK Group in the third quarter of 2019.
MSC Agrees Long-Term Deals for Capital Product Partners’ Duo
The charter deals for both 8,266 TEU containerships are set to expire at the earliest in February 2024.
Heerema Gears for Sleipnir’s Maiden Voyage
Heerema Marine Contractor’s newest semi-submersible crane vessel (SSCV) Sleipnir is set to begin its maiden voyage this week. Sleipnir, the world’s largest and strongest SSCV named after Odin’s eight-legged stallion, was built by Jurong Shipyard, the fully owned subsidiary of Sembcorp Marine in Sing