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Diana Shipping announces the acquisition of nine Ultramax dry bulk vessels from Sea Trade
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, has agreed, through separate wholly-owned subsidiaries, to acquire nine modern ultramax dry bulk vessels built between 2015 and 2018, with an average vessel age of approximately 5.4 years, from Sea Trade Holdings…
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Restart of production from the Tyra field delayed to the winter season 2023/24
First gas from the redeveloped Tyra field will be delayed to the winter season 2023/24 due to manufacturing and supply chain disruptions. Since the investment decision in 2017 to redevelop the Tyra field, the complex megaproject has been progressed with activities in the Danish North Sea and at construction yards…
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Maersk Drilling awarded two-month extension with TotalEnergies offshore Denmark
TotalEnergies EP Denmark A/S has exercised an option to add two months to the accommodation services work scope for the jack-up rig Maersk Interceptor in the Danish North Sea. The contract extension will commence in November 2022, in direct continuation of the rig’s current contract. Two two-month options remain on…
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MAN, Stena Teknik and Proman sign MoU to retrofit MAN 48/60 engines
The retrofitting will enable engines to perform dual-fuel, diesel and methanol operations. MAN Energy Solutions has signed a memorandum of understanding (MoU) with Proman and Stena Teknik to retrofit MAN 48/60 engines. As part of the agreement, the three companies will work together to make MAN 48/60 engines capable of…
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Drydocks World-Dubai and Silverstream partner for maritime decarbonisation ( Video )
Drydocks World-Dubai will install the Silverstream System, an air lubrication technology, on retrofit projects. DP World subsidiary Drydocks World-Dubai has announced a strategic agreement with UK-based Silverstream Technologies to drive maritime decarbonisation in the Middle East. Under the agreement, the companies will promote the use of air lubrication technology in…
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MOL Signs Deal to Build 2nd Bulk Carrier Equipped with ‘Wind Challenger’ Hard Sail System
Reducing Environmental Impact by Using Wind as Vessel’s Propulsive Force TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) (Aug10) announced its intent to equip a second bulk carrier with the “Wind Challenger” (Note 1) hard sail system, which harnesses the power of wind to propel the vessel. MOL Group company MOL Drybulk Ltd.…
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Performance Team – a Maersk Company announces new cold chain facility in South Carolina
Investment will add more capacity to improve cold chain efficiency and enhance supply chain competitiveness. El Segundo, California USA: Performance Team – A Maersk Company has announced a new cold storage facility planned for Ridgeville, South Carolina to serve temperature-controlled goods, opening in Q1 2023. The new facility will offer a strong…
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Hapag-Lloyd revenues up to EUR 17 billion in first half year of 2022
Global supply chains remain under significant pressure due to persistent capacity bottlenecks in ports and congested hinterland infrastructures Result significantly higher than prior-year period Transport volume at prior-year level Outlook upgraded based on current business performance Uncertainties remain due to the war in Ukraine and the COVID-19 pandemic Hapag-Lloyd has…
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