CMA CGM Wins Award for Most Accomplished Asia Pacific Ship Owner
The CMA CGM Group has been awarded the Most Accomplished Asia Pacific Ship Owner Award 2018 at the Maritime2020 Summit, which was held in Singapore on November 27…
Azerbaijan Shipping to Fight Environmental Pollution
Azerbaijan Caspian Shipping Company (ASCO) said that environmental protection ihas been one of its main criteria of sustainable development.The Azerbaijani shipping…
Singapore Hosts ASEAN Ports Association Meeting
The Maritime and Port Authority of Singapore (MPA) has hosted the 44th ASEAN Ports Association (APA) Meeting on 27 and 28 November 2018. The annual meeting was officially…
Hutchison Ports Thailand Welcomes M.V. ONE Columba's Maiden Call
Hutchison Ports Thailand (HPT) recently welcomed M.V. ONE Columba, the largest vessel to ever call Terminal D at Laem Chabang Port. HPT’s new Terminal D played host…
IMO Provides Fellowships for Women in Ports
International Maritime Organization (IMO) has provided fellowships to ten female officials attending a Port Senior Management Programme held at the Galilee International…
FuelTrax Launches FuelNet Gen-5
In the era where information is central to helping vessel operators save money, FuelNet is designed to be is the most powerful fuel data processing network in the industry. Operating hand-in-hand with FuelTrax, using extensive real-time data stored in its fully secure web portal, FuelNet enables vessel owners to customize their reporting data and make fleet-wide efficiency savings.Since its launch 13 years ago…
Inside the LNG Shipbuilding Boom
South Korean shipyards have seemingly boxed out rivals from the market for building large ships carrying liquefied natural gas (LNG), winning all of the orders for the next three years worth more than $9 billion.Three South Korean yards - Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries and Samsung Heavy Industries - have won the more than 50 orders placed for new large-scale LNG tankers for delivery in the next three years…
Floating Wind Turbine Installed at Kincardine
Contracted by the Spanish construction group Cobra, Bourbon Subsea Services completed the installation of the first wind turbine at Cobra Wind’s Kincardine site, Scotland, off the coast of Aberdeen this summer.For Bourbon Subsea Services the delivery of the operational scope included towing the floater to Dundee, prelaying the four-leg mooring system and installing the fully assembled wind turbine on site…
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 GTMaritime’s 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 email…
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 Honningsvag…
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 points…
Ørsted Completes Divestment in Hornsea 1 Offshore Wind Farm
Danish offshore wind farm developer Orsted A/S has completed the divestment of 50% of the Hornsea 1 Offshore Wind Farm to Global Infrastructure Partners (GIP).Three months ago…
Fred. Olsen Windcarrier Installs 400th Wind Turbine
Denmark-based offshore wind farms service provider Fred. Olsen Windcarrier has marked a milestone in offshore wind turbine installation as it installed the 400th…
Tank Storage Association Cautious on EU's Approval of Brexit
European Union (EU) leaders approved the agreement on the UK’s withdrawal and future relations with the EU.Tank Storage Association (TSA) recognises that the agreement…
GTT Wins Tank Design Order of a New LNG Carrier
French specialist in liquified natural gas (LNG) containment systems Gaztransport & Technigaz (GTT) has received a new order notification from a Korean shipyard for the tank design of a new 174…
Skangas Becomes Gasum
Skangas, the leading Scandinavian distributor and producer of small-scale LNG, said it is changing its name to that of its owner, Gasum.The Finland-based integrated…
TEN Finds Work for Suezmax Tanker
Tsakos Energy Navigation (TEN) has announced the charter with profit sharing provisions of one suezmax tanker for 18 months to a major oil concern.The Greek shipping…
UK Ambassador Visits Energean's Offshore Facilities
United Kingdom Ambassador to Greece Ms. Katherine Smith visited Energean offshore drilling facilities at Prinos.The Delegation of the British Embassy toured by boat…
