Foss Joins FEMA's Hurricane Relief Operations
Foss Maritime Company said it has contracted with the U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) to support the relief and rebuilding efforts in Puerto Rico and the U.S. Virgin Islands following Hurricane Irma and Hurricane Maria. Three accommodation vessels are being utilized and will serve as floating hotels, providing safe housing and warm meals for responders. With these vessels, Foss will be able to help feed and temporarily house 729 people.
Two New Tugs for Abu Dhabi Ports
Abu Dhabi Port Company (ADPC) has purchased two newly built tugs from Sanmar shipyards of Turkey. The new Yenicay Class tugs, based on the same Robert Allan Ltd Rascal 1800 basic design-which are equipped with the latest technology and have a bollard pull power of 30 metric tons, will service both Mussafah Port and Zayed Port and complement Abu Dhabi Port’s existing advanced fleet. Management of these tugs falls under SAFEEN, ADPC’s marine services division.
Vitol Returns for $8 Bln Loan Refinancing
Geneva-headquartered energy and commodities trader Vitol has signed an US$8bn loan refinancing of credit facilities agreed in October 2016, the company announced on Wednesday.
Hunter Joins Bristol Harbor Group
John Hunter, P.E. has been hired by Bristol Harbor Group, Inc. (BHGI) as the firm's most recent addition to its naval architecture and marine engineering practice. Hunter joins BHGI as a Senior Naval Architect. He holds a B.S. in Naval Architecture and Marine Engineering from the University of Michigan located in Ann Arbor, Michigan. He is a licensed Professional Engineer in the State of Washington.
Offshore Rig Firms See End to Historic Downturn
Demand for offshore rig rental globally is starting to recover from its worst ever downturn, led by oil firms' growing demand for harsh-environment exploration and triggering multi-billion dollar tie-ups among drillers hoping to profit, executives said. While the 2014-2016 oil price crash caused firms to cut exploration budgets, ending a boom in rig demand and bankrupting many owners, energy companies are now seeking to replenish their hydrocarbon reserves.
Finnlines Sells Ro-pax Vessel to Grimaldi Group
Finnlines Plc said it has sold a 1999-built ro-pax vessel MS Finneagle to the Grimaldi Group. The 18-year-old MS Finneagle was chartered out to the Grimaldi Group from June 2017…
Drydocks World Takes on FPSO Aoka Mizu Projects
Drydocks World, a marine, onshore and offshore service provider to the oil, gas and renewable energy sectors, has signed an agreement for two new projects with Bluewater Energy Services B.V. and end client Hurricane Energy plc. Building on Drydocks World’s track record of 32 conversions and six turrets, the yard will now undertake a repair, life extension and upgrade project on Floating Production Storage & Offloading (FPSO) vessel Aoka Mizu…
H-Energy to Start West Coast LNG Terminal in May 2018
India's H-Energy Pvt Ltd, a unit of real estate group Hiranandani, will start operations at its liquefied natural gas (LNG) terminal in the western Maharashtra state by May 2018…
Wärtsilä to Acquire Puregas Solutions
Wärtsilä said it has reached a deal to acquire a Sweden based provider of turnkey biogas upgrading solutions, Puregas Solutions. The transaction is valued (enterprise…
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