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Offshore
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BV approves design of FOWT foundation
[Offshore]
Bureau Veritas announced on June 13 that it has issued a Preliminary Design Approval for a Floating Offshore Wind Turbine (FOWT) foundation designed by DCNS Energies. The floating foundation is based on a semi-submersible floater, designed to be ...
2017-06-15 07:33:10
Yamal LNG raises financing from Europe
[Finance]
OAO Yamal LNG (“Yamal LNG”) has recently announced the signing of agreements with several European banks, inter alia Raiffeisen Bank International AG and Intesa Sanpaolo on 14-year credit line facilities for the total amount up to EUR 425 mil...
2017-06-15 07:30:43
Supertankers to use ABB software
[Equipment]
Supertankers entering the Port of Long Beach will use ABB’s marine software to produce real-time data of the keel-to-seabed clearance, improving the safety and efficiency of the operations. Sensors fitted to Tesoro vessels will send information...
2017-06-15 07:28:13
Sevan Marine sells shares in KANFA AS
[Finance]
With reference to Sevan Marine’s fourth quarter report issued 21 February 2017, Sevan Marine informed that the company had received a formal notification of Technip Norge’s intention to exercise their option to buy Sevan Marine’s remaining ...
2017-06-15 07:26:13
McDermott installs its 1st jacket
[Offshore]
McDermott International has recently celebrated a major milestone with the load-out and installation of the first jacket fully fabricated by the Company at its recently opened Dammam fabrication yard in Saudi Arabia. The Safaniya 264 Jacket is...
2017-06-15 07:24:50
Wood Group nets new deal for Australia
[Offshore]
Wood Group has secured a $6million contract with Woodside to support the execution of phase two of their Greater Western Flank (GWF-2) project, located on the North West Shelf (NWS), offshore Western Australia. Effective immediately, Wood Grou...
2017-06-15 07:22:50
IMO amends SOLAS2020
[Shipbuilding]
IMO’s Marine Safety Committee (MSC) adopted amendments to SOLAS2020 that raise the damage stability requirements for passenger vessels in the event of flooding caused by a collision. These changes used as a basis a series of EU and EMSA funded ...
2017-06-15 07:20:51
Speedcast boosts commitment to Inmarsat services
[Equipment]
Speedcast International (ASX: SDA), one of the world’s leading providers of high-speed broadband connectivity to the global maritime industry, has signalled growing industry acceptance for Global Xpress-powered services from Inmarsat (LSE: ISAT...
2017-06-15 07:17:06
Shipping losses continue to decline
[Shipping]
Large shipping losses have declined by 50% over the past decade, largely driven by development of a more robust safety environment by ship-owners, according to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipp...
2017-06-15 07:14:20
MHI-Oshima to form alliance
[Shipbuilding]
Mitsubishi Heavy Industries, Ltd. (MHI) has recently reached a basic agreement with Oshima Shipbuilding Co., Ltd. towards the formation of an alliance in the commercial ship business. The companies will seek business synergy and target sustainabl...
2017-06-15 07:11:33
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