Finnish liquefied natural gas tank manufacturer LNGTainer has launched a new tank. The tank is ready for production, which will take place in Finland, according to LNGTainer. The company claims that its new gas containers have 15% more volume and utilize 30% less equipment by weight compared to norm
US liquefied natural gas (LNG) export player, NextDecade appointed Patrick Hughes as the company’s vice president of corporate strategy. In this position, Hughes will be responsible for corporate strategy and business development activities including acquisitions, divestitures, joint ventures, and s
Bibby Marine Services Limited held a naming ceremony for Bibby WaveMaster 1 in Rotterdam on Wednesday, 6 September.
The shipping industry may collectively need to spend around USD 100 billion in order to install the new ballast water treatment systems that will be required by law in order to become compliant with the Ballast Water Management (BWM) Convention that will enter into force on September 8, 2017. Esben
Danish ship owner KEM Offshore has won a long term contract to provide guard vessel services during the construction of EnBW’s Hohe See and Albatros offshore wind farms in the German North Sea.
Aberdeen-based Gulf Marine Services (GMS) UK Ltd has selected offshore engineering and technology company Osbit Ltd to deliver a boat landing and access system which will be fitted to a GMS jack-up accommodation vessel destined for DONG Energy’s Hornsea Project One wind farm.
Malaysian oil and gas company Petronas has confirmed that the Malaysian Anti-Corruption Commission (MACC) has arrested its employee for suspected graft. The arrest follows an internal investigation on the employee conducted by Petronas, which later reported the case to MACC, the company said in a st
A crew member of a crude oil tanker was taken hostage by five armed robbers who boarded the vessel on September 1 while anchored at Puerto La Cruz Anchorage, Venezuela. According to a report from IMB’s piracy reporting centre, the five robbers approached the tanker in a small fishing boat armed with
International law firm King & Spalding said it represented Japanese conglomerate Mitsui O.S.K. Lines (MOL) on its recent deal with Swan LNG for an import terminal to be developed in Gujarat, India. The LNG terminal will have a receiving capacity of 5 million mt per year and utilise a dual floating s
Norwegian authorities have received applications from 39 companies for new acreage in mature areas on the Norwegian continental shelf as part of the awards in pre-defined areas (APA 2017). This is six more than in last year’s round. The APA 2017 round, which included blocks in the North Sea, the Nor
Surging production lifted total Australian natural gas output to a record 3,770 petajoules in fiscal 2017, up 27% from the previous year, according to energy consultancy EnergyQuest. East coast LNG production and east coast domestic gas production both increased in the second quarter, up by 19.4% to
The Australian Council of Trade Unions (ACTU) and the Maritime Union of Australia (MUA) have launched a campaign aimed at “saving Australian shipping.” The campaign was triggered by the dwindling number of Aussie crews on Australian-flagged vessels and tankers in general. “Under the Abbott/Turnbull
Giant Japanese shipowner K Line and Kawasaki Kinkai Kisen Kaisha (K Line Kinkai) said Wednesday they will work on a joint study for what would be Japan’s first LNG-powered ferry. The passenger ferry will be owned by K Line Kinkai, and the study includes specifications, engine types and any related t
Around $6 billion worth of mergers and acquisitions in the UK oil and gas sector during the first half of the year sent a vote of confidence to a basin grappling with challenges of a major downturn, said Oil & Gas UK’s Economic Report 2017. The Economic Report 2017 was the trade body’s annual review
