Authority explains IMO DCS to the industry [Shipping]
Korea Maritime Transportation Safety Authority (KOMSA) is holding seminars on IMO DCS regulations to prepare the industry about electronic reporting method about marine fuel consumption. IMO DCS requires ships over 5,000 tons to report annual fue...
2019-08-26 15:40:12
U.S. Ambassador visited HHI [Photo News]
Harry Harris, U.S. Ambassador to Korea, visited Hyundai Heavy Industries (HHI) to encourage the technological exchange and cooperation of two countries.   Ambassador Harris visited HHI Ulsan headquarters on August 26 along with Busan Consu...
2019-08-26 15:17:43
Frontline buys Trafigura tanker fleet [Shipbuilding]
John Fredriksen’s tanker operator Frontline signed a deal with Trafigura Maritime Logistics to acquire up to 14 cutting edge Suezmax tankers.   The contract gives Frontline a right to acquire ten scrubber-installed Suezmax tankers, which...
2019-08-26 15:14:23
Hoegh signs S&LB deal with CCBL of China [Offshore]
Hoegh LNG of Norway signed an S&LB contract with Chinese leasing firm China Construction Bank Financial Leasing (CCBL). The company also opened an office in Shanghai.   The leaseback period is believed to be 12 years, and other details...
2019-08-26 14:44:44
U.S. Ambassador visited HHI [General]
Harry Harris, U.S. Ambassador to Korea, visited Hyundai Heavy Industries (HHI) to encourage the technological exchange and cooperation of two countries.   Ambassador Harris visited HHI Ulsan headquarters on August 26 along with Busan Consu...
2019-08-26 14:14:41
ABB Azipod powers Norwegian Coast Guard’s KV Svalbard [Equipment]
Norwegian Coast Guard’s vessel KV Svalbard was on an international environmental research expedition when it became the first ever Azipod®-powered ship to reach the North Pole. With its superior performance in the harshest of ice conditions...
2019-08-26 10:24:48
Enova supporting pioneer project [Offshore]
Enova has approved an application for funding of up to NOK 2.3 billion to support the Hywind Tampen project for developing the world’s first floating offshore wind farm supplying renewable power to offshore oil and gas installations. Equinor a...
2019-08-26 08:46:46
TechnipFMC awarded iEPCI contract for Shell [Offshore]
TechnipFMC (NYSE: FTI) (Paris: FTI) has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the PowerNap project, located in the Gulf of Mexico. TechnipFMC will design,...
2019-08-26 08:46:14
LTHE won EPCI contract for Aramco [Offshore]
Consortium of L&T Hydrocarbon Engineering Limited (LTHE) and EMAS AMC PTE Ltd. (A Subsea7 Company) has been awarded a project by Saudi Aramco. This project consists of twenty eight offshore jackets in ZULUF, MARJAN, SFANIYA & RIBYAN offsh...
2019-08-26 08:45:05
Fincantieri Bay to build 5,400-cbm LNG barge [Shipbuilding]
NorthStar Midstream, a portfolio company of funds managed by Oaktree Capital Management, L.P., announced the formation of Polaris New Energy (“PNE”), a marine transportation company focused on the transportation and distribution of liquefied ...
2019-08-26 08:43:45
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