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Qatar: Ras Laffan Loads Record Number of LNG Tankers in 2011
Business & Finance

Qatar: Ras Laffan Loads Record Number of LNG Tankers in 2011

A record number of LNG tankers have loaded in the Year 2011 in Ras Laffan Port and on 28th December 2011, the RasGas vessel ‘Simaisma’ became the 1000th LNG (Liquefied Natural Gas) tanker to arrive in the Port. The RasGas chartered vessel built by the Korean Daewoo shipyard and delivered in 2006 is

about 14 years ago
Noreco Completes Sale of Zidane-1 Gas Discovery (Norway)
Business & Finance

Noreco Completes Sale of Zidane-1 Gas Discovery (Norway)

Norwegian Energy Company (Noreco) has completed the sale of its interest in license PL435 on Haltenbanken, containing the gas discovery Zidane-1, to OMV (Norge) AS. The agreement to sell PL435 was announced in October this year. The price is NOK 180 million with effective date 1 January 2011. Noreco

about 14 years ago
Greece: TOP Ships Sells MV Pepito
Business & Finance

Greece: TOP Ships Sells MV Pepito

TOP Ships Inc. announces that it has sold the M/V PEPITO, a 75,928 dwt drybulk vessel built in 2001. The sale of the M/V PEPITO will result in a book loss of approximately $25 million. TOP Ships Inc. is an international maritime shipping company that provides transportation services for crude oil, p

about 14 years ago
Italy: Pershing Yachts to Launch Pershing 82 Superyacht in 2012
Business & Finance

Italy: Pershing Yachts to Launch Pershing 82 Superyacht in 2012

Pershing, brand of the Ferretti Group​, among the leading international manufacturers of high performance open motor yachts, from 15 to 35 m, will launch a new, highly anticipated project: Pershing 82′, a contemporary reinterpretation of its successful predecessor, Pershing 80′. Once launched, the v

about 14 years ago
Submarine Cable Linking Indonesia and Malaysia Becomes Operational
Business & Finance

Submarine Cable Linking Indonesia and Malaysia Becomes Operational

The Batam-Dumai-Melaka (BDM) high bandwidth optical fibre submarine cable system, directly connecting Malaysia and Indonesia, has been compl… (Bernama) [mappress] Source: Bernama , December 30, 2011

about 14 years ago
PSA Norway Inspects Teekay’s Knarr FPSO Barrier Management
Business & Finance

PSA Norway Inspects Teekay’s Knarr FPSO Barrier Management

During the periods 2-3 November and 15-17 November 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of Teekay Petrojarl’s (TKPJ’s) system for barrier management in connection with the design of Knarr FPSO. The objective of the audit was to follow up to ensure that TKPL has a ma

about 14 years ago
Shipping Corporation of India Delivers MV Devprayag to Its Buyer
Business & Finance

Shipping Corporation of India Delivers MV Devprayag to Its Buyer

The 47,349 DWT Handymax Bulk Carrier ‘mv Devprayag’, owned by the Shipping Corporation of India (SCI), has been sold. The buyer will undertake its physical delivery. The company had recently handed physical delivery of its bulk carrier ‘mv Rishikesh’, a Handymax Bulk Carrier built in 1986 with DWT 4

about 14 years ago
Intellocorp Partners with Danish Ship Owner Sea-Flex to Launch SeaPlan
Business & Finance

Intellocorp Partners with Danish Ship Owner Sea-Flex to Launch SeaPlan

Intellocorp LLC a Maritime Technology Company focused on business and process optimization in the Maritime industry is launching IntelloShip and SeaPlan in January 2012, together with its partner a Danish ship owner. IntelloShip and SeaPlan together give a better overview of the daily operations and

about 14 years ago
USA: BOEM Completes Draft EIS for Western and Central Gulf Areas
Business & Finance

USA: BOEM Completes Draft EIS for Western and Central Gulf Areas

The Bureau of Ocean Energy Management (BOEM) has completed a draft environmental impact statement regarding multiple oil and gas lease sales tentatively scheduled between 2012 and 2017 in the Western and Central Gulf of Mexico planning areas, offshore the states of Texas, Louisiana, Mississippi and

about 14 years ago
China: Rongsheng, CDB Ink Loan Agreement
Business & Finance

China: Rongsheng, CDB Ink Loan Agreement

China Rongsheng Heavy Industries Group Holdings Limited,signed agreement for a loan of US$ 100 million with China Development Bank (CDB) Hong Kong branch. This offshore US-dollar loan marks a milestone on the cooperation history between CDB and the Group. CDB Hong Kong Branch is the launch pad for C

about 14 years ago
China: Sand Dredging Causes Subsea Pipeline Leak in Zhuhai Terminal
Business & Finance

China: Sand Dredging Causes Subsea Pipeline Leak in Zhuhai Terminal

CNOOC reported that the leak in its natural gas pipeline in Zhuhai terminal was caused by the mechanical sand dredging. The broken part of the pipeline identified by divers revealed that it had been damaged by machinery, stated Gao Guangsheng, vice general manager of CNOOC’s Shenzhen branch. “Sand d

about 14 years ago
China: Yuexin Shipbuilding Starts with New AHTS Construction
Business & Finance

China: Yuexin Shipbuilding Starts with New AHTS Construction

Yuexin Shipbuilding has made an initial step for new AHTS Vessel construction recently with a keel-laying ceremony held in Yuexin shipyard, China. Appyling the design of KHIAM CHUAN MARINE Company, YX3156 measures 58.7m in length with a moulded breadth of 14.6m and a moulded depth of 5.5m. Maximum d

about 14 years ago
China: Yuexin Shipyard Starts Construction of New AHTS Vessel
Business & Finance

China: Yuexin Shipyard Starts Construction of New AHTS Vessel

Recently a keel-laying ceremony for 58.7m AHTS Vessel YX3156 was held in Yuexin shipyard. Applying the design of KHIAM CHUAN MARINE Company, YX3156 measures 58.7m in length with a molded breadth of 14.6m and a molded depth of 5.5m. Maximum draught is 4.5m. It can carry 42 men, 475 m3 fuel oil, 460 m

about 14 years ago
Norway: PSA Executes Audit of Engineering of Valemon Jacket
Business & Finance

Norway: PSA Executes Audit of Engineering of Valemon Jacket

On 7 and 8 December 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of Statoil in connection with the engineering of load-bearing structures on Valemon’s jacket. Objective The objective was, through spot checks, to ensure the engineering of the load-bearing structures is takin

about 14 years ago
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