News
Gazprom inks EUR 700 million loan deal with Unicredit
Russian gas giant Gazprom has signed a 700 million euro ($812.8 million) loan agreement with Italy’s Unicredit bank. The loan signed in November has a five-year maturity, Gazprom said in a statement on Thursday. It will be used for corporate purposes, Gazprom added without revealing any additional i
Scour Protection Work Begins at Aberdeen Bay OWF
Boskalis’ fallpipe vessel (FPV) Rockpiper is carrying out scour protection works at the Aberdeen Bay Offshore Wind Farm. According to a notice to mariners, Rockpiper will be working at the project site for three weeks and was scheduled to start on 28 October.
Gallery: Southampton Hosts 20,568 TEU Maersk Newbuild
Image Courtesy: ABP Southampton ABP Southampton welcomed the 20,568 TEU newbuilding Milan Maersk on November 7, the largest containership to visit this port. In 2016, the largest container vessel calling in Southampton had a capacity for 16,000 containers. So far this year, the terminal welcomed MOL
Shell, Anthony Veder to convert Coral Methane LNG carrier to bunker vessel
The Hague-based LNG giant Shell and Dutch shipping company Anthony Veder have signed a contract to modify the liquefied natural gas carrier Coral Methane into an LNG bunker vessel.
Final Arkona Monopile Goes For a Splash
On Tuesday, 7 November, the 60th and final monopile built for the Arkona offshore wind farm was lowered into water at the port basin of EEW Special Pipe Constructions GmbH prior to being towed to the installation site some 35 kilometres northeast of the Rügen Island in the German Baltic Sea.
Container Shipping Facing Choppy Waters
The container shipping industry will have to ride out a bumpy period amid an anticipated seasonal decline in volumes spilling into the first quarter of next year and growing supply of ships. According to BIMCO, handling this will be a recurring seasonal challenge. “Bearing in mind that freight rates
Body Count Rises to Four in Bilal Bal Sinking
Another body of the crew of the sunken cargo ship Bilal Bal has been recovered, bringing the total body count to four, according to the Turkish Coast Guard. The authorities are continuing their search efforts for the remaining six seafarers who were reported missing after the 2,999 dwt ship sank on
European Offshore Wind Developers Demand a Higher EU 2030 Renewables Target
A group of leading European offshore wind developers have signed a declaration to call upon European policy makers to endorse an EU-wide binding target of 35% share of renewables in EU final energy demand by 2030.
European Offshore Wind Developers Demand a Higher EU 2030 Renewables Target
A group of leading European offshore wind developers have signed a declaration to call upon European policy makers to endorse an EU-wide binding target of 35% share of renewables in EU final energy demand by 2030.
Irregularities spotted during Alvheim risk factor management audit
Norwegian offshore safety body has found several safety issues during an audit of Aker BP’s management of risk factors on the Alvheim field off Norway.
CNH Industrial, FCA majors urge LNG use in logistics sector
Sister Companies CNH Industrial and FCA brought over 30 of Europe’s principal logistics and automotive transporters to discuss benefits of liquefied natural gas (LNG) for the logistics sector.
ICS: Zero Carbon Shipping Future Achievable
The International Chamber of Shipping (ICS) has a vision of zero CO2 emissions from shipping in the second half of the century, ICS Director of Policy, Simon Bennett said while speaking at United Nations Climate Change Conference (COP 23) in Bonn. “We are confident this will be achievable with alter
Report: Total, Eni to start drilling in Block 6 offshore Cyprus by early 2018
Total and Eni are reportedly planning to start drilling in a joint exploration block off the coast of Cyprus by the end of the year or in early 2018.
Gas Natural Fenosa income slides despite rising LNG sales
Spanish LNG operator Gas Natural Fenosa reported drops in profit for the third quarter and the nine-month period of 2017.