SHI added another LNGC [Shipbuilding]
Samsung Heavy Industries (SHI) announced on October 15 that it won a 174,000-cbm LNG carrier at around KRW211.8bn (around $185m in USD) from an Oceanian owner. It is known that the contract lasts from October 12, 2018, to January 31, 2021. The...
2018-10-15 11:14:34
KBR won engineering work for BJV [Offshore]
KBR, Inc. (NYSE: KBR) announced that Woodside Energy Ltd, as Operator for and on behalf of the Browse JV, has awarded KBR the Concept Definition engineering contract for the two gas FPSO facilities for the proposed Browse to North West Shelf Deve...
2018-10-15 08:24:58
YZJ/Mitsui to establish shipbuilding joint venture [Shipbuilding]
Mitsui E&S Shipbuilding Co., Ltd. ("MES-SC," Head Office: Tokyo, President and CEO: Tetsuro Koga), in partnership with Yangzijiang Shipbuilding (Holdings), Ltd. ("YZJ", Head Office: Jiangsu Province, Chairman: Ren Yuanlin, listed on the Singa...
2018-10-15 08:24:25
AET names their LNG dual fuel aframaxes [Shipping]
AET, one of the world’s leading petroleum and chemical tanker owners and operators, today named its first LNG dual-fuelled aframax vessels, Eagle Brasilia and Eagle Bintulu. The vessels were inaugurated at a ceremony held at the Samsung Heavy I...
2018-10-15 08:23:45
MOL introduces AR tech for navigational aid [Shipping]
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced plans to launch the experimental use of a system (Note 1) that supports ship operation during voyages using augmented reality (AR) technology, jointly developed by Fu...
2018-10-15 08:21:31
MODEC signed LOI for Brazil FPSO [Offshore]
MODEC, Inc. (“MODEC”) announce that it has received a Letter of Intent (LOI) for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel from Eni Mexico S. de R.L. de C.V. (“Eni Mexico”), a wholly own...
2018-10-15 08:21:01
Intelsat and APSATCOM Launch IntelsatOne Flex [Shipping]
Intelsat S.A. (NYSE: I) (“Intelsat”), operator of the world’s first Globalized Network and leader in integrated satellite communications, announced today that APT Mobile Satcom Ltd. (APSATCOM) will become the first maritime solution partner...
2018-10-15 08:19:49
Parkwind completes Northwester 2 funding [Offshore]
With the Financial Close of Northwester 2, Parkwind completes the development of 800MW of renewable electricity production capacity in Belgium. Friday, October 5, 2018 — Northwester 2 is proud to announce it has reached the official close of f...
2018-10-15 08:19:16
Hapag-Lloyd establishes MFR mechanism [Shipping]
With a stricter International Maritime Organisation emissions regulation (IMO 2020) coming into force as of 1 January 2020, the new sulphur cap for compliant fuel oil will be lowered from 3.5% to 0.5%. This new regulation will significantly impro...
2018-10-15 08:18:43
Canada Gas & LNG thrills in expectation [Offshore]
LNG Canada's positive final investment decision (FID) on an LNG project in Kitimat, British Columbia signals the return of a more favorable investment climate for the energy sector. Higher oil and gas prices and lower break-evens thanks to techno...
2018-10-15 08:18:10
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