First Galloper Monopiles Ready to Go First monopiles for the Galloper offshore wind farm have been loaded onto a barge and will soon be transported to the main installation vessel, according to Innogy’s social media pages. Block Island Wind Farm to Go Online with 4 Turbines Block Island Wind Farm, A
GasLog moving forward with FSRU conversion Monaco-based LNG shipper, GasLog on Monday said that Singapore’s Keppel shipyard begun ordering equipment required for the conversion of an LNG carrier to a floating storage and re-gasification unit. Picture of the day: Italy’s first U.S. LNG cargo Italy ha
The oil and gas market is making a turnaround on the back of the latest OPEC decision, and the exploration is expected to return to profitability in 2017 after five years of only single-digit returns.
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has turned a notification of order to Prosafe into a formal order as a result of the company not fixing irregularities found during an audit of the Safe Scandinavia tender support vessel (TSV) in September 2015. The Safe Scandinav
Houston-based LNG export player, Cheniere Energy said it has terminated the previously announced deal to buy Cheniere Energy Partners. Cheniere, which already holds an 80.1% stake in Cheniere Energy Partners, offered 0.5049 Cheniere shares for each share of Cheniere Energy Partners, representing a v
Singapore-based provider of offshore marine services Pacific Radiance has delayed a charter for one of its offshore construction support vessels, that is still under construction, by a year. In November 2014, the company’s joint venture with DOT Holdings, named DOT Radiance, secured a long-term char
Four out of five Rix Sea Shuttle crew transfer vessels will keep operating during the winter as they are contracted to work on major wind farm offshore wind projects in the UK. James Doyle, managing director of Rix Sea Shuttle, said: “Normally December is the quietest month by far with most of the c
Shipowners have been urged to implement additional security measures due to an increase in thefts aboard vessels anchored outside of Northern China’s ports during the winter months. Protection and indemnity (P&I) club, The Standard Club, said that months of December, January and February are the hig
The Asian Aframax market has been strengthening steadily and the rates are expected to continue firming on the back of increased cargoes, weather delays and a tighter tonnage list, John Hahn, CEO at Ocean Freight Exchange, said in a LinkedIn post. Namely, the rates for the Indonesia-Japan route were
After months of talks with creditors Norwegian offshore vessel owner Olympic Ship has received restructuring support. “The company is pleased to announce that the discussions have been successful and that the company has now obtained support for a financial restructuring of the Group from key stakeh
The previously announced merger between offshore vessel owners REM Offshore and Solstad’s Solship Invest has been completed. The merger between the two Norwegian companies was registered in the Norwegian Register of Business Enterprises on Friday, December 9, 2016. The merged company will have a fle
The Danish Maritime Authority (DMA) plans to take part in 2017 in a pilot project on the development and testing of a system that collects real-time data from various components on board ships and sends them to shore-based organizations. In practice, the solution consists of a number of sensors that
UK’s authorities have decided to move the burnt bulk carrier V Due to the Port of Liverpool, the country’s Maritime and Coastguard Agency (MCA) informed. The 2015-built bulker, which has a smoldering cargo in one of its holds, suffered a fire while it was at anchor off the east coast of the Isle of
American oil and gas services provider Helix Energy Solutions is still waiting for its 4-year well intervention contract with Petrobras for the vessel Siem Helix 1 to start after experiencing unexpected delays. At the Capital One Securities 11th Annual Energy Conference on Wednesday, Helix said that
