Nantong Xiangyu secures 6 BCs [Shipbuilding]
  It turned out that China’s Nantong Xiangyu Shipbuilding & Offshore Engineering (Nantong Xiangyu) has signed three newbuilding contracts.   According to industry sources and TradeWinds, Nantong Xiangyu signed a newbu...
2021-02-19 09:06:06
On-order VLCCs on decrease [Shipbuilding]
  The number of very large crude carriers (VLCCs) in global shipbuilding industry has considerably decreased early this month.     It seems that such a downturn was largely influenced by the recent contract cancellation of...
2021-02-19 09:01:34
SHI scores LNG-fueled VLCC quartet [Shipbuilding]
  Samsung Heavy Industries (SHI) announced on February 18 that the Korean mammoth shipbuilder won four LNG-fueled very large crude carriers (VLCCs) from an Oceanian operator at KRW 458.7bn (about $413.8m) in total. The VLCC quartet will b...
2021-02-19 09:00:19
TechnipFMC completes spin-off [General]
  TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) TechnipFMC announced on February 15 that  it has completed its spin-off transaction to create two industry leading, independent, publicly traded companies, TechnipFMC and Tec...
2021-02-18 09:49:20
GTT gets 2 AiPs from BV for ammonia tank & ‘1 barg’ tech [Equipment]
  GTT announced on February 15 that it has obtained two Approvals in Principle (AiP) from Bureau Veritas (BV), a world leader in testing, inspection and certification.   The first Approval is related to the « NH3 Ready &r...
2021-02-18 09:45:28
Aker Solutions to electrify Equinor’s Troll B & C Platform [Offshore]
  Aker Solutions recently announced that it has secured a letter of intent from Equinor for the topside work on the Troll B and C platforms offshore Norway to reduce the CO2 emissions. These modifications will include installation of equi...
2021-02-18 09:40:37
DNV GL addresses ‘safety gap’ with new white paper [General]
  DNV GL, the world’s leading classification society, announced on February 15 that it has released a white paper - “Closing the safety gap in an era of transformation” – at a press conference. The white paper iden...
2021-02-18 09:36:11
Seanergy Maritime to acquire additional Capesize ship [Shipping]
  Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP) announced on February 16 that it has entered into a definitive agreement with an unaffiliated third party to purchase a Capesize vessel (the “Vessel&...
2021-02-18 09:32:18
Polar Tankers tests 3D printed parts on tanker [Equipment]
  ABS announced on February 17 that ABS, Sembcorp Marine, 3D Metalforge and ConocoPhillips Polar Tankers Inc. (Polar) have successfully fabricated, tested, and installed functional additive manufactured parts on board the oil tanker Endea...
2021-02-18 09:26:16
Petrofac forms alliance for recovery of North Sea reserves [Offshore]
  Petrofac announced on February 15 that Petrofac, Repsol Sinopec Resources UK and TechnipFMC have formed an innovative industry alliance which seeks to maximise the recovery of oil and gas from the UK Continental Shelf (UKCS).   ...
2021-02-18 09:19:36
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