COSCO delays jack-up rig duo again [Offshore]
The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) refers to the Company’s announcements on 14 November 2013 and 1 April 2015 in relation to the Construction Contracts for two LeTourneau Super 116E Jack-up Drill...
2017-04-11 07:32:40
BW joins hands with ICBCL [Offshore]
It turned out that BW Offshore Limited (BWO) has recently signed a cooperation agreement with world-leading financial leasing firm ICBC Financial Leasing Co., Ltd. (ICBCL) with the intention to establish a long-term strategic partnership to joint...
2017-04-11 07:29:49
Wood Group nets new engineering deal [Offshore]
Wood Group conveyed on April 6 that it was awarded a multi-year contract from Karoon Petróleo & Gás to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the first proj...
2017-04-11 07:28:02
Sembcorp disposes 70% interests in SGMET [Finance]
Sembcorp Marine (the "Company", and the Company and its subsidiaries, the “Group”) announced on April 7 that it had disposed of its 70% equity interest (the “Disposal”) in Shanghai Guofeng Marine Engineering and Technology Co., Ltd (“SG...
2017-04-11 07:25:59
Vard wins one live fish transportation vessel [Shipbuilding]
Vard Holdings announced on April 7 that it has secured a contract for the design and construction of one live fish transportation vessel for Fjordlaks Aqua in Ålesund, Norway. The new live fish transportation vessel of VARD 8 50 design is sch...
2017-04-11 07:23:00
DNV GL approves ULC design [Shipbuilding]
At the Gastech 2017 exhibition and conference in Tokyo, DNV GL presented Mitsui O.S.K. Lines (MOL) and Samsung Heavy Industries (SHI) with an approval in principle (AIP) for the design of a series of four LNG-fuelled 20,000 TEU container ships, w...
2017-04-11 07:19:41
HMD-DNV GL introduce new LPGC design [Shipbuilding]
At the Gastech 2017 conference in Tokyo, DNV GL presented Hyundai Mipo Dockyard (HMD) with an approval in principle (AIP) certificate for a new double side-hull LPG carrier design – LPG SAFE (Structural Advances for the Environment).  T...
2017-04-11 07:18:11
Wartsila to power innovative new fishing vessel [Equipment]
Wärtsilä announced on April 6 that the technology group has been awarded the contract to provide the propulsion machinery for a new purse seine fishing trawler ordered by Strand Senior AS, a subsidiary of Strand Havfiske AS based in Norway. The...
2017-04-11 07:16:08
ABB-Presserv to take care idle O&G vessels [Equipment]
ABB’s marine and ports business will partner with Presserv to offer maintenance packages for vessels that serve the oil and gas industry that are laid-up for prolonged periods. The two companies will combine specialized services to enable the p...
2017-04-11 07:13:25
"LNG bunkering, no big advantage" [General]
As LNG bunkering has been attracting attention as an eco-friendly ship fuel solution, opposing opinions have been presented in academia. Tristan Smith, a lecturer on energy transport at University College London (UCL), said in his paper that L...
2017-04-11 07:11:08
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