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German bank provides ship financing for two ships
[Finance]
KfW IPEX-Bank is providing EUR 16.43 million to Royal Arctic Line A/S to finance two additional transport vessels. In November 2018, KfW IPEX-Bank concluded a pre- and post-delivery financing for two similar vessels for the Greenland shipping com...
2019-03-18 10:56:10
Borr Drilling secures rig employments in Mexico
[Offshore]
Borr Drilling Limited (“Borr” and the “Company”) announced that one of its subsidiaries, in partnership with OPEX Perforadora S.A. de C.V., has received an official award from Petroleos Mexicanos (“PEMEX”) for the delivery of offshore...
2019-03-18 10:11:04
Naval Dome cyber protection got employment
[Equipment]
Totem Plus has signed a licence agreement with Naval Dome for use of its award-winning maritime cyber security software across a range of its advanced automation and navigation solutions. Under the agreement, Totem Plus is licensed to in...
2019-03-18 08:30:41
Mawani presents plan for port improvements
[Shipping]
The Saudi Ports Authority (Mawani), as part of a ‘qualitative leap’ in its management methods and operational performance, has announced plans to increase the productivity and competitiveness of the Kingdom’s ports. The plan calls for an ag...
2019-03-18 08:29:44
Cruise Ship Interiors Expo agenda revealed
[Equipment]
Cruise Ship Interiors Expo, the world’s first highly focused event dedicated exclusively to the interior design, architecture, and outfitting segments in the cruise industry, has released its full conference agenda. The inaugural event will tak...
2019-03-18 08:28:45
VIKING’s 2018 shaped by renewed growth and acquisition
[Equipment]
After two years of slightly declining revenue, VIKING Life-Saving Equipment A/S is seeing growth once more. In 2018, VIKING acquired the Norwegian manufacturer of lifeboats Norsafe AS. Adjusting for the costs of integrating this business and the ...
2019-03-18 08:27:54
GAC wins PETRONAS Caspian Sea contracts
[Offshore]
“GAC Marine S.A.” Branch in Turkmenistan (GAC Marine) has been awarded two contracts by PETRONAS Carigali (Turkmenistan) Sdn. Bhd. (PC(T)SB), a subsidiary of PETRONAS, to provide marine services for its development of the Garagol Deniz West (...
2019-03-18 08:27:24
MMA awarded Santos drilling support contract
[Offshore]
MMA announced that the company have been awarded a contract by Santos to support its 2019 jack-up drilling campaign. The contract is for the provision of three vessels to support the drilling campaign, including two anchor handling tug supply ...
2019-03-18 08:27:07
Wärtsilä to deliver fuel and savings with ESS
[Equipment]
A benchmark installation of three energy storage systems by the technology group Wärtsilä onboard an offshore construction vessel features, for the first time ever, energy and load sharing capability. The system combines a diesel-electric confi...
2019-03-18 08:26:20
KR-Hanwha Systems ink join research MOU
[Shipbuilding]
The Korean Register of Shipping (KR) and Hanwha Systems signed a memorandum of understanding (MOU) on March 14 for the 'joint research on the cyber security and ICT equipment of special vessel.' Under the MOU, the two parties will ...
2019-03-18 08:25:34
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