SCHOTTEL Strengthens Presence in Nordic Region
As of November 2018, SCHOTTEL Norway AS and Frydenbø SCHOTTEL Nordic AS have been merged under SCHOTTEL Nordic AS. The German propulsion company is now able to provide both newbuilding advise and after sales services in the Nordic region. The company's headquarters for service products will continue to be located in Gardermoen, with workshop facilities for the overhaul of thrusters as well as warehousing.
GTMaritime Signs Agreement with Marinesat
GTMaritime has signed Marinesat as a value-added reseller to deliver its maritime-optimized communication solutions to vessels in China and other markets. The agreement with Marinesat is GTMaritimeās first partnership within the Chinese market.GTMaritime provides a range of technology solutions to the maritime industry that serve to enable effective communications over satellite, including maritime-optimized products for emailā¦
First Steel Cut for Karish and Tanin FPSO
Energean Oil and Gas announced that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, on Monday. The FPSO is scheduled to be delivered to the Karish field offshore Israel in late 2020, ahead of first production in the first quarter of 2021.The FPSO, which will be installed 90 kilometers offshore, will be the first FPSO to operate in the Eastern Mediterranean.
Yamal LNG Vessels to Make 150 Transfers in Norwegian Waters by Mid-2019
Northern Norway's small port of Honningsvag will host between 150 and 160 ship-to-ship transfers of liquefied natural gas (LNG) cargos from Russia's Yamal by mid-2019, the local council that owns the port told Reuters on Tuesday.The first transfer in Norwegian waters took place last week as part of Yamal operator Novatek's plan to free up its specialised ice-breaker LNG vessels, allowing them to return sooner to the plant to pick up more cargos.From Honningsvagā¦
Baltic Index Rises On Higher Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, gained for the fifth straight session on Tuesday, supported by higher rates for capesize and panamax vessels.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 122 points, or 10 percent, to 1,339 points.* The capesize index was up 21 percent, or 381 pointsā¦
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