Sapura Energy Wins Contracts in Mexico, Malaysia
Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately…
Shell Australia Agrees to Sell Stake in Natural Gas Fields to Timor-Leste
Royal Dutch Shell's Shell Australia said Wednesday it entered into a sales agreement with Timor-Leste to sell the government a 26.56% interest in the Greater Sunrise…
Teledyne Bowtech Supplies Deepwater Lamps to Triton Submarines
Teledyne Bowtech, which specializes in the design and manufacturing of underwater vision systems, announced the supply of modified LED-V-Series deep water lamps…
ALE, OM Heavy Lift to Raise Dundee Offshore Profile
Global heavy lift and transportation specialist ALE has expanded its heavy lifting services by establishing a non-disclosure agreement with the Port of Dundee, which is owned by Forth Ports…
Alaska Marine Lines Expands to Arctic Ports
Alaska marine transportation company Alaska Marine Lines said that it is expanding its service from Seattle and Anchorage to the Arctic Region in 2019.Bowhead Transport…
Cepsa Appoints Musabbeh Al Kaabi as Chairman
Spanish multinational oil and gas company Cepsa announced that Musabbeh Al Kaabi was named as Chairman in succession to Suhail Al Mazrouei at a meeting of the Board…
Gazprom to Review Shale Gas and LNG Sectors
Russian energy giant Gazprom revealed that there is still a high level of uncertainty in the long-term forecasts for U.S. shale gas production. It also said that…
Samsung Heavy Uses Eco-friendly Paint for Vessels
South Korea's shipbuilder Samsung Heavy Industries has applied a solvent-free coating on its liquefied natural gas (LNG) carrier, saying it is the first case of…
Hapag-Lloyd unveils "Strategy 2023"
As the liner industry has come to a turning point following a period of consolidation, Hapag-Lloyd unveiled its five-year strategy, prioritizing profitability, service…
Europe to Fund ‘SkillSea’ Project in Maritime Sector
The European Commission said it will co-finance the project ‘Futureproof Skills for the Maritime transport sector (SkillSea)’.The project aims to develop strategies…
NYK Testing Cashless Ships
Japan's Nippon Yusen Kabushiki Kaisha (NYK) is currently considering the establishment of a new network that will enable onboard financial settlements through the…
Exmar Bags FLNG Contract from YPF
Belgium's Exmar and YPF of Argentina announced the signing of a firm, ten-year agreement to deploy Exmar’s barge-based floating LNG liquefaction unit (FLNG) currently…
Bomin Sells Belgium Bunker Ops
Bomin Group, a supplier of marine fuels, has agreed to sell its Belgium operations to certain individuals of the Somers family, controlling the tanker shipping company…
Cosco-PSA Terminal JV Adds Two New Berths in Singapore
China's Cosco Shipping Ports and PSA Corporation signed a memorandum of understanding (MoU) for the addition of two new berths at the Cosco-PSA Terminal in Singapore.With…
CPC Marine Terminal Loads 500 MT of Kazakh Oil
Half a billion tones of oil delivered by Kazakhstani Shippers to the Tengiz-Novorossiysk crude pipeline since the commencement of operation of CPC pipeline system…
Diana Shipping Fixes m/v Alcmene with BG Shipping
Greece-based Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited…
Detyens Shipyards Employees Feast Early
As is tradition, Detyens Shipyards hosts an annual Thanksgiving feast at the shipyard for its workers, the occasion used to also distribute the annual performance bonus checks for every employee. Per Maritime Reporter & Engineering News’ recent interview with D. Loy Stewart, Jr., owner of Detyens Shipyards, this year’s bonus pool provided each worker with the equivalent of approximately six weeks of pay.https://www.marinelink.com/news/shipyard-report-detyens-shipyards-444167
SBM Orders Second Fast4Ward FPSO Hull
SBM Offshore signed a contract Wednesday for a second hull in its planned series of Fast4Ward floating production, storage and offloading units (FPSO) with Chinese shipyard Shanghai Waigaoqiao Shipbuilding and Offshore Co., Ltd. (SWS).The order, which coincides with a keel laying ceremony for SBM's first Fast4Ward hull at the Shanghai shipyard, has been made before any engineering, procurement and construction (EPC) contract for the second hull.
Arc7 Class Arctic Vessels for Yamal LNG Facility
A new ice-breaking liquefied natural gas (LNG) tanker of the Arc7 class has begun sea trials by South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) around the island of Geoje…
Stronger Capesize Demand Pushes up Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday, buoyed by higher demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 5 points or 0.5 percent to 1,008 points.The capesize index gained 5.4 percent or 54 points to 1,056 points. Average daily earnings for capesizes…
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