Equinor Picks Stowen for Sheringham Shoal
Great Yarmouth-based Stowen Clean Energy has secured a maintenance contract with Equinor for its Sheringham Shoal Offshore Wind Farm off the North Norfolk coast in the UK.As per contract…
Frontline Says No to Tankers Options from Trafigura
The world's largest oil tanker shipping company Frontline Ltd has declined options to buy four more tankers from Trafigura Marine Logistics (TML) and said that it…
Pelita Samudera Buys Handysize Bulker
Indonesian shipping and logistics company Pelita Samudera Shipping (PSS) has bought one bulk carrier from Singapore-based Convivial Navigation Co. Pte.Purchase price…
Cosco Names New CEO for OOIL
Cosco-owned Hong Kong containerline Orient Overseas (International) Limited (OOIL) said its chief executive Huang Xiaowen has resigned and Wang Haimin will succeed…
Ørsted Picks Hellenic Cables for UK Projects
Hellenic Cables, the provider of turnkey cable solutions for the offshore wind industry, has been awarded a contract to supply 23km of subsea cable to Ørsted, the…
Solstad Offshore Sells AHTS Vessel
Norwegian offshore vessel owner Solstad Offshore said that its wholly owned subsidiary Farstad Marine has sold one of its anchor handling tug supply (AHTS) vessels."Farstad…
LNG Cargo Ready Notation for Ethane Carriers
American Bureau of Shipping (ABS), the provider of classification, technical, and regulatory services for the marine industry, launched the industry’s first LNG…
AEC Collaborates with ABS for ULEC
American Ethane Company (AEC) is collaborating with ABS, the global provider of classification and technical advisory services to the marine and offshore industries…
ABS Issues AIP for Jiangnan for VLGC, VLEC Design
The class organization American Bureau of Shipping (ABS) has granted the approval in principle (AIP) for the LNG Jumbo, two next generation gas carrier designs from…
BAE Systems Wins U.S. Navy Contracts
British multinational defence company BAE Systems has received $170.7 million in contracts from the U.S. Navy to perform simultaneous maintenance and repair on two…
Aramco Rapidly Restores Production Capacity
Saudi Arabia's oil and gas giant Saudi Aramco announced that it will fully restore its production capacity by the end of September, in light of the Saturday's drone…
Qatar, Shell Partner on LNG Bunkering
State-owned Qatar Petroleum and the Netherlands-based oil and gas company Shell signed a shareholder agreement to establish a joint venture for global LNG bunkering…
IMI Shipyard Inks VLCC Order with HHI
Saudi Arabia’s International Maritime Industries (IMI) has signed a vessel purchase agreement (VPA) with the National Shipping Company of Saudi Arabia (Bahri) and…
Boskalis Unit Scores Mozambique FLNG Gig
Dutch dredging company Royal Boskalis Westminster announced that its 50%-owned associate company Smit Lamnalco is contracted by Coral FLNG to provide marine services…
MOL Trials LNG-Fuelled Tugboat at Kobe
Japanese shipping company Mitsui O.S.K. Lines (MOL) has taken part in the first bunkering of liquefied natural gas (LNG) into a tugboat at the Port of Kobe, Japan.At the Port of Kobe…
Clarke Joins Seaspan Shipyards as CFO
Seaspan Shipyards (Seaspan) has announced the appointment of James Clarke as Chief Financial Officer (CFO). With more than 15 years of senior finance experience in engineering and industrial environments Mr. Clarke brings his strong background in strategic finance to Seaspan’s growing shipbuilding and ship repair operations.Clarke joins Seaspan from the Houston, Texas, office of SNC Lavalin where he…
Crowley Awards Scholarships to Four Cal Maritime Students
Crowley Maritime Corp. awarded Thomas B. Crowley Sr. Memorial Scholarships to four California State University Maritime Academy (CMA) cadets at the Containerization and Intermodal Institute’s Connie Awards last night in Long Beach, Calif.The recipients earned the scholarships based on their academic achievement, financial need and their interest in pursuing careers at sea.Spencer Hoffman, a third-year student from Loomis, Calif., is currently a junior studying marine transportation.
IPO Expected for Italian Yacht-Maker Sanlorenzo
Italian motor yacht maker Sanlorenzo aims to list on the Milan Stock Exchange at about the same time as the rival Ferretti Group, with an initial public offering…
Next Wave of U.S. LNG Export Projects to be Tougher
The next wave of U.S. liquefied natural gas (LNG) export projects will be “tougher” to bring online, as companies with existing facilities take advantage of lower costs to expand capacity in coming years, the chief executive of Blackstone Group said on Wednesday.Blackstone CEO David Foley said at the Gastech Energy Conference in Houston that only one or two new startup projects may reach a final investment decision (FID) in the next wave of U.S.
NYK Conducts Japan’s First Carbon-Neutral Voyage
NYK has become the first Japanese shipping company to realize a carbon-neutral voyage by offsetting 5,000 tons of carbon dioxide (CO2), equivalent to the CO2 emitted by NYK’s environmental flagship car carrier Aries Leader during one voyage between Japan and the Middle East.Aries Leader is equipped with the latest energy-saving technologies, reducing CO2 emissions per unit by 30% compared with existing large pure car carriers (i.e., comparing emissions on a per car basis).
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