News
Report: EGAS eyes 100 LNG cargoes in 2017
The Egyptian Natural Gas Holding Company has reportedly set sights on 100 LNG cargoes for 2017 to cover the country’s demand for natural gas.
GMS: Vale’s VLOC Demolition Sale Fails
Brazilian mining giant Vale’s recent sale of a very large ore carrier (VLOC) for demolition has reportedly failed, according to a report from GMS, a cash buyer of ships for recycling. “The sale of the VLOC failed to its intended cash buyers and the vessel is now being re-introduced for sale,” GMS sa
Statoil gains nod to use Odfjell rig for Mim well
Norwegian oil company Statoil has received consent from the Petroleum Safety Authority (PSA) to drill an exploration well in the Norwegian Sea with the Deepsea Bergen drilling rig. The well 6507/3-12 will be drilled in production license 159B, where Statoil is the operator, in block 6507/3, in the N
VIDEO: Royal IHC ‘Year in Review’
Last Friday, Royal IHC released a video about the company’s highlights of the year 2016. This year has been a very interesting one for IHC with several important shipbuilding contracts won, launching ceremonies held for number of new vessels including the most recent one for the worlds first LNG-pow
Video: TTT3 trials off Northern Ireland
The video shows turbulence measurements undertaken over the summer in Strangford Narrows, Northern Ireland, for Tidal Turbine Testing Phase 3 (TTT3) project.
Singaporean bank to seize Swissco’s new liftboat?
Singapore’s DBS Bank has made a move to seize a new liftboat owned by its compatriot Swissco, a provider of vessels and rigs to the oil and gas industry, who recently went bust. The Singaporean integrated marine company in November filed an application to be placed under judicial management. At the
Piedroba: Standardization of Environmental Regulation Is Critical in the Caribbean
Piedroba Consulting Group (PCG), a Miami based marine infrastructure consultancy firm with an emphasis on dredging, has reported a very busy 2016, filled with lots of activities and accomplishments. The company also reported a growth in its revenues. Enough reasons for Dredging Today to catch up wit
Spain awaits Peruvian LNG cargo
Peru’s natural gas liquefaction and export facility at Pampa Melchorita shipped another cargo to Spain.
GulfNav, SeaQuest Tie Up in Ship Management
Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has entered into an agreement with Switzerland-based SeaQuest Group to set up a partnership in ship management, advisory services and marine project management. Under the agreement, GulfNav will expand its business in the Middle Eas
Italy Approves Fixed Price Tariff for First Offshore Wind Project
Italy’s renewable energy agency Gestore dei Servizi Energetici (GSE) has awarded a 30MW near shore wind project off Taranto with a 25-year fixed price tariff. Belenergia S.A., the developer of the Beleolico 30MW offshore wind farm, secured the tariff at a maximum price of EUR 161.7/MWh, a 2% decreas
Cimpina to Build Subhub Tidal Platform
Cimpina based in Northern Ireland in Belfast Docks has been awarded a cantract by QED Naval to build the Subhub tidal platform. Work started in November and the outer shell was taking shape before Christmas. Completion is expected in the first quarter of 2017. The Community Subhub with a capacity of
MSI: Tanker Market Entering Calmer Waters
After a year of tumultuous political and policy upheaval, both oil and tanker markets are undergoing a process of rebalancing, according to Maritime Strategies International (MSI). The fourth quarter of 2016 is capping what has been a mixed 12 months for the tanker markets, while the agreement by OP
Stockholm’s Frihamnen Terminal Sets New Container Record
The Ports of Stockholm has set a new record for the number of containers transported to the container terminal at Frihamnen, Sweden. At the beginning of December, Ports of Stockholm exceeded the previous record set at Frihamnen of just over 51,000 TEUs. The port expects the total number of container
Clyde River Dredging Scheme Wrapped Up
Vital dredging of the entrance channel of the Clyde River at Batemans Bay has been completed in time for the Christmas holidays. Member for Bega, Andrew Constance, said that the NSW Government has invested over $500,000 to ensuring the lower reaches of the river are accessible to boaters during low