Bahri Dry secures capital for Mipo BCs [Finance]
Bahri Dry Bulk, a business unit of global transportation and logistics leader Bahri, has announced on January 10 that it has secured a Sharia-compliant funding of SAR 360 million from Bank Albilad, one of the fast-growing banks in Saudi Arabia, t...
2018-01-12 07:26:36
Norwegian offshore operator returns to Gibdock [Offshore]
Gibdock announced on January 10 that it has extended its impressive track record in the offshore vessel sector, following the visit of the 5700dwt 3D seismic survey vessel Polar Marquis, operated by Norwegian company GC Rieber Shipping. The Berge...
2018-01-12 07:25:22
Cement carrier englarged by Damen [Shipbuilding]
Two years after its previous visit the Lelie C owned by Cebo Marine, has left Damen Shiprepair Oranjewerf (Oranjewerf) following a full maintenance programme and a significant upgrade to its cement carrying capacity. The three-week stopover inclu...
2018-01-12 07:23:50
BMT-MSI for Alexandroupolis FSRU terminal project [Offshore]
BMT and Metocean Services International (MSI) announced on January 9 that they have been jointly awarded a contract by Gastrade to deploy an Environmental Monitoring System (EMS) and develop metocean criteria to be utilised for the design of the ...
2018-01-12 07:22:44
Deltamarin-GTT present solutions for long trip [Equipment]
Deltamarin together with Gaztransport & Technigaz (GTT), an engineering company involved in membrane containment systems for transport and storage of LNG, has studied the use of membrane-type tanks on cargo and passenger vessels. For quite...
2018-01-12 07:21:21
Flex LNG takes delivery of Flex Endeavour [Shipbuilding]
On January 9, Flex LNG successfully took delivery of its first LNG carrier newbuilding the Flex Endeavour. In connection with the delivery USD 105m of the secured term loan facility was paid out and a further USD 105m has been pre-positioned for ...
2018-01-12 07:21:01
MR TK orders expected to surge soon [Shipbuilding]
An increase in new MR tanker orders is expected against a backdrop of favorable factors from  the US. The Energy Information Administration (EIA) of the US previously forecasted that crude production in the country will reach the historic...
2018-01-12 07:20:38
"LNGC delivery spree expected in 2018-19" [Shipbuilding]
Last year's 50% slippage in new LNG carrier deliveries is expected to result from an excessive orderbook to be delivered in 2018 and 2019.   According to Banchero Costa, the number of global LNG carrier fleet stood at about 490 as of...
2018-01-12 07:15:05
Busan-KOMERI to continue supports [General]
Busan Metropolitan City and the Korea Marine Equipment Research Institute (KOMERI) promote a new support project for helping Korean shipbuilding & offshore plant equipment providers to attain certification abroad.  With the goal of st...
2018-01-12 07:14:05
FSG won Aussie Ro-Pax [Shipbuilding]
An Australian ferry company TT-Line Company is understood to order two new Ro-Pax ferries at Flensburger Schiffbau-Gesellschaft (FSG). The units will replace existing older units which are connecting Victoria and Tasmania, Australia. Mike Grai...
2018-01-12 07:13:20
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