DSME labor-management draw tentative agreement [Shipbuilding]
The labor and management of Daewoo Shipbuilding & Marine Engineering (DSME) draw a tentative agreement for 2016-2017 wage negotiation. They agreed to freeze wages for the two years and change over from several allowances to basic pay, inst...
2017-12-22 07:08:08
Exmar orders new LPGC duo [Shipbuilding]
Exmar announced on Dec 20 - 5.45 pm local time in Belgium that the company entered into an agreement with Statoil ASA from Norway on two environment-friendly newbuildings.  The 79,500 chm gas carriers will transport LPG in a sustainable m...
2017-12-21 11:41:41
MODEC awarded contract for Mero [Offshore]
MODEC, Inc. (“MODEC”) announced on December 18 that it has signed the contract for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel with Petróleo Brasileiro S.A. (“Petrobras”) as Leader and Op...
2017-12-21 07:21:09
ABS Awarded Classification Contract for ATB [Offshore]
ABS, a leading provider of classification and technical services to the marine and offshore industries, announced on December 18 that it was selected by Q-LNG, LLC, to class an Articulated Tug Barge (ATB) for LNG bunkering in North America. The v...
2017-12-21 07:20:07
Huntington Ingalls Industries awarded subs contract [Shipbuilding]
Huntington Ingalls Industries (NYSE:HII) announced on December 19 that its Newport News Shipbuilding division was awarded a contract from General Dynamics Electric Boat worth up to $468 million to begin work on integrated product and process deve...
2017-12-21 07:19:20
Containership trio highlight upturn in activity [Shipbuilding]
Gibdock’s success in attracting German shipowners to its facilities for shiprepair work continues to grow, with three German containerships docking at the Gibraltar yard within a six-week period during the last quarter of 2017. The Peter Döhle...
2017-12-21 07:16:16
Columbia engineers develop floating solar fuels rig [Offshore]
Design is the first practical floating solar hydrogen-generating device to perform water electrolysis without pumps or membranes; could lead to low-cost, sustainable hydrogen production In a single hour, more energy from the sun hits the Earth...
2017-12-21 07:15:28
Statoil acquires 25% of the Roncador field [Offshore]
Statoil ASA (OSE:STL, NYSE:STO) and Petróleo Brasileiro S.A. - Petrobras (“Petrobras”) (BVMF: PETR4, NYSE:PBR) announced on December 18 that they have agreed that Statoil will acquire a 25% interest in Roncador, a large oil field in the Camp...
2017-12-21 07:14:39
Aker BP investing for increased recovery [Offshore]
Aker BP announced on December 18 that it has invested in and acquired a 17 % stake in the company Fishbones AS (“Fishbones”). Fishbones is an unconventional stimulation technology applied to increase the production rates in tight reservoirs. ...
2017-12-21 07:13:41
BSIC enlarges MSC boxships [Shipbuilding]
MSC and CSIC-affiliated Qingdao Beihai Shipbuilding Heavy Industry (BSIC) signed a deal for the Jumboisation of up to 11 mega containerships. Two parties already have agreed for the Jumboisation of nine 14,000teu containerships and revealed th...
2017-12-21 07:12:49
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