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GTT sees high level of orders in Q1 2023, revenues of €80 million
Business & Finance

GTT sees high level of orders in Q1 2023, revenues of €80 million

French LNG containment specialist GTT has announced its revenues for the first quarter of the 2023 financial year. It said that in Q1, it achieved revenues of €80 million and received a high level of orders, 25 LNG carriers and one FLNG. The delivery of LNG carriers is scheduled between the first qu

about 3 years ago
Nordic Winter rig; Source: Awilco
Authorities & Government

UK player ‘disappointed’ with ruling in first rig arbitration case, as Keppel shipyard wins

Awilco Drilling has expressed disappointment with the arbitration tribunal ruling in favour of Keppel shipyard.

about 3 years ago
Klaveness Combination Carriers KCC
Business & Finance

KCC links freight earnings to carbon reduction in shipping contract

KCC Chartering AS, a subsidiary of Klaveness Combination Carriers ASA and South32 Marketing Pte, a subsidiary of mining and metals company South32, have agreed to include a carbon pricing mechanism in their existing contract of affreightment (COA). In the six-year COA between KCCC and South32, annou

about 3 years ago
Alpha Gas welcomes newbuild 174,000 cbm LNG carrier
Business Developments & Projects

Alpha Gas welcomes newbuild 174,000 cbm LNG carrier

Greek ship management company Alpha Gas has taken delivery of its new LNG carrier from South Korean shipyard Hyundai Samho Heavy Industries (HSHI). With a cargo capacity of 174,000 cbm, the LNG carrier Energy Fidelity is the newest addition to Alpha Gas’ in-house commercial and technical management.

about 3 years ago
Berge Bulk, ABS to explore retrofitting bulker to run on methanol
Business Developments & Projects

Berge Bulk, ABS to explore retrofitting bulker to run on methanol

American classification society ABS and Singapore-based shipping company Berge Bulk (BB) have signed a joint development project (JDP) to evaluate the feasibility of converting a bulk vessel to methanol fuel propulsion.

about 3 years ago
MOU HMM, Lotte
Business Developments & Projects

HMM joins hands with LOTTE Fine Chemical on ammonia shipping

South Korean shipping major HMM has signed a Memorandum of Understanding (MoU) with compatriot specialty chemicals company LOTTE Fine Chemical for the marine transportation of ammonia. The MoU also covers the bunkering of ammonia and methanol fuel and comes after HMM made a major order for methanol-

about 3 years ago
FPSO Captain; Source: Ithaca Energy
Authorities & Government

UK oil & gas operators facing ‘biggest offshore stoppage in a generation,’ as offshore workers down tools

1,300 offshore workers will embark on a “historic” 48-hour stoppage on dozens of offshore platforms on the United Kingdom Continental Shelf.

about 3 years ago
DeepOcean's autonomous inspection drone set to hit the water
Business & Finance

DeepOcean’s autonomous inspection drone set to hit the water

DeepOcean has mobilized its first Autonomous Inspection Drone (AID), said to be able to unlock substantial cost savings for offshore wind and oil & gas operators. The project is a strategic partnership between DeepOcean, Argus Remote Systems and Vaarst, with industry guidance, support and funding fr

about 3 years ago
FueLNG names its newest LNG bunker vessel
Business Developments & Projects

FueLNG names its newest LNG bunker vessel

FueLNG, a joint venture between Keppel O&M and Shell Singapore Pte. Ltd., has named its newest LNG bunker vessel. The newest addition to FueLNG’s fleet was named FueLNG Venosa at a ceremony held on 21 April at Hyundai Mipo Dockyard in Ulsan, South Korea. Chartered from Korea Line LNG, the LNG bunker

about 3 years ago
CSM takes delivery of wind-assisted, LNG-ready tanker duo
Vessels

CSM takes delivery of wind-assisted, LNG-ready tanker duo

Ship management and maritime service provider Columbia Shipmanagement (CSM) has taken delivery of newbuilding vessels M/T Atrotos and M/T Anikitos, two 50,000 dwt, eco-friendly chemical/product MR tankers.

about 3 years ago
Stena Prosperous
Business Developments & Projects

Proman Stena Bulk makes waves with 1st barge-to-ship methanol bunkering on US Gulf Coast

Proman Stena Bulk, the joint venture between tanker company Stena Bulk and methanol producer Proman, has completed the first-ever barge-to-ship methanol bunkering on the US Gulf Coast. The JV tankers Stena Pro Marine and Stena Prosperous were refuelled with methanol via barge while discharging clean

about 3 years ago
Solitaire; Source: Allseas
Authorities & Government

Coast Guard medevacs another crew member from Allseas’ vessel

The U.S. Coast Guard has performed medevac of a crew member from one of Allseas’ vessels around 15 miles south of Port Fourchon, Louisiana.

about 3 years ago
Aize
Business & Finance

BP extends digital twin deal for its oil & gas assets in North Sea

BP has decided to extend the agreement to all five of its North Sea oil and gas assets with Aize, a digital twin software provider.

about 3 years ago
Van Oord: Spotlight on more sustainable fuels
Equipment

Van Oord: Spotlight on more sustainable fuels

Van Oord recently christened two new dual fuel trailing suction hopper dredgers, which are built to run on the more sustainable LNG. Now, Van Oord takes another big step towards implementing the fuels of the future. Five methanol engines are ready to power Van Oord’s offshore installation vessel Bor

about 3 years ago
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