ABB to optimize new wind farm SOV [Offshore]
ABB has recently announced dthat it will optimize the safety and environmental credentials of a new Louis Dreyfus Armateurs wind farm Service Operation Vessel (SOV) by installing Onboard DC Grid power distribution to enable the cost-efficient int...
2017-08-24 07:19:25
Ensco nets new drillship charter deal [Offshore]
Ensco plc announced on August 21 that ultra-deepwater drillship ENSCO DS-7 has been awarded a contract by Noble Energy to drill two wells and complete four production wells at the Leviathan field development in the Mediterranean Sea.  Thi...
2017-08-24 07:19:01
TOTE prepares barge-to-ship LNG bunkering [Shipping]
It turned out that JAX LNG has received a Letter of Acceptance (LOA) from the United States Coast Guard (USCG) for the operation of their waterfront LNG facility and the approval to conduct barge-to-ship LNG bunkering operations with TOTE Maritim...
2017-08-24 07:18:37
Van Oord to assist Deutsche Bucht project [Offshore]
Subsequent to the announcement that Northland Power’s 252 MW Deutsche Bucht offshore wind farm has reached financial close, Van Oord announced on August 21 that it is contracted for the Balance of Plant scope. The project was originally develop...
2017-08-24 07:18:10
Stake in 'Panuco' deal sold to Schlumberger [Offshore]
Petrofac and Schlumberger announced on August 22 that Petrofac has sold its 50% interest in Petro-SPM Integrated Services S.A. de C.V to Schlumberger. Petro-SPM operates the Panuco Integrated Service Contract in Mexico. Schlumberger now owns 100%...
2017-08-24 07:17:46
ODC-GOM join hands [Shipbuilding]
Oman Drydock Company (ODC), the only ship repairing yard operator in Oman, has recently made a partnership agreement with Singaporean shipbuilder Global Offshore & Marine Pte Ltd (GOM).  With the goal of diversifying its business port...
2017-08-24 07:17:06
China to set up small floating nuclear plants [Offshore]
It turned out that China's state-owned China National Nuclear Power Company (CNNC) will develop small floating nuclear power plants by setting up with a new joint venture (JV).   It is said that the JV includes CNNC, Zhejiang Zheneng Elec...
2017-08-24 07:16:39
Aframaxes head for scrapping yard [Shipbuilding]
Tankers are steadily heading for recycling yards with stagnant freight rates. In the past weeks, four VLCCs were demolished, and Aframax rates dropped below $ 2,000 per day, indicating that scrapping momentum is forming in the Aframax market. ...
2017-08-24 07:16:12
Tanker NB market keeps robust [Shipbuilding]
By the end of July this year, 146 new tankers have been ordered globally, showing a good newbuilding market compared to last year's 56. Many of them were from the VLCC and MR2 sectors, with 39 and 47 of these units being firmly ordered. In Apr...
2017-08-24 07:15:49
Korea to see 'thick plate price war' [Equipment]
Regarding the price of thick plate, there is a great chasm between Korean steel manufacturers and shipbuilders. The former is insisting price rises in order to deal with an increase in iron ore, while the latter is on the side of price cutting ag...
2017-08-24 07:15:26
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