McDermott files for Chapter 11 bankruptcy to erase $4.6 bln debt Energy industry contractor McDermott International has filed for Chapter 11 bankruptcy as it looks to eliminate over $4.6 billion of debt. Hudong Zhonghua to build mid-sized LNG carrier pair for Petronas Chinese shipyard Hudong Zhonghu
Offshore Energy Today’s most popular news of the past week.
The Nordic energy company Gasum said its LNG bunkering vessel Coralius performed its 200th ship-to-ship operation, supplying the chilled fuel to Fjord Line’s MS Stavangerfjord.
A fire broke out onboard a Panamax bulk carrier while the ship was sailing in the Gulf of Aden.
The Port of Hamburg is not expecting a lower container throughput caused by liner service changes.
Swire Blue Ocean (SBO) has contracted Blue Water Shipping to transport Pacific Osprey’s new crane boom from NOV’s manufacturing yard in China to Denmark. The boom was loaded onto SAL’s M/V Wiebke on 21 January and left the yard the day after. The vessel is expected to reach Denmark around 1 March. S
The construction of the 48MW Tra Vinh nearshore wind farm in Vietnam has officially begun. The project company Tra Vinh Wind Power Co. Ltd. (TWPC) is jointly owned by Climate Investor One’s (CIO) Construction Equity Fund, a blended finance facility managed by Climate Fund Managers (CFM), and Korea’s
The Finnish technology group Wärtsilä has been contracted to supply the main equipment for the first LNG fuelled short-sea Ro-Lo (roll-on, lift-off) vessels to be operated by Finland based Bore.
A crew member of the Marshall Islands-flagged bulk carrier has been reported missing off Alabama.
Belgium’s Exmar said that China Export Credit Insurance Corporation (Sinosure) approved the release of $40 million from the debt service reserve account under the TANGO FLNG loan facility.
Exports of liquefied natural gas from the United States’ facilities increased over the week ending January 22.
Seismic services provider PGS has completed a 3D seismic program on the northern section of the CGX Energy-operated Corentyne block offshore Guyana.
India’s Mercator Limited sold one of its floating storage and offloading (FSO) vessels earlier this month.
The Port of Long Beach moved more than 7.6 million twenty-foot equivalent units in 2019.
