Jan De Nul Group has signed a contract with Keppel Singmarine for the construction of a 6.000m³ trailing suction hopper dredger (TSHD), bringing the current newbuilding order at the shipyard to four hoppers. An option for a fifth hopper dredger has been provided in the contract, Jan De Nul said. The
China, world’s largest energy consumer, boosted its imports of the chilled fuel in April by 15.6 percent year-on-year. China’s LNG imports rose to 2.17 million mt last month, according to the data by the General Administration of Customs. In the first four months of the year, China imported 9.96 mil
In line with its fleet renewal strategy, Norwegian shipping and tank terminal company Odfjell informed it has bought M/T Argent Eyebright, a Handy chemical tanker. The 33,600 dwt ship was purchased from Singapore-based MOL Chemical Tankers, VesselsValue’s data shows. As disclosed, Argent Eyebright h
Coralius, the first European-built LNG bunker and distribution vessel, was named on Monday, May 22. The vessel was commissioned by owners Anthony Veder and Sirius Shipping in 2015 and was built by Royal Bodewes. This new vessel will offer LNG bunkering services for Skangas, a subsidiary of Gasum, ma
The first European-built LNG bunker and distribution vessel, Coralius, was named on Monday, May 22.
Delaware Department of Natural Resources and Environmental Control (DNREC) has just released the latest video update from Mispillion Harbor Restoration Project. This new video offers a look at ongoing beach restoration work to restore and protect vital wildlife habitat along the shoreline at Mispill
The 2017 Avalon beach fill project will finish ahead of schedule and be completed in advance of Memorial Day weekend. According to Avalon Borough, nearly one million cubic yards of sand has been placed on the north Avalon beachfront in advance of Memorial Day weekend, and hurricane season which begi
Greek owner and operator of drybulk and container vessels Navios Maritime Partners suffered a net loss of USD 5.7 million in the first quarter of this year, compared to a profit of USD 0.2 million posted in the same period of 2016. Revenue for the quarter dropped to USD 42.4 million from USD 45.6 mi
Svitzer, part of the Maersk Group, has ordered four ASD tugs from Sanmar Shipyards to service the recently awarded TMSA, Tanger Med 2 Port contract in the Kingdom of Morocco. As reported earlier, Svitzer won a 20-year concession to provide terminal towage services to the Tanger Med 2. The contract h
Royal Dutch Shell informed that the deep-water production has started at the FPSO P-66, located in the Brazilian pre-salt Santos Basin. Positioned in 2,150-meter water depth, the P-66 can process up to 150,000 barrels of oil and 6 million cubic meters of natural gas per day. The unit is the first in
Sevan Marine, a Norwegian provider of cylinder platform design, narrowed its net loss during the first quarter of 2017 despite decrease in revenues. The company on Tuesday posted a net loss of NOK 14.4 million for the first quarter 2017 compared to NOK 96.6 million in the prior-year quarter. Operati
Hong Kong-based dry bulk specialist Jinhui Shipping and Transportation Limited recorded a net loss of USD 7.97 million in the first quarter of 2017 as compared to a net loss of USD 18.5 million in the first quarter of 2016, as time charter equivalent rates more than doubled and the company’s shippin
Kosmos Energy said the funds affiliated with The Blackstone Group and Warburg Pincus are selling a total of 40 million Kosmos’ shares through a public offering.
Beatrice Offshore Windfarm Limited (BOWL) has started the first stage of export cable works for the Beatrice offshore wind farm at Portgordon near Buckie, as it plans to install the export cables beneath Portgordon Beach.
