Kongsberg hits 100 K-IMS installations [Equipment]
The innovative KONGSBERG Information Management System (K-IMS) has had over 100 installations for vessel owners and charterers in the LNG sector. The milestone represents a significant breakthrough for KONGSBERG and the K-IMS product within the L...
2017-06-01 10:07:00
Framo nets deal for supplying pumping systems [Equipment]
Framo turns out to have signed a contract with Höegh LNG for the delivery of pumping systems to their new Floating Storage Regasification Unit (FSRU). The contract is for one unit, with option for three more units which are currently being built...
2017-06-01 10:02:13
Peace Boat places order for 'Ecoship' [Shipbuilding]
Peace Boat has recently announced that it signed a letter of intent (LOI) with the Finnish shipbuilding company Arctech Helsinki Shipyard Inc., to construct the Ecoship, the world's greenest cruise ship. Peace Boat director and founder Yoshioka...
2017-06-01 09:57:45
Vard wins one krill fishing vessel [Shipbuilding]
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels, announced on May 29 that the contract for the design and construction of one krill fishing vessel for Aker BioMarine in Norway has been...
2017-06-01 09:55:34
China builds boxship based on Deltamarin design [Shipbuilding]
Deltamarin’s energy-efficient cargo ship family reached yet another milestone as Icelandic Eimskip Ltd and Greenland-based Royal Arctic Line A/S ordered the first three container vessels based on Deltamarin’s design. The ships will be built a...
2017-06-01 09:53:23
DryShips receives commitment for senior credit facility [Finance]
DryShips Inc., or DryShips or the Company, a diversified owner of ocean going cargo vessels, announced on May 30, it has received firm commitment for a senior secured credit facility of up to $150 million (the “Facility”) with ABN AMRO bank a...
2017-06-01 09:51:31
Six offshore exploration wells set to drill in the UK [Offshore]
Six of the offshore exploration wells that are set to drill in the UK in 2017 have an average pre-drill prospect volume of over 100 million barrels of oil equivalent (mmboe).  Does this signal a renaissance for UK exploration or are explorer...
2017-06-01 09:48:05
Ensco-Atwood sign merger agreement [Offshore]
Ensco plc (NYSE: ESV) and Atwood Oceanics, Inc. (NYSE: ATW) jointly announced on May 30 that they have entered into a definitive merger agreement under which Ensco will acquire Atwood in an all-stock transaction. The definitive merger agreement w...
2017-06-01 09:44:03
Rolls-Royce launches new version of B33:45 Engine [Equipment]
Rolls-Royce announced on May 30 that the company has launched a V-Line version of its highly successful B33:45 engine series. At 600 kW per cylinder the new design delivers 20% more power than the B32:40, in a compact design allowing more power i...
2017-06-01 09:41:20
Volvo Penta launches Tier III engine concept [Equipment]
New IMO Tier III concept is revealed for the marine sector at the Nor-Shipping international exhibition and conference in Norway, ahead of further regulations coming into force in Europe. Volvo Penta is launching a new engine and aftertreatmen...
2017-06-01 09:39:33
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