Flex LNG executes sale-leaseback of Flex Rainbow
FLEX LNG LTD (Oslo Børs: FLNG) or the Company announced on July 12 that it has executed the sale-leaseback transaction of Flex Rainbow which was announced in connection with the first quarterly presentation 29 May 2018. &nbs...
NY envisioning offshore wind tender
Governor Andrew M. Cuomo announced that the New York State Public Service Commission has set a course for the state's first procurements of offshore wind to support New York's goal of 2,400 megawatts of new offshore wind generation by 2030, enoug...
Head Energy reports orderbook-record
Head Energy posts an orderbook of mNOK 345 as per June 30, 2018. The orderbook has more than doubled since June 30, 2017 and increased 50 percent since year-end 2017. Head Energy’s contract portfolio is robust regarding customer spread and qual...
Milaha deploys flagship vessel off West Africa
Milaha has announced the deployment of its liftboat, Milaha Explorer, off the coast of West Africa as part of a long-term charter with a major international oil company. Milaha Explorer is the largest of its kind to be owned by a Qatari company, ...
POSH enters Taiwan offshore renewables market
Offshore marine services provider PACC Offshore Services Holdings Ltd. (“POSH”) and Taiwan-based logistics firm Kerry TJ Logistics (“Kerry TJ”) today announced they will be incorporating a joint venture company POSH Kerry Renewables (“P...
Jan De Nul clinches 'Northwester 2' works
Jan de Nul (JDN) Group announced on July 10 that the Belgian engineering company has signed an EPCI contract with its compatriot offshore wind developer Parkwind for 'Northwester 2' offshore wind farm. For the 224 MW Northwester 2 projec...
LNGC orders shot up in 1H
Global shipyards' 1H LNG carrier order intakes showed a sharp increase against the same period of 2017. For the first half of 2018, according to VesselsValue, a total of 22 LNG carriers worth $3.97bn have been ordered, representing a significa...
DSME confirms drillship disposal
Daewoo Shipbuilding & Marine Engineering (DSME) announced on July 12 through a regulatory filing that the company sold two drillships at KRW672.5bn ($600m), receiving advances. The yard had put a regulatory filing on March 26 that it has c...
MOL seeking for FSU for India
A Japanese shipping company Mitsui O.S.K. Lines (MOL) is seeking FSU for Swan Energy’s LNG project in Jafrabad, India. A company official commented in an interview with TradeWinds that MOL is providing FSRU operation and maintenance service ...
Cost Efficiency A Key Driver: WindEnergy Hamburg
In recent years, increasing pressure to drive down wind turbine manufacturing prices has spurred enormous advances in technology. For example, turbine and rotor sizes have grown at an impressive speed, and many other innovations have enabled sign...
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