News
LNG Limited, Meridian LNG extend offtake deal
Liquefied Natural Gas Limited, the Perth-based developer of the Magnolia LNG project, extended the financial close date for legally binding offtake deal with Meridian LNG Holdings to March 31, 2018.
IMO Assembly Elects New 40-Member Council
The Assembly of the International Maritime Organization (IMO) has elected new members of its council for the 2018-2019 biennium. Category (a) includes ten states with the largest interest in providing international shipping services: China, Greece, Italy, Japan, Norway, Panama, Republic of Korea, Ru
Lundin spuds Hurri well in Barents Sea
Lundin Petroleum has started drilling an exploration well in the Barents Sea, targeting the Hurri prospect. Located in in the production license PL533 in the southern Barents Sea, the prospect sits some two kilometers southwest of the Filicudi oil discovery and south of the Statoil operated Johan Ca
Carnival Cruise Line Selects Name for New Vista-Class Ship
Miami-based Carnival Cruise Line has decided to name its new 133,500-ton ship, scheduled to enter service in fall 2019, Carnival Panorama. The 3,934-passenger Carnival Panorama is the third in the line’s Vista-class series. The 323-meter-long vessel will join its sister ships Carnival Vista, which w
Oregon’s Small Ports in Need of Dredging
Members of the Oregon Congressional Delegation recently sent a letter to the Acting Assistant Secretary of the Army for Civil Works Ryan Fisher urging the Trump Administration to fund critical maintenance and dredging of Oregon’s small ports and jetties. Representatives Peter DeFazio, Earl Blumenaue
USACE Announces New Programmatic Biological Opinion – JaxBo
The U.S. Army Corps of Engineers, Jacksonville District Regulatory Division, has received a new Programmatic Biological Opinion (PBO), referred to as ‘JaxBO,’ from the National Marine Fisheries Service (NMFS). The main aim of PBO is to address consultation requirements for certain activities that ma
Höegh LNG Partners completes acquisition of FSRU Höegh Grace
Höegh LNG Partners closed the transfer of a 49 percent ownership interest in the floating storage and regasification unit (FSRU) Höegh Grace.
RTsys Appoints New Head of Sales and Marketing
RTsys has appointed Christophe Piquet as its new head of Sales and Marketing with immediate effect. Christophe will oversee marketing, strategic business partnerships and international sales and will report to RTsys CEO Vidal Teixeira. Christophe joins the company from Safran Electronics & Defence,
Gardline Geosurvey Becomes Gardline
Marine survey company Gardline Geosurvey, a wholly owned subsidiary of Boskalis, has changed its name to ‘Gardline Limited’, effective December 1, 2017. In August this year, Boskalis said it had acquired all shares of the Great Yarmouth-based Gardline. The consideration paid including assumed debt a
Ocean Yield Provides Financing for NAT’s Suezmax Trio
Norwegian shipowner Ocean Yield has inked a deal to acquire Nordic American Tankers’ (NAT) three Suezmax newbuildings with ten-year bareboat charters to NAT. Ordered by NAT in October 2016, the crude tanker trio is currently under construction at South Korean shipyard Samsung Heavy Industries (SHI).
Semco Maritime Nets Hornsea Two Contract with Ørsted
Ørsted has hired Semco Maritime as Electrical Engineering Consultant (EEC) to develop electrical and mechanical basic engineering design of the 1.4GW offshore substation and the reactive compensation station for Hornsea Project Two.
Egdon acquires North Sea license from Europa and Arenite
Egdon Resources has acquired a 100% interest in a North Sea license from Arenite Petroleum and Europa Oil & Gas Limited. The acquired Promote Licence P2304 is located in to the immediate south of Egdon’s license P1929 offshore North Yorkshire, which contains the 1966 Resolution gas discovery. As for
CMA CGM Sells 90 Pct Stake in Global Gateway South Terminal
French shipping major CMA CGM completed the sale of a 90 percent equity interest in Global Gateway South terminal (GGS) in Los Angeles on December 1. The stake was purchased by EQT Infrastructure III and its partner P5 Infrastructure (P5), for an enterprise value of USD 875 million. CMA CGM received
Canada: Malahat LNG project scrapped
Steelhead LNG, a Vancouver-based energy company developing LNG projects in British Columbia, is no longer exploring the proposed Malahat LNG project on the Malahat Nation-owned Bamberton Industrial Lands.