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Business & Finance

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Scorpio Tankers Takes Product Tanker Fleet from Trafigura
Business & Finance

Scorpio Tankers Takes Product Tanker Fleet from Trafigura

The company agreed to acquire Trafigura subsidiaries, which have leasehold interests in 19 product tankers, for USD 803 million.

about 7 years ago
NYK to Build World’s Largest LNG-Powered PCTC
Business & Finance

NYK to Build World’s Largest LNG-Powered PCTC

Nippon Yusen Kaisha has placed an order for what it claims to be the world largest LNG-fueled PCTC.

about 7 years ago
Paita Port Dredging Gets OK
Business & Finance

Paita Port Dredging Gets OK

The National Port Authority (APN), a specialized body involved in promoting ports development programs in Peru, has officially approved the technical documents for an additional investment in the infrastructure works at the Paita Port Terminal. These works include a significant amount of dredging wo

about 7 years ago
MISC, Mitsubishi and NYK to Co-Own New LNG Carrier Duo
Business & Finance

MISC, Mitsubishi and NYK to Co-Own New LNG Carrier Duo

With a capacity of 174,000 cbm, the vessels will serve Diamond Gas International’s LNG carrier requirements.

about 7 years ago
Kraken to Establish Joint Venture Named Ocean Discovery
Business & Finance

Kraken to Establish Joint Venture Named Ocean Discovery

Kraken Robotics has announced plans to establish a joint venture with a company owned by Kraken board member, Larry Puddister, for the provision of subsea services. The joint venture will be called Ocean Discovery and will operate in Atlantic Canada. It is expected that a definitive agreement coveri

about 7 years ago
Hyundai Samho Wins Order for Crude Carrier Duo
Business & Finance

Hyundai Samho Wins Order for Crude Carrier Duo

Hyundai Samho Heavy Industries has secured a contract for the construction of two 158,000 dwt crude carriers.

about 7 years ago
McDermott bags Shwe platform FEED
Business & Finance

McDermott bags Shwe platform FEED

Offshore engineering and construction firm McDermott has received a front-end engineering design (FEED) contract for the Shwe Phase 3 gas field development, located offshore Myanmar.

about 7 years ago
Oil Leaking from Overturned Car Carrier near Brunswick
Business & Finance

Oil Leaking from Overturned Car Carrier near Brunswick

Skimming operations in Golden Ray’s engine room were started in order to allow access to the main fuel tanks.

about 7 years ago
Sonardyne Boosts Ormen Lange Seabed Monitoring
Business & Finance

Sonardyne Boosts Ormen Lange Seabed Monitoring

Norske Shell is launching a 10-year seabed subsidence monitoring campaign at its Ormen Lange gas field in the Norwegian Sea, using long-endurance sensors from subsea monitoring specialist Sonardyne. Norske Shell’s goal is to continuously monitor any movement of the seafloor at Ormen Lange. The data

about 7 years ago
MTCC Nets Hanimaadhoo Harbor Deal, Dredging Included
Business & Finance

MTCC Nets Hanimaadhoo Harbor Deal, Dredging Included

The Maldives Transport and Contracting Company (MTCC) has won a contract to upgrade H.Dh Hanimaadhoo Harbor, in the north of the Maldives. Zeeniya Ahmed Hameed, the Permanent Secretary of Planning, signed the agreement on behalf of the Government and the MTCC COO, Shahid Hussain Moosa, put his signa

about 7 years ago
Waves Group on Offshore Wind Duty in Taiwan
Business & Finance

Waves Group on Offshore Wind Duty in Taiwan

Waves Group is currently providing marine warranty surveyor services at the Formosa 1 Phase 2 offshore wind farm in Taiwan. The UK-based company is in charge of providing the marine warranty surveyor services for the installation of turbines, foundations, and infield and export cables. According to

about 7 years ago
Waves Group on Offshore Wind Duty in Taiwan
Business & Finance

Waves Group on Offshore Wind Duty in Taiwan

Waves Group is currently providing marine warranty surveyor services at the Formosa 1 Phase 2 offshore wind farm in Taiwan. The UK-based company is in charge of providing the marine warranty surveyor services for the installation of turbines, foundations, and infield and export cables. According to

about 7 years ago
Order Placed for ECO 300 Dredger
Business & Finance

Order Placed for ECO 300 Dredger

Dredge Yard has won a contract for the design and delivery of a customized cutter suction dredger ECO 300 to CDC Dredging L.L.C. – a company based in the UAE and mainly operating in the Gulf Cooperation Council (GCC). As reported, the company is purchasing the new dredger in order to participate in

about 7 years ago
Norsepower Secures Millions for Rotor Sail Solution
Business & Finance

Norsepower Secures Millions for Rotor Sail Solution

Norsepower has secured a USD 8.8 million investment that would support the expansion of its Rotor Sail technology.

about 7 years ago
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