HÖEGH LNG secures debt financing for FSRU [Offshore]
Höegh LNG Holdings Ltd. ("Höegh LNG" or the "company") has received commitment letters for a USD 177 million debt financing for FSRU #9 (the “facility”),  which is scheduled to be delivered in the fourth quarter of 2018. The facility c...
2018-08-07 07:27:59
The count-down for SMM is on [General]
In just a few weeks, the Who’s Who of the maritime industry will meet in Hamburg for SMM, the leading international maritime trade fair. Around 50,000 international visitors are expected to attend, and more than 2,200 exhibitors will be present...
2018-08-07 07:27:12
15 years of maritime battery research completed [Equipment]
Project partners Eidesvik Offshore, Wärtsilä Norway and DNV GL have announced the closure of the FellowSHIP research project. The cooperation has explored the use of battery, hybrid and fuel cell technology in the maritime industry for over 15 ...
2018-08-07 07:26:00
Cruise industry embraces transcritical CO2 technology [Equipment]
International technology group GEA signed a contract for its new transcritical CO2 industrial refrigeration technology, with P&O Cruises, part of Carnival Corporation & PLC, the world’s largest commercial cruise ship operator. The green...
2018-08-07 07:25:17
SUBSEA 7 awarded contract offshore UK [Offshore]
Subsea 7 announced the award of a sizeable contract by Nexen as part of the Buzzard Phase 2 Project, located approximately 55 kilometres off the north-east coast of Scotland. Subsea 7’s contract scope includes project management, engineering...
2018-08-07 07:24:53
McDermott Awarded EPCI Subsea Tieback Contract [Offshore]
McDermott International, Inc. (NYSE: MDR) announced a sizeable* contract award by PEMEX Exploración y Producción for subsea pipeline flowline installation in support of its Ayatsil field, located 50 miles northwest of Ciudad del Carmen in the B...
2018-08-07 07:23:47
SEA secures Woodside Scarborough [Offshore]
Subsea Engineering Associates Pty Ltd (SEA) has been awarded the contract for Define Phase engineering services for the Scarborough Development Export Trunkline from Woodside Energy Limited. This will enable SEA to utilise the award winning ICE P...
2018-08-07 07:23:02
CMA CGM and VIKING work together for better safety [Equipment]
Thinking big When your fleet has a large number of vessels, including some of the world’s biggest container ships, and you operate some 200 shipping routes to visit almost all of the important commercial ports, it’s the Big Picture that re...
2018-08-07 07:22:19
CSBC lands feeder boxship series [Shipbuilding]
Yang Ming Marine Transport of Taiwan turns out to have ordered feeder containership series from its compatriot shipbuilder CSBC.  According to TradeWinds and industrial sources, CSBC has won 10+4 2,700 containerships from Yang Ming, beati...
2018-08-07 07:13:56
Vale chose scrubber solution for VLOC fleet [Equipment]
Brazilian mining giant Vale chose scrubber for its VLOC fleet to respond to 2020 regulation. Vale commented that scrubber is the most feasible solution compared to low-sulfur oil and LNG. Currently, 47 units of 325,000-dwt VLOCs and one 400...
2018-08-07 07:13:15
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