Norwegian shipowner Knutsen Group has taken delivery of a newbuild LNG carrier that will go on a charter with Poland’s PGNiG Supply & Trading, a part of ORLEN Group. The vessel named Saint Barbara is the third in a series of six vessels that will be chartered to the Polish company, following Lech Ka
ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, has secured financing for its first two new-build jack-up rigs, set to work for Saudi Aramco. ARO has entered into a $359 million term loan with a syndicate of local Saudi Arabian banks to finance the deliveries. The proceeds will
Wind propulsion specialist Airseas announced that its latest sea trials have revealed projected fuel and emissions reductions of 16% based on a normalized transatlantic voyage. The projections are based on traction data collected during the validation of automated dynamic flights of the Seawing, whe
Chinese shipbuilder Hudong-Zhonghua has kicked off construction of a new LNG carrier for COSCO Shipping Energy and PetroChina, part of China National Petroleum Corporation (CNPC).
Lloyd’s Register (LR), the UK’s classification society, has been awarded a contract to class two methanol-ready commissioning service operations vessels (CSOVs) being built by VARD, a global designer and shipbuilder of specialized vessels, for North Star, the UK’s offshore infrastructure support ves
Hyundai Samho Heavy Industries (HSHI) has selected TMC Compressors (TMC) to deliver the marine compressed air system to six containerships that the shipbuilder is constructing for French shipping major CMA CGM.
European aerospace giant Airbus has selected French maritime firm Louis Dreyfus Armateurs (LDA) to renew its fleet of chartered vessels with three low-emission roll-on /roll-off vessels supported by wind-assisted propulsion. Airbus has commissioned LDA to build, own, and operate these new vessels th
Proman Stena Bulk, the joint venture (JV) between tanker company Stena Bulk and methanol producer Proman, has held a naming ceremony for its second methanol-fueled tanker. The naming ceremony for the 49,900 DWT tanker Stena Pro Marine was held at the port of New Orleans on October 24, 2023. Speaking
Neue Schleppdampfschiffsreederei Louis Meyer of Hamburg has placed an order with Damen Shipyards for one next-generation tugboat from ASD Tug 2111 class.
Finland’s National Bureau of Investigation (NBI) has clarified technically the cause of the Balticconnector gas pipeline damage, stating that the Newnew Polar Bear vessel, flying the flag of Hong Kong, is believed to have caused it. The NBI stated at a press conference on October 24 that it had made
Japanese Mitsui O.S.K. Lines (MOL) has inked a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA Co.
UK-based maritime service provider James Fisher has reportedly placed an order for up to four dual-fuel liquefied natural gas (LNG) tankers. The contract includes two firm orders plus options for two additional ships. The vessels will be constructed at China Merchants Jinling Shipyard (Yangzhou), Ch
Fincantieri Bay Shipbuilding hosted a christening ceremony on Tuesday in Sturgeon Bay, Wisconsin for the recently constructed LNG bunker barge Clean Everglades, marking the delivery of the vessel to its owner. The 5,500 cbm articulated tug barge was built for Jones Act-shipowner Seaside LNG as the d
Offshore drilling contractor Transocean has added approximately $745 million in new contracts to its incremental backlog by securing work for three of its drillships. In its quarterly fleet status report, Transocean said that the Dhirubhai Deepwater KG1 was awarded a 21-month contract in India at a
