CMA CGM Initiates Global Energy Coalition
Rodolphe Saadé, Chairman and Chief Executive Officer of the French container transportation and shipping company CMA CGM Group recommended that French President…
AWT, Blount, Chartwell Sign Offshore Vessel Deal
U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs)…
Crew Transfer Vessel Delivered to Cape Preston
Ardea, a 20-meter catamaran crew transfer and support vessel, was delivered to Cape Preston in Western Australia earlier in 2019, Australian marine engineering design…
Njord A Lifeboats Feature Electric Propulsion
VIKING has secured a contract from Kværner AS to deliver three VIKING Norsafe E-GES 52 electric free-fall lifeboats and compatible davits, in a significant advance for electric propulsion. The contract, part of the upgrade of Equinor’s Njord A platform in the Norwegian Sea, initially called for diesel-powered lifeboats but has been amended to specify VIKING Norsafe E-GES 52 units based on performance…
U.S. Blacklists Six Oil Tankers in New Venezuela-Related Sanctions
The Trump administration on Tuesday blacklisted six oil tankers involved in the shipment of Venezuelan oil to Cuba, the latest in a series of sanctions aimed at pressuring Havana to abandon its support for socialist Venezuelan President Nicolas Maduro.Six vessels belonging to state-run oil company Petróleos de Venezuela SA, or PDVSA, were targeted, according to a statement from the U.S. Treasury Department."Cuba…
Ørsted Restructures Offshore Biz
The offshore wind giant Ørsted has introduced a new operating model for the Offshore business, to support the execution of its project pipeline and future growth."The…
Most Powerful Offshore Wind Turbine Erected
Swiss multinational equipment manufacturer Liebherr Group said that its cranes erected the prototype of what is currently the most powerful offshore wind turbine…
Grindrod Extends IVS Bulk JV
Singapore based shipowner and operator Grindrod Shipping announced a number of transactions relating to the extension of its IVS Bulk joint venture, implementation…
Yamal LNG Reaches Bangladesh
Novatek has announced the delivery of liquefied natural gas (LNG) cargo from Russia’s Yamal LNG project to Bangladesh in accordance with the long-term offtake agreement…
Van Oord, Hendrik in Lifting Equipment Deal
Dutch maritime contracting company Van Oord is partnering with compatriot company Hendrik Veder Group for the management of heavy lifting equipment for offshore…
Nexans Designs Power Umbilicals for OneSubsea
OneSubsea, the subsea technologies, production and processing systems division of Schlumberger, has contracted Nexans to design and supply two 120-km (75-mi) power…
Petronas in Game for a Third FLNG Unit
Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) would build a third floating liquefied natural gas (FLNG)unit if there’s a demand.Petronas is…
Qingdao Port Buys Stake in Cosco Abu Dhabi
China-based Qingdao Port International Development has agreed to purchase a 33% stake in COSCO Shipping Ports (Abu Dhabi), a deepwater terminal located in Khalifa Port…
Japanese Shipbuilding Giants to Merge
Japan's biggest shipbuilders Imabari Shipbuilding and Japan Marine United (JMU) have formalized their business alliance by agreeing to enter into a capital tie-up…
Singapore Raises Concern over HHI-DSME Deal
The Competition and Consumer Commission of Singapore (CCCS) has expressed concern about the agreement of fusion notified from the South Korean shipbuilding groups…
Simrad Intros HALO20+ Radar
Simrad Yachting, a member of the Navico family, has introduced SIMRAD HALO20+ and HALO20 Radars, a pair of compact, pulse compression radar units, designed for smaller…
Volvo Penta Powers Hybrid Scandinavian Ferries
Volvo Penta to power three hybrid and hybrid-ready ferries currently being built at GS Marine Production AS. GS Marine is currently building a new ferry for Faroe Island operator, Standfaraskip Landsins. This ferry will have a speed of 20 knots and be powered by two of Volvo Penta’s engines. The D13-700 IMO III engines have a power output of 515kW at 2,250 rpm and will be coupled with a Brunvoll hybrid control system – allowing the vessel to run on the engines or electric alone…
Wilhelmsen Launches 3D Printed Spares EAP
Wilhelmsen has launched an early adopter program for 3D printed marine spare parts. A strategic move by the six early adopters, Carnival Maritime, Thome Ship Management, OSM Maritime Group, Berge Bulk, Executive Ship Management and Wilhelmsen Ship Management have all signed up with Wilhelmsen’s Marine Products division to begin utilizing on-demand additive manufacturing.Wilhelmsen, in cooperation with Ivaldi Group…
Intellian names Tang as VP, Head of APAC
Intellian has appointed Mr. Cheng-Yu Tang as Vice President and Head of Asia-Pacific region, based in Hong Kong SAR, China. Cheng-Yu Tang, who has more than 20 years of experience in driving sustaining business growth and management leadership especially in satellite communications, maritime and aeronautical industry, will oversee Intellian’s entire APAC business including sales, technical support, business development and operations.
Diana Shipping Posts $1.8M Q3 Net Income
Diana Shipping reported net income of $1.8 million and net income attributed to common stockholders of $3 million for the third quarter of 2019. This compares to…
