New LNG Carrier Delivered to FLEX LNG
Shipping company FLEX LNG said it has taken delivery of its latest newbuild, Flex Amber, from Hyundai Samho Heavy Industries in South Korea.Flex Amber is a large liquefied natural gas (LNG) carrier with 174,000 cubic meters of cargo space. The Marshall Islands-flagged ship is equipped with a highly efficient dual fuel slow speed two stroke engine (X-DF).The 297-meter Flex Amber is the sister vessel of Flex Aurora delivered on July 29…
NAT Secures Financing for Suezmax Newbuilds
Nordic American Tankers (NAT) told investors on Friday that it has lined up full financing for two new tankers on order from South Korea's Samsung Heavy Industries.
COVID-hit Bulk Carrier Leaves Australia
A Panama-flagged bulk carrier with a coronavirus outbreak on board has sailed from its anchorage off Port Hedland and is enroute to Manila, the Philippines.The clearance…
Baltic Index Posts Worst Week in Three Months
The Baltic Exchange's main sea freight index that tracks rates for ships carrying dry bulk commodities fell on Friday, registering its worst week in nearly three months, weighed down by weaker demand across vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 84 points, or 5.4%, at 1,477 points.The index, which fell for an eighth straight session, has lost more than 20% this week.The capesize index slipped 215 points,
Major Supply Contracts Awarded for Finland's New Warships
Finnish shipbuilder Rauma Marine Constructions (RMC) revealed it has entered into three major supply contracts worth over €100 million ($117.4 million) in total for the main equipment of Pohjanmaa Class multi-purpose corvettes commissioned by the Finnish Defense Forces.The most crucial contracts for the supply of critical main equipment with long delivery times were signed during spring and summer in highly unusual circumstances…
Environmental Protection Notation for Saudi Aramco's Offshore Vessel Fleet
Saudi oil giant Saudi Aramco plans to achieve the ABS ENVIRO notation for its 23-strong fleet of offshore support vessels, tugs, self-elevating units, and special purpose vessels.The notation identifies the level of compliance with international environmental protection requirements and integrates further ABS environmental protection requirements, ABS, one of the world's largest maritime classification companies said.The notation…
Offshore Wind Webinar: North American Opportunities and Challenges
Offshore wind has the potential to impact North America's entire offshore energy, maritime, ports and logistics value chain. An October 22 webinar presented by World Energy Reports, Ørsted and American Bureau of Shipping (ABS) will deliver insights on the current progress, future pace and direction of development in the offshore wind market in North America.When: October 22, 2020, 11:00 a.m. Eastern Time (U.S. and Canada)Register here.
Glencore to Send First Spot LNG Cargo to Zhoushan
Swiss-based global mining and commodities trader Glencore is set to send its first spot liquefied natural gas cargo to Zhoushan in eastern China in a trading joint venture with Zhejiang Energy Group, a top company trader said on Friday.Glencore's joint venture with Zhejiang, which is backed by the provincial government, dates from 2018, making it one of the few Western traders with such tie-ups in China…
Prelude FLNG Won't Restart in 2020
Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting…
