Energean has informed that work restarted on the Energean Power FPSO in the Admiralty Yard, Singapore, on 2 June 2020 and the subsea installation campaign offshore Israel is progressing as planned.
South Korea’s Daewoo Shipbuilding & Marine Engineering has won an order to build liquefied natural gas barges for Russian LNG producer Novatek. Under the deal, Daweoo will build two 360,000-cbm LNG barges for about 901.3 billion won ($748.2 million) with an option for two additional units. The float
By Tom Scott For many maritime companies, cooperation with an external party is a perfect way to develop innovative products and ideas. By forming symbiotic relationships, both companies can concentrate on their core businesses while drawing on the expertise of the other. The new branches of knowled
The Bergen-headquartered shipping company Utkilen has taken delivery of its thirds LNG-ready tanker from the Dingheng shipyard in China on June 3.
A wholly-owned subsidiary of Singapore’s offshore rig builder Sembcorp Marine has entered into a revolving facility agreement for up to $500 million with Standard Chartered Bank.
ABB has been selected by Vigor Fab LLC as the hybrid-electric propulsion and energy storage system provider for the newest additions to the Washington State Ferry fleet.
New Zealand state-owned enterprise KiwiRail has issued a request for proposals to find a preferred shipyard to build the two new rail-enabled roll-on/roll-off passenger (RoPax) ferries for the operator Interislander.
China’s Jiangnan Shipyard in Shanghai has completed the installation of the first GTT tank onboard CMA CGM’s 23,000-TEU LNG-powered containership. The Chinese yard has entrusted Spain’s Gabadi, an outfitter licensed by French LNG containment specialist GTT, with the installation of the Mark III syst
The European Union’s anti-trust body has resumed its in-depth investigation into the proposed acquisition of Koran shipbuilder Daewoo Shipbuilding & Marine Engineering CO., Ltd (DSME) by its compatriot Hyundai Heavy Industries Holdings (HHIH). The European Commission stopped the clock on the merger
Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vessel.
U.S.- based tanker company Overseas Shipholding Group (OSG) has taken delivery of the OSG 204, a 204,000 barrel capacity oil and chemical tank barge, built by Greenbrier Marine, a division of The Greenbrier Companies. The Jones Act barge has been built in compliance MARPOL Annex VI Regulation 13 Tie
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has placed an order for the first commercial unit of a new Corvus Energy high-density lithium-ion capacitor energy storage system (ESS). Branded Blue Marlin, the product uses lithium-ion capacitor (LiC) cells that sustain very high charge/discharg
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the Korea Development Bank (KDB) and other banks.
Shares of South Korean shipbuilders surged on Tuesday following a landmark deal for Qatari liquefied natural gas carriers. LNG producing giant Qatar Petroleum said on Monday it signed deals with South Korea’s biggest three shipbuilders to secure more than 100 vessels worth about $19.2 billion. This
