The UK’s Natural Environment Research Council (NERC) has closed its online poll to name the UK’s next world-class polar research ship that sprung one of the quirkiest names a vessel might be given, the Boaty McBoatface. The proposal has been given a major support from the social media and the name r
Litgas, part of the Lithuanian state-controlled Lietuvos Energija, on Monday said it has signed two letters of credit agreement totaling €154.7 million with SEB and Swedbank.
UK energy company Centrica will reduce its workforce by 3.000 people in 2016, as part of its cost cutting initiative. The company revealed the info in its trading statement on Monday when it said direct headcount was expected to reduce by around 3.000 in 2016 – reduction of around 800 in the first t
Containership scrapping is expected to intensify in 2016 as charter market demand for Panamax ships is bound to remain muted based on the recent forecast from Drewry. Drewry bases its argument on the rising demolition prices for scrapping which were kept pretty low throughout 2015. Hence, the amount
Oil major BP’s new floating production storage and offloading (FPSO) vessel Glen Lyon will have to wait some more before docking at Aibel’s yard in Haugesund in Western Norway. According to Haugalandnytt, a news website from Norway, the FPSO was scheduled to arrive at Haugesund during the weekend, b
Total gas sales volume by the Japanese utility Tokyo Gas dropped 0.7 percent during the fiscal year 2014, despite a recent increase in March sales.
PGS, a Norwegian marine geophysical company, has informed that its initial data volumes covering the North Sea plays relevant for the seventh Danish Licensing Round will be available in May and August 2016. Earlier in April, Denmark awarded sixteen new offshore licenses to twelve oil and gas explora
One crew member was shot and four were kidnapped from Indonesian flagged tug and barge on April 15 in the international waters between Malaysia and the Philippines, according to Indonesia’s Ministry of Foreign Affairs. The injured crew member was transported to Malaysia for treatment and is reported
The Ocean Tango car carrier ran aground on April 17th during a storm while docked at Yeong-gu area in Busan, South Korea, Yonhap news agency reports. As informed, the grounding caused the South Korean ship’s fuel tanks to rupture and spill an undisclosed amount of fuel. The local coast guard receive
Vroon Offshore Services, a Dutch offshore shipping company, has expanded its fleet with the VOS Star subsea support vessel. The 68-meter subsea support vessel is the second of two such vessels built at Fujian, China. According to Vroon, sister vessel, VOS Sugar, was delivered to Vroon earlier this y
Vroon has taken delivery of the second 68-meter subsea support vessel (SSV) ‘VOS Star’. The vessel was handed over to the company in a ceremony held at Fujian Southeast Shipbuilding in China on Wednesday April 13, 2016. VOS Star, is the second of the two newbuild SSVs that have been constructed at F
The fallpipe vessel Flintstone has departed Damen Shiprepair Amsterdam (DSAm) following a six-week programme of maintenance and repairs. The Flintstone, owned and operated by the Tideway group of companies, spent a total of 28 days in drydock at DSAm. According to the company, out of the many repair
New Guinea Energy (NGE), an Australian company that explores for oil and gas in Papua New Guinea, has made an investment in oil and gas exploration company, Karoon Gas Australia. The investment of circa $3.55 million, representing approximately 18% of the NGE’s net assets as at December 31, 2015, wa
Over the last weekend, Belgium’s GeoSea installed the final foundation at the 332MW Nordsee One offshore wind farm located approximately 40 kilometres north of the island of Juist in the German part of the North Sea. All 54 monopile foundations were also fitted with the associated transition pieces
