News
Shell appoints new head of exploration
The Hague-based LNG giant Shell said on Monday it has appointed a new global head of exploration. Marc Gerrits, currently upstream strategy vice president at Shell, will replace Ceri Powell as the head of global exploration on February 13, a Shell spokeswoman confirmed to LNG World News in an emaile
CGG Reduces Rates for Two More Vessels
French seismic survey specialist, CGG has reduced day rates for two more seismic vessels following the reduction for an Eidesvik-owned ‘Viking Vanquish’ vessel. The reduction of the day rate for the Viking Vanquish seismic vessel is effective from January 2017. Reflecting CGG’s commitment to focus o
CGG cuts rates for two more seismic vessels
Following dayrate reduction for an Eidesvik-owned seismic vessel, the French-based geophysical company CGG has slashed the dayrates for two more seismic vessels. Earlier on Monday, Offshore Energy Today reported that CGG had agreed with Eidesvik Offshore to reduce the dayrate for the seismic vessel
Tullett Prebon, SGX to launch Middle East, India LNG index
London-based interdealer broker Tullett Prebon, joined forces with Singapore Exchange (SGX) to develop a spot pricing index for the Middle East and Indian LNG markets.
Third MeyGen turbine in place
The third Andritz Hydro Hammerfest 1.5MW tidal turbine was installed at the MeyGen site on Saturday, according to Atlantis Resources’ social media.
LNG market rebalancing to stall until 2020s, study says
The LNG market is expected to hit the bottom of a boom-bust cycle over the next five years, a report by Aurora Energy Research shows.
Drewry: New Tonnage the Biggest Risk for Industry Recovery
One of the key performance indicators that needs to be ticked off before the containership industry recovery gets back on solid ground is when the industry does not have to squeeze ships into trades that are not equipped to handle them. “We are more optimistic than we have been in a long while as de
Reach Subsea hires Havila vessel on 3-year deal
Norway’s shipowner Havila Shipping has entered into an agreement with Reach Subsea ASA for use of the subsea vessel Havila Subsea for three years. The agreement also includes two optional periods, each of one year. Reach will mobilize ROV and survey equipment on board, which constitutes a subsea spr
CGG slashes dayrate for seismic vessel Viking Vanquish
Norwegian shipping company Eidesvik Offshore and French geophysical services company CGG have agreed to reduce the dayrate for the seismic vessel Viking Vanquish, effective from January 2017. Eidesvik said on Monday that the bareboat contract for the seismic vessel expires in November 2020 and the d
Eidesvik, CGG Reduce Day Rate for Viking Vanquish
Eidesvik and CGG have agreed on changes to the bareboat contract for the seismic vessel Viking Vanquish. The contract expires in November 2020 effective from January 2017. The day rate will be reduced for the rest of the contract, Eidesvik informed. Eidesvik will receive listed senior notes maturing
Popular news, January 16 – 22, 2017
The most popular articles of the week, January 16 – 22, 2017
All Hands on Deck
Looking back, I have to conclude that it has been a turbulent year for the Dutch maritime industry. We’ve had both ups and tremendous downs. In early December, I had the honour to receive the first copy of the Maritime Monitor 2016 from our coordinating maritime Minister, Melanie Schultz van Haegen.
Wave Hub seeks project manager for Pembrokeshire Demonstration Zone
Wave Hub, a company that manages, operates and maintains three offshore deployment sites for demonstrating wave and tidal energy technology in the UK, is currently recruiting a project manager for the Pembrokeshire Demonstration Zone.
‘Maersk Pacer’ nets two-year deal in Brazil
Danish offshore vessel owner Maersk Supply Service has been awarded a two-year contract with Brazil’s PetroRio for Maersk Pacer an anchor handler, to perform tanker lifting for offloading operations in Brazil. Maersk Supply Service’s CCO Carsten Gram Haagensen said: “With this contract, Maersk Suppl