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Sovcomflot secures funds for LNG carrier duo
News

Sovcomflot secures funds for LNG carrier duo

Russia’s largest shipping company Sovcomflot has secured $297 million ten-year credit facility with ING Bank, KfW IPEX-Bank and Crédit Agricole Corporate and Investment Bank to fund LNG carrier pair.

about 7 years ago
Turbine No. 18 Rising at Hohe See
News

Turbine No. 18 Rising at Hohe See

Wind turbine number 18 is currently being installed on the 497MW Hohe See wind farm in the German North Sea, Fred. Olsen Windcarrier said. Brave Tern has just finished installing its twelfth turbine, and Blue Tern is currently installing its sixth unit. The Siemens Gamesa 7MW wind turbines are being

about 7 years ago
ITF Stages Worldwide Rallies in Support of Australian Seafarers
News

ITF Stages Worldwide Rallies in Support of Australian Seafarers

Seafarers are demanding a strong Australian shipping industry.

about 7 years ago
WoodMac: IMO rules to cut LNG contract prices
News

WoodMac: IMO rules to cut LNG contract prices

Implementation of IMO 2020 regulation is just eight months away and its implications will be felt beyond refining and shipping.

about 7 years ago
DNO in capex boost. Earmarks $190M for North Sea ops
News

DNO in capex boost. Earmarks $190M for North Sea ops

Oil and gas company DNO focused on Kurdistan, and as of recently on the North Sea after buying Faroe Petroleum, is set to boost its capital expenditure to boost capital and exploration expenditure this year.

about 7 years ago
Antwerp, Porto do Açu Expand Ties with Inaugural Trans-Atlantic Ship Transit
News

Antwerp, Porto do Açu Expand Ties with Inaugural Trans-Atlantic Ship Transit

The first cargo was a gas turbine.

about 7 years ago
VV: Bulker Values Continue to Slide in 2019
News

VV: Bulker Values Continue to Slide in 2019

VesselsValue, ViaMar released forecasted asset values until 2022 for four major ship types.

about 7 years ago
Saudi Aramco, Equinor invest in blockchain-as-a-service solution
News

Saudi Aramco, Equinor invest in blockchain-as-a-service solution

Houston-based technology company Data Gumbo has completed a $6 million equity funding round for its blockchain-as-a-service platform.

about 7 years ago
Lithuania: Klaipeda LNG regas volumes soar in April
News

Lithuania: Klaipeda LNG regas volumes soar in April

Liquefied natural gas (LNG) regasification volumes at Lithuania’s first and only import terminal in the port of Klaipeda jumped in April.

about 7 years ago
Baker Hughes delivering subsea systems for Beach Energy’s Otway Basin project
News

Baker Hughes delivering subsea systems for Beach Energy’s Otway Basin project

Australian company Beach Energy has awarded Baker Hughes, a GE company a contract to supply subsea production systems for its Victorian Otway Basin development project located in offshore Victoria, Australia.

about 7 years ago
Seafarer Medevaced from d’Amico Tanker off San Francisco
News

Seafarer Medevaced from d’Amico Tanker off San Francisco

A USCG helicopter medevaced an injured man from an oil tanker off the coast of San Francisco.

about 7 years ago
Flex LNG to list shares on New York Stock Exchange
News

Flex LNG to list shares on New York Stock Exchange

Flex LNG has publicly filed a registration statement with the U.S. Securities and Exchange Commission for the proposed listing of shares on the New York Stock Exchange (NYSE).

about 7 years ago
Rotterdam, Guangzhou Become Sister Ports
News

Rotterdam, Guangzhou Become Sister Ports

On May 7, the Port of Rotterdam Authority and Guangzhou Port Authority signed a partnership agreement.

about 7 years ago
Tower pushes back Cameroon offshore drilling date
News

Tower pushes back Cameroon offshore drilling date

Oil company Tower Resources is delaying its Cameroon offshore drilling plans citing the need for further site preparation at the well location.

about 7 years ago
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