News
Blue Water Marks a Milestone Project with Tahkoluoto
Following the completion of the wind turbine installation at the Tahkoluoto offshore wind farm two weeks ahead of schedule, Blue Water Shipping said it sees this as another milestone project within their mobile terminal solutions.
Tanker Orders Ramp Up in Q2
The second quarter of the year saw a total of 32 product tankers ordered as owners rushed to quench their thirst for newbuilding tonnage amid attractive asset prices. A total of 10 Handysize vessels and 22 Middle Range (MR) tankers have been ordered along with 18 Long Range (LR) 2 vessels, which cor
JOGMEC’s equity financing for CIECO’s North Sea ops
Japan’s JOGMEC will be providing equity financing to CIECO, a subsidiary of ITOCHU, which holds a 12% participating interest in the exploration license P2170 area (Blocks 20/5b and 21/1d) offshore United Kingdom. Japan Oil, Gas and Metals National Corporation said the estimated amount of equity fina
All Hywind Scotland Floating Turbines Now In Place
The final floating wind turbine for the Hywind Scotland project has been towed to the site and installed at its designated location off Peterhead, Scotland, according to BBC.
All Hywind Scotland Floating Turbines Now In Place
The final floating wind turbine for the Hywind Scotland project has been towed to the site and installed at its designated location off Peterhead, Scotland, according to BBC.
Former Vitol LNG head joins Dreifa Energy
Dreifa Energy, a mid-scale floating LNG import terminals developer, said David Thomas will join the company’s board of directors.
First LNG-fueled truck loads up at Gate
The Gate LNG terminal in the port of Rotterdam hit a new milestone on Tuesday, as the first LNG-fueled truck loaded the trailer with liquefied natural gas.
Malaviya Seven Could Be Sold to Pay Stranded Sailors
Twelve Indian seafarers are closer to going home after a Scottish court agreed to the sale of the Malaviya Seven, an India-owned and -flagged platform support vessel that has been detained in Aberdeen since June 2016, the UK Chamber of Shipping said. The hearing, held on August 10, is a step in the
SCF’s ice-breaking LNG carrier arrives in South Korea, completes Northern Sea Route transit
Sovcomflot’s LNG tanker Christophe de Margerie, the world’s first ice-breaking LNG vessel, has arrived in South Korea completing its landmark voyage which included a transit through the Northern Sea Route. The 172,600-cbm LNG carrier is the first of 15 ice-class tankers built to ship cargoes from No
GALLERY: Norwegian Minister of Finance visits Aker BP’s Valhall
Norwegian Minister of Finance Siv Jensen visited Aker BP’s Valhall field center in the North Sea on Tuesday, August 15. The Norwegian E&P player reported via social media that the Minister was accompanied by the State Secretary in the Ministry of Petroleum and Energy Ingvil Smines Tybring-Gjedde and
BPA: More Focus Needed on Post-Brexit Possible Delays at Borders
The British Ports Association (BPA) said that more focus is needed on the likely impacts – such as delays at ports – of the UK’s departure from the European Union. However, the BPA welcomed the government’s priorities to ensure a smooth transition in the immediate post-Brexit period. The view was pr
Danish Shipping Backs EC’s Wait-and-See Approach on Recycling
Danish Shipping is opposing European Commission’s financial scheme to ensure that more ships are recycled at EU-approved facilities. However, Danish Shipping informed that it agrees with EC that effects of existing legislation must be known before introducing new initiatives. The view was unveiled a
UK port handles decom work for Maersk Oil’s North Sea campaign
Aberdeen Harbour, a marine support center for the oil and gas industry, will receive a total of nine shipments by the end of September related to its support of Maersk Oil’s decommissioning campaign in the UK sector of the North Sea. According to the port’s statement on Wednesday, two subsea mid wat
Drewry: Container Trade Outlook Rises with More Volumes
World container trade appears to be back on track after two lean years, right on time for carriers that are taking delivery of big new ships, according to shipping consultancy Drewry. The recovery resulted in an upgrade to Drewry’s annual outlook for 2017, while more recent data suggests that the ou