3. Maj bankruptcy postponed again [General]
Rijeka Commerical Court of Croatia has postponed the decision on the bankruptcy of 3. Maj shipyard by June 5, sources told. 3. Maj’s liabilities reached HRK135m, or around $20m. Sources said that the postponement could buy some time for the ...
2019-04-19 15:50:40
MOL invests in six large ethane carriers [Shipping]
Major Japanese operator MOL has invested in six VLECs, which the company has operated for Reliance of India. Sources told that MOL and Reliance have agreed to split shares in VLECs by 50:50. The ships were built by Samsung Heavy Industries (SH...
2019-04-19 15:04:31
Radiance to invest $2bn in Pakistani shipping [Shipbuilding]
Global Radiance Group, a shipbuilding and marine service outfit of Singapore, has decided a $2bn investment on the shipping and shipbuilding industries of Pakistan. Sources quoted Abdul Lateef Siddiqui, Managing Director of the group, saying t...
2019-04-19 14:36:02
HSHI won crane contract for PSA [Shipping]
Hyundai Samho Heavy Industries (HSHI) signed a contract for the provision of four container cranes with PSA of Singapore. The deal is turnkey-based, meaning HSHI would cover design, procurement, production, transport, and commissioning of the cra...
2019-04-19 14:06:17
SOFEC provides mooring for Petronas FLNG [Offshore]
MODEC, Inc. (“MODEC”) announced that SOFEC, Inc. (“SOFEC”), a MODEC Group company, has completed the Engineering, Supply and Delivery of Mooring System (Chains & Anchors) contract for PETRONAS Floating LNG 1 (L) Ltd (“PFLNG1”). Th...
2019-04-19 11:14:46
Excelerate and Equinor perform First STS bunkering [Shipping]
On February 7, 2019, Excelerate Energy L.P. (Excelerate) and Equinor Energy AS (Equinor) completed the first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in The Bahamas. Utilizing Excelerate’s floating storage regasification ...
2019-04-19 10:58:59
Newest Aframaxes make maiden LNG bunkering [Shipping]
AET announced that its first LNG dual-fuel sister Aframaxes, Eagle Brasilia and Eagle Bintulu, successfully completed their first ship-to-ship (STS) LNG bunkering at the Port of Rotterdam (POR), earlier this month. The latest in AET’s eco-frien...
2019-04-19 10:17:40
DNV GL grants cert for Arkona OWF [Offshore]
DNV GL announced that it awarded the Arkona Offshore Wind Farm with the project certificate. The certification was carried out according to the German Federal Maritime and Hydrographic Agency (BSH – Bundesamt für Seeschifffahrt und Hydrographi...
2019-04-19 08:33:12
Keppel secures integration and upgrading contracts [Offshore]
Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel Shipyard Ltd (Keppel Shipyard) and Keppel FELS Limited (Keppel FELS), secured integration and upgrading contracts worth a combined value of about ...
2019-04-19 08:32:26
COOEC-Fluor completes module for Dongfang Fields [Offshore]
Fluor Corporation (NYSE: FLR) announced that its joint venture COOEC-Fluor Heavy Industries Co., Ltd. (COOEC-Fluor) fabrication yard has completed the central and wellhead platforms for CNOOC’s Dongfang 13-2 Gas Fields Development Project. T...
2019-04-19 08:31:37
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