ABB to power and remotely monitor FSRU [Offshore]
ABB announced on March 27 that it will supply the power and electric propulsion system to a new Floating Storage and Regasification Unit (FSRU) for BW Group, which will also be remotely connected to ABB’s Collaborative Operations Centers.  ...
2017-03-29 07:38:18
New investments on Norwegian continental shelf [Offshore]
New technology and project improvements trigger new investments on the Njord and Bauge fields in the Norwegian Sea. Statoil, on behalf of the partnerships in the licences, today submits the plans for the development projects to the Norwegian mini...
2017-03-29 07:36:07
Rolls-Royce & TCOMS to develop smart ships jointly [Shipbuilding]
It emerged that Rolls-Royce and the Technology Centre for Offshore and Marine, Singapore (TCOMS) have recently signed a Memorandum of Understanding to form a strategic partnership to develop smart ship technologies. The partners will work on w...
2017-03-29 07:32:51
Wartsila partners to show new LNG transfer concept [Offshore]
Wärtsilä, Houlder and Trelleborg to introduce new small to mid-scale LNG distribution infrastructure concept at Gastech 2017. The technology group Wärtsilä has partnered with marine design consultancy Houlder and hose supplier Trelleborg i...
2017-03-29 07:29:45
TechnipFMC nets subsea constructino deal [Offshore]
TechnipFMC announced on March 27 that it has been awarded a contract by Shell Offshore Inc., a subsidiary of Royal Dutch Shell PLC (Shell), for the delivery, integration, and installation of the subsea production system (SPS) and subsea riser, ju...
2017-03-29 07:27:24
Damen completes works in special vessels [Shipbuilding]
It turned out that Damen Shiprepair & Conversion (DSC) has recently completed works in Vlissingen and Brest on two major vessels in the fleet of dredging and marine construction expert Jan de Nul Group.  One of these is the Vole au ve...
2017-03-29 07:24:41
MacGregor sets up new training academy [General]
MacGregor, part of Cargotec, announced on March 27 that it has recently opened a new facility in Arendal, Norway, which houses a training academy for customers. It specializes in advanced simulation training and has a purpose-built virtual realit...
2017-03-29 07:18:22
"PC tanker demand to further increase" [Shipbuilding]
The low oil price due to the oversupply of oil is calling for the era of PC tankers that the demand for the tankers will be higher in the future, an analysis suggested. Park Moo-Hyun, an analyst at Hana Financial investment, said, "The oversup...
2017-03-29 07:16:10
An Indian arrested and charged with stealing technology [General]
An Indian engineer who leaked Korea's offshore plant technologies including FPSO design without permission has been committed for trial. Seoul Western District Prosecutor's Office of Korea announced on March 27 that Mr. A, a 49-year-old Indian...
2017-03-29 07:15:19
Japanese traders to resume financing? [Finance]
Japanese traders are showing signs of resuming commercial ship financing, which provides loans to shipowners, including domestic and overseas shipowners. According to local media and industry sources in Japan, trading companies' investment pro...
2017-03-29 07:14:23
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