Russia Ships Record High LNG Volumes to Europe
Russia delivered a record amount of liquefied natural gas (LNG) to Europe in February, becoming the biggest supplier of the chilled fuel to the continent for the first time.A total of 19 cargoes, or 1.41 million tonnes, of LNG from the Yamal LNG plant in Russia's Arctic reached regasification terminals in Europe in February, with the majority of those going to northwest Europe, Refinitiv Eikon data…
Fincantieri Open to Shipyard Acquisitions
Italian shipbuilder Fincantieri is open to new acquisitions in the sector as authorities review its purchase of French rival STX, CEO Giuseppe Bono said on Thursday.When asked about possible M&A activity in the future other than STX, Bono said: "Why not?".Italy's Deputy Minister Matteo Salvini, who was attending the same event in Monfalcone, said the idea of possibly replacing Bono was off the table.(Reuters, Reporting by Riccardo Bastianello; writing by Francesca Landini, editing by Steve Scher
New Book on Ship Stability
To say this book is a collection of research would be an understatement. “Contemporary Ideas on Ship Stability: Risk of Capsizing” is more like a preservation of knowledge covering the last nine years.Dr. Vadim Belenky, a naval architect in the Simulations and Analysis Branch at Naval Surface Warfare Center, Carderock Division, was the editor in chief for the book, the chapters of which are papers from engineers, naval architects and professors from around the world.
Alfons Håkans Orders Two Ice Class Tugs
Alfons Hakans AS, a provider of tugboat services, has signed a contract about two ice class 67-ton bollard pull ASD tugs with Sanmar shipyard in Turkey.Technical…
OHT Sisters Spoted in Singapore
Eagle and Falcon, sister vessels and the workhorses of the Offshore Heavy Transport (OHT) family, were coincidentally working side by side in Singapore earlier…
PG's Pump for Sølvtrans' Boat
Norwegian shipyard Aas Mekaniske Verksted has awarded compatriot pump supplier PG Flow Solutions a deal to deliver pump systems to another new vessel the yard is…
Ulstein Bags SunStone Ship Order
Norwegian ship designer Ulstein has received a contract to design the fourth expedition cruise vessel for Miami-based SunStone Ships, in their Infinity series.The vessel…
Pershing Splashes Flagship Superyacht
Pershing has announced the launch of its first aluminium superyacht, the flagship Pershing 140.The 42.53m yacht hit the water in the Ferretti Group's Super Yacht Yard in Ancona…
Fincantieri Cuts Steel for Qatar OPV
The largest shipbuilder in Europe Fincantieri said that the steel cutting ceremony of the first patrol vessel (OPV - Offshore Patrol Vessel)ordered Qatari Ministry…
Concrete 'Foundation' Reaches Aberdeen
As the first 6,000 tonne concrete “foundation” for Aberdeen Harbor’s $466m expansion has arrived from Cromarty Firth, the harbor expansion project has reached a new landmark stage.The 50m long…
Operation to Raise Norwegian Frigate Began
Royal Norwegian Navy conducts an operation to partially raise the sunken vessel HNoMS Helge Ingstad, starting from February 26. The operation is estimated to take…
Record Level of New Orders for GTT in 2018
French shipping engineering company Gaztransport & Technigaz (GTT) said that the new ship orders in 2018 surged on year to 50 from 21, making its sales hit a 10-year high…
Höegh LNG Doubles Profit
Hoegh LNG, a provider of floating liquefied natural gas (LNG) services under long-term contracts, reported a profit after tax of $ 44.98 million for the quarter and year ended 31 December 2018…
Oil, Gas Majors Join Blockchain Consortium
A group of seven major oil and gas companies, including ExxonMobil Corp., Chevron Corp. and ConocoPhillips, announced a partnership to establish the first industry…
Kalmar Backs DP World Ecuador Terminal Project
Kalmar, a provider of lifting solutions and part of Cargotec, has announced a further extension of its collaboration with world-leading global terminal operator…
Global FPSO Market to Hit USD30Bln by 2025.
The floating storage and offloading (FSO) vessel market is anticipated to surpass USD 30 billion by 2025, said a study.The FPSO market is set to witness vigorous…
Golar Bullish on LNG Market
Through the provision of cheaper and cleaner energy the liquefied natural gas (LNG) market will likely take market share from coal and oil and sustain industry growth…
Port Dover Faces Brexit Heat
Britain's Port of Dover has the resilience to cope with moderate disruption arising from Brexit and there is latent short sea capacity to absorb significant overflow…
Israeli Shipping Giant Invests in Tech Firm
Israeli container line ZIM Integrated Shipping Services (Zim) has announced an investment in technology start-up Ladingo, a solution provider connecting ocean freight…
Green Tech to Cut Shipping Emissions
How can green technology and innovation help deliver International Maritime Organization (IMO) ’s initial strategy on reducing GHG emissions from ships?A press note…
