Euronav's sale and leaseback agreement [Shipbuilding]
Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) announced on January 2nd that it has entered into a sale and leaseback agreement for three VLCC vessels with Taiping & Sinopec Financial Leasing Ltd Co. ...
2020-01-06 10:21:17
KVH & Kongsberg achieve Iot system installation [Shipbuilding]
KVH Industries, Inc., (Nasdaq: KVHI), and Kongsberg Digital has announced on January 2nd that the successful installation of their first joint maritime IoT system on an active working vessel. The team installed a KVH Watch VSAT antenna for IoT ...
2020-01-06 10:19:02
GEV Extends LOI of CNG project with CIMC [Shipbuilding]
GEV announced on January 2nd that Global Energy Ventures Ltd (ASX: GEV, the Company), the leading developer of global integrated marinecompressed natural gas (CNG) projects, is pleased to announce an extension of a Letter of Intent (LOI) withYant...
2020-01-06 10:16:28
Nantong Huakai declared bankrupt [Shipbuilding]
It turned out that China Ocean Industry's wholly owned subsidiary Nantong Huakai Heavy Industry has finally been declared bankrupt.  According to industrial source and foreign press, a Jiangsu-based court reportedly declared the Chinese...
2020-01-06 09:07:16
BW announces FSRU conversion [Shipbuilding]
BW LNG, an affiliate of Singaporean shipowner BW Group, has recently announced through its social network service channel that the modification of the FSRU 'BW Magna' was completed. The 173,400 cbm FSRU will be hired by Gas Natural Acu (GNA), ...
2020-01-06 09:05:03
"Scrubber, high cost savings for ship" [Shipbuilding]
Experts have predicted that ship operators and ship owners who installed exhaust cleaning devices (scrubbers) on ships will benefit greatly at cost. An analysis by Maritime Strategies International (MSI), a London-based marine consulting fir...
2020-01-06 09:02:02
BHP may order LNG powered bulkers [Shipbuilding]
Australian mining giant BHP, the world's largest mining company, is expected to place an order for the New CastleMax bulker series worth about $1 billion in the first quarter of this year. According to industry information, the company's vic...
2020-01-06 08:58:21
NOVATEK secures the Bukharinskiy License Area [Shipbuilding]
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced on December 27 in Moscow that Arctic LNG 1, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the Bukharinskiy subsoil license a...
2020-01-03 10:11:47
ExxonMobil obtains expedition acreage offshore Egypt [Shipbuilding]
ExxonMobil announced on December 30 it has secured more than 1.7 million acres for exploration offshore Egypt. “These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of ...
2020-01-03 10:09:10
The world's first LNG-powered shallow-water push boat [Shipbuilding]
Rolls-Royce announced on December 6 that Rolls-Royce and Canadian vessel designers Robert Allan have developed the world's first shallow-water push boat powered by LNG natural gas engines. At the International Workboat Show in New Orleans, clas...
2020-01-03 10:06:53
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