Japan’s Nippon Yusen Kaisha (NYK), one of the largest shipping companies in the world, said it aims to invest JPY530bn (approximately $5.13bn) in LNG and the offshore business over the next five years. NYK said in the company’s new medium-term management plan that it “realizes strong business portfo
Seatronics Pte Ltd, an Acteon company, has purchased Kongsberg Mesotech Ltd’s M3 Sonar System to add to its Asia Pacific rental fleet. The purchase is part of an ongoing investment by Seatronics into cutting-edge technology to support its global marine equipment rental fleet growth and marks a signi
Two Qatari LNG cargoes have been scheduled for delivery this week to the UK’s South Hook LNG terminal. The 266,000 cbm Rasheeda is expected to arrive at the South Hook terminal on April 3, while the 266,000 cbm Mozah is due to arrive at the terminal on April 6, according to the Milford Haven Port [&
The 38th Formation Day of Dredging Corporation of India Limited (DCI) was celebrated on Saturday night at Port Kalavani Auditorium. Capt. D. K.Mohanty, CMD, DCI cut the cake and addressed the employees, families and stake holders. In his speech he highlighted various progresses made by the Corporati
This month, Maritime Craft Services (MCS) took delivery of a new Damen Shoalbuster 2609. Damen has delivered numerous Crew Transfer Vessels, Multicats, and Shoalbusters to MCS – the two companies have a long-standing relationship. What is notable, however, about this latest delivery is the incredibl
Golar LNG Partners said that it has completed its acquisition of the company that owns and operates the FSRU Golar Igloo from Golar LNG Limited for a purchase price of approximately $310 million. The company financed the purchase price by the assumption of outstanding debt obligations in respect of
GTT North America, a U.S. subsidiary of France’s GTT, has received approval in principle from ABS for the design of a 2,200 cubic meter LNG bunker barge. The design incorporates GTT’s membrane Cargo Containment System (CCS), which is utilized in 70% of the global LNG carrier fleet and nearly 90% of
Excelerate Energy celebrated the naming ceremony for its newest floating storage and regasification unit (FSRU) “Experience” at Daewoo Shipbuilding & Marine Engineering’s (DSME) Okpo Shipyard, Korea. The Experience, constructed to provide long-term service for Brazil’s Petrobras, is the largest and
ABB said it has won an order to supply power and propulsion equipment for the first of 16 LNG tankers which will serve Russia’s Yamal LNG project. The contract has an additional option for the supply of equipment for another 15 vessels. The scope of supply by ABB will include generators, switchboard
Peru LNG shipped a cargo of liquefied natural gas to Mexico on Tuesday. The cargo is being hauled by the 173,400 cubic-meter Sevilla Knutsen, operated by Knutsen OAS Shipping, and it is due to arrive at the Manzanillo LNG terminal on March 31, according to shipping data. The 500,000 Mc/d Manzanillo
At the end of February, the Training Institute for Dredging (TID) successfully conducted a three-day training program for the Transnet National Ports Authority (TNPA) in Durban, South Africa. The program’s main focus was to provide harbour masters with valuable insights into the fundamentals of dred
Qatargas delivered the first LNG cargo to Singapore onboard the 266,000 cbm Umm Slal in March last year. The Singapore LNG terminal, owned and operated by Singapore LNG Corporation, began operations in May 2013 with two storage tanks and an initial throughput capacity of 3.5 million tonnes per annum
The U.S. Army Corps of Engineers, New York District, is placing roughly 3.5 million cubic yards of sand along Rockaway Beach from Beach 19th to Beach 149th to replace sand lost during Hurricane Sandy. This work will restore the beach to its design profile – making it better than it was before Sandy’
Belgium’s Zeebrugge liquefied natural gas terminal is expected to receive a cargo of LNG from Qatar onboard the 145,602 cbm Milaha Qatar on April 9, according to port data. Fluxys of Belgium, the operator of the Zeebrugge LNG terminal, said that 37 LNG carriers unloaded at Zeebrugge in 2013, compare
