Cambodia-KrisEnergy seal terms for Cambodia Block A [Offshore]
The Royal Government of Cambodia and KrisEnergy Ltd. (“KrisEnergy” or the “Company”) has recently announced the signing of fiscal and technical agreements for the nation’s first oil field development in Cambodia Block A in the Gulf of T...
2017-08-28 07:39:12
Skangas-ESL ink gas fuel supply deal [Shipping]
Skangas and ESL Shipping have entered into an agreement for providing gas fuel to ESL’s LNG-powered bulk carrier newbuildings. These two new vessels will start operating during first half of 2018. The first of the two vessels was named “Viikk...
2017-08-28 07:34:06
Hoegh LNG announces 4Q and 1H results [Finance]
Höegh LNG Holdings Ltd. ("Höegh LNG") has recently reported its financial results for the quarter and half year ended 30 June 2017. Highlights · EBITDA of USD 37.7 million · Profit after tax of USD 8.5 million · Dividend of USD 0.125...
2017-08-28 07:31:36
Kongsberg wins award from Omega Management [Offshore]
Kongsberg Digital has recently announced that it has received the NorthFace ScoreBoard AwardSM from Omega Management Group Corp for excellence in customer service and support in 2016. Since 2000, the award has been presented annually to companies...
2017-08-28 07:28:29
Wartsila-ABB join hands for lifecycle service [Equipment]
The technology group Wärtsilä and ABB, a pioneering technology leader, have signed an agreement to expand their cooperation in lifecycle service offerings. In this context, ABB has granted Wärtsilä the Authorized Service Provider status for s...
2017-08-28 07:26:13
CTD uses more inland water vessels [Shipping]
HHLA subsidiary CTD Container-Transport-Dienst, which carries out a large proportion of the container transfers between the different terminals and depots at the Port of Hamburg, is increasingly using inland water vessels. In May 2017, it transpo...
2017-08-28 07:23:22
STX might win MR order [Shipbuilding]
Greek shipowner Pantheon Tankers considers placing several MR tanker orders at STX Offshore & Shipbuilding, industry sources reported. According to TradeWinds, the shipowner plans to order 2+2 50,000 dwt tankers at around $33m apiece throu...
2017-08-28 07:18:54
China likely to win world's largest boxships in Sep [Shipbuilding]
It is expected that a contract for new ultra large containerships (ULC) will be signed between CMA CGM and two Chinese shipyards in next month.  According to TradeWinds, the French containership operator will have a signing ceremony with ...
2017-08-28 07:18:15
MSC to order mega boxships at Korea? [Shipbuilding]
Global ULCS operator Mediterranean Shipping Co (MSC) is linked to an order for up to 11 new ULCSs.   According to brokers and TradeWinds, the company is close to signing with Samsung Heavy Industries (SHI) for up to six 22,000teu ULCSs, an...
2017-08-28 07:16:58
CSIC swaps debt for equity in two affiliates [Finance]
China Shipbuilding Industry Corporation (CSIC) turns out to have carried out debt-to-equity swaps for its two non-listed subsidiaries. It is said that eight investors picked up stakes in the two companies for about CNY 22bn (approximately $3.3bn)...
2017-08-28 07:15:24
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