Ultra Petroleum Appoints David Honeyfield as CFO
Ultra Petroleum informed that David Honeyfield has been appointed to serve as CFO of the gas producer with assets in Wyomingās Green River Basin.A press releaseā¦
API Enhances Offshore Safety Standard
The American Petroleum Institute (API) released its newest valve standard as part of the industryās continuous efforts to improve operational safety and environmentalā¦
Ørsted Concludes Deepwater Wind Acquisition
Danish wind energy giant Orsted completed its previously announced takeover of Deepwater Wind from D.E. Shaw group in a deal valued at $510 million.The company closedā¦
New York Seeks 800 MW Offshore Wind
Newly re-elected Governor Andrew M. Cuomo issued a comprehensive solicitation seeking 800 megawatts or more of new offshore wind projects for New York.Accordingā¦
Eni CEO Claudio Descalzi Meets Angola's president
Eni president Claudio Descalzi has met Angola's president Joao Goncalves Lourenco in Luanda to discuss the Italian energy giant's operations in the country.Duringā¦
Norwegian Cruise Line Profits Up
Miami-based Norwegian Cruise Line Holdings reported third-quarter ended September 30, 2018 profit of $470.4 million compared to $400.7 million in the prior year.
UK: Enough Oil and Gas Reserves for the Next 20 Years
The UK has enough oil reserves to sustain production for the next 20 years and beyond, new figures indicate.A report published by the UK Government suggests thatā¦
Higher US Export, Lower Fleet Growth Aid LPG Exports
The Middle East is the most active export market of LPG exports on very large gas carriers(VLGC), said Norway-based LPG shipping firm Avance Gas.Oslo-listed Avanceā¦
Norwegian Breakaway Debuts as Largest-ever Homeporting Ship
Norwegian Cruise Line, the innovator in global cruise travel, returns to New Orleans introducing Norwegian Breakaway to the Big Easy with five to 11-day cruises to the Caribbean.
Paolo d'Amico Takes Over as d'Amico International Shipping CEO
Product tanker carrier dāAmico International Shipping (DIS) has appointed current D'Amico group chairman Paolo d'Amico as new CEO.The D'Amico group's listed productā¦
BAM International Begins Kitimat Wharf Contract
The Hague-based BAM International, together with JJM Construction (Canada) and Manson Construction (USA), has received the full order to build the new Rio Tintoā¦
MOL Enables Vessel View VR on VLCC Suzukasan
Japanese logistics major Mitsui O.S.K. Lines (MOL) has announced the introduction of the Vessel View VR, a virtual reality system that allows for virtual visitsā¦
Hapag-Lloyd Profit Doubles
German shipping company Hapag-Lloyd AG more than doubled its bottom line in the third quarter compared to the same period last year on account of booking lower interestā¦
Port of Rotterdam Wins ESPO Award 2018
The largest port in Europe the Port of Rotterdam Authority has been awarded the European Sea Ports Organisation (ESPO) Award 2018.The award was made in recognitionā¦
Solstad Tallies Equinor Contracts
Norwegian owner Solstad Offshore ASA informs it has been awarded a contract from Equinor for the two-year charter of the 2005-built platform supply vessel (PSV) Normand Skipper, and an extension for the 2013-built PSV Sea Falcon, for work in the U.K.The 92-meter Normand Skipper will commence in November or December 2018, Solstad said. The contract with Equinor UK Limited includes up to two years of options after the initial firm period.In additionā¦
Baltic Index Losing Streak Continues as Capesize Rates Drag
The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, fell for the eighth consecutive session on Thursday, pressured by weakness in the capesize segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 73 points, or 5.6 percent, to 1,231 points, its lowest since June 4.The capesize index declined for the seventh straight sessionā¦
Federal Charges for Captain of Deadly Missouri Duck Boat
The captain of the World War Two-style tourist "duck boat" that sank on a Missouri lake during a storm in July killing 17 people was charged on Thursday with misconduct, negligence and inattention to duty by a federal grand jury, prosecutors said.Kenneth Scott McKee, 51, of Verona, Missouri, was charged in a 17-count indictment, one count for each of the passengers who died when the vessel sank on July 19.McKee was captain of the vessel operated by Ripley Entertainment Incā¦
NBBB to Build Four Foss Tractor Tugs
Foss Maritime of Seattle has entered into contract with Nichols Brothers Boat Builders (NBBB) of Freeland, Wash. for the construction of four new 90-ton bollard pull tractor tugs, with an option for six additional tugs to follow. The contract marks the first between Foss Maritime and Nichols Brothers Boat Builders.Foss has selected a design by Jensen Maritime Consultants of Seattle. The 100ā x 40āā¦
Reach Charters Topaz Tiamat
Norwegian based Reach Subsea said it has entered an agreement with Dubai headquartered Topaz Energy and Marine to charter newbuild light subsea construction vessel Topaz Tiamat for 2.5 years, plus three one-year options.The Norwegian-built vessel will be deployed under a cooperation agreement between Reach and Sweden's MMT. The team has been awarded several frame agreements for survey; inspection, maintenance and repairā¦
Aircraft Carrier Charles de Gaulle Refit Completed
The sole prime contractor for the entire mid-life refit of the Charles de Gaulle aircraft carrier, Naval Group, said it has returned the vessel to the French Navy. The vessel will now start ramping up its systems before returning to its operational cycle.Designed and built by Naval Group and entering service in 2001, the Charles de Gaulle aircraft carrier, further to its modernization, has now entered the technological era of the 21st century.
