OOCL-MS embrace AI in shipping [Shipping]
Microsoft Research Asia (MSRA), Microsoft’s world-class research arm, and Orient Overseas Container Line Limited (OOCL) announced their partnership in applying Artificial Intelligence (AI) research to improve network operations and achieve effi...
2018-04-25 07:17:47
Barossa enters FEED stage [Offshore]
Santos announced that agreement has been reached with joint venture partners to enter the front-end engineering and design (FEED) phase for the development of the Barossa project to backfill Darwin LNG (DLNG). Santos Managing Director and CEO ...
2018-04-25 07:16:49
Cheniere to arrange financing for Corpus Christi [Finance]
Cheniere Energy, Inc. (“Cheniere”) (NYSE American: LNG) announced on April 20 that its wholly owned subsidiary Cheniere Corpus Christi Holdings, LLC (“Corpus Christi Holdings”) has engaged financial institutions to act as Joint Lead Arran...
2018-04-25 07:15:12
Gulf Island completes sale of Texas south yard [General]
Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ:GIFI) announced on April 23 that on April 20, 2018, the Company completed the sale of its South Yard in Ingleside, Texas, to a subsidiary of Buckeye Partners for $55 m...
2018-04-25 07:12:28
MHI holds christening of next-gen LNGC [Shipbuilding]
Mitsubishi Shipbuilding Co., Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, held the christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for a joint venture of Mit...
2018-04-25 07:11:35
ExxonMobil announces locations for 2020 fuels [Shipping]
ExxonMobil has announced on April 17 that it will supply fuels that comply with the International Maritime Organization’s (IMO) 0.5% sulphur cap in ports in Northwest Europe, the Mediterranean and Singapore. Additional locations will be announc...
2018-04-25 07:10:07
Dayang Offshore wins wind farm SOV [Shipbuilding]
A Chinese owner Shanghai Xiongcheng Offshore Engineering is understood to have ordered one SOV at a compatriot yard Dayang Offshore Equipment. The 50m length vessel will serve repair and maintenance operations for wind farms in the east coasts...
2018-04-25 07:04:21
Ciner prepares to order new Suezmaxes [Shipbuilding]
Ciner Shipping Industry & Trading has reportedly been preparing for ordering more than one Suezmax tankers worth about $240m in total.  According to TradeWinds and industrial sources, the Turkish operator plans to order up to 158,000 ...
2018-04-25 07:02:12
NYK to raise funds for eco-friendly ships [Finance]
Nippon Yusen Kaisha (NYK) is said to issue unsecured corporate bonds in May this year with the goal of raising funds for building LNG-powered LNG bunkering vessels.  Under the 'Green Bonds' project, the Japanese company will raise funds o...
2018-04-25 07:01:38
Competition heating up for UAE ADGAS IGD-2 [Offshore]
UAE state-run Abu Dhabi Gas Liquefaction Company’s (ADGAS’s) $1bn IGD(Integrated Gas Development)-2 project is attracting global competition. According to industry sources, six teams have submitted technical bidding in April, and commercia...
2018-04-25 07:00:52
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