Offshore News
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News : Aug. Bolten and Nova Marine Carriers establish a joint venture company and plan to jointly operate a handysize drybulk pool
.Nova Marine Carriers and Aug. Bolten establish a new German-based asset holding company to own and operate geared bulkers Nova Marine’s vessels and cargo coverage will enhance the size and the quality of the handysize dry bulk pool handysize drybulk pool The joint venture partners will focus on joined asset…
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News : Klaipeda LNG Terminal Will Be Used By An Energy Giant
KN (AB Klaipėdos Nafta), the operator of oil and liquefied natural gas (LNG) terminals, has completed the annual procedure of allocating LNG terminal capacity for the new gas year. Customers, including the Norwegian energy company Equinor ASA, will use the pre-ordered 8.9 TWh LNG terminal regasification capacity during the gas…
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News : Euronav sells Suezmax Filikon
Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) has sold the Suezmax Filikon (2002 – 149,989 dwt) for USD 16.3 million. A capital gain on the sale of approximately USD 9.3 million will be recorded in the current quarter. The vessel has been delivered to her new owners on June…
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News : MODEC’s Bacalhau FPSO Project for offshore Brazil proceeds to EPCI Phase with FID by Equinor
MODEC, Inc. (MODEC) announced that on June 1, 2021, Equinor Brasil Energia Ltda, a subsidiary of Equinor ASA (Equinor), took its Final Investment Decision (FID) for a Floating Production Storage and Offloading (FPSO) vessel for the Bacalhau field offshore Brazil. Following a Sales and Purchase Agreement (SPA) for the FPSO…
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Breaking News : Eagle Bulk Shipping Inc. Acquires Two Modern Ultramax Bulk carriers
Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (Eagle Bulk), one of the world’s largest owner-operators within the Supramax / Ultramax dry bulk segment, on Wednesday (Jun 02) announced that it has purchased two high-specification 2015-built scrubber-fitted Ultramax bulk carriers for total consideration of USD 44 million. The vessels, which will be…
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Offshore : Kuwait Oil Tanker Company takes delivery of giant crude oil tanker Al-Siddeeq
Kuwait Oil Tanker Company has taken delivery of the giant crude oil tanker “Al-Siddeeq” from China’s shipbuilding company Bohai — signaling the first such cooperation between the country and Beijing. By adding Al-Siddeeq, the company’s fleet grew to 32 tankers of various sizes and purposes, KOTC CEO Abdulnasser Al-Fulaij said,…
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News : PGS and ION Successfully Complete Shell Egypt Survey with ELO Survey Design and Gemini Source Technology
PGS (OSE: PGS) and ION Geophysical Corporation (NYSE: IO) Tuesday (Jun01) announced the successful completion of a survey offshore Egypt acquired on behalf of Shell with an innovative Extended Long Offset (ELO) design in combination with ION’s Gemini™ source technology. This is the last in a string of PGS programs…
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Offshore : Siem Offshore Contracted TMC to retrofit compressed air system onboard the JOIDES Resolution
Siem Offshore has contracted TMC Compressors (TMC) to supply a new marine compressed air system to be retrofitted onboard the JOIDES Resolution research vessel. Under the contract, TMC will supply a complete marine compressed air system that consists of three large screw compressors plus refrigerant air dryers and filters to…
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Breaking News :Sakhalin Energy Offloaded the 2000th LNG Cargo Offloaded the 2000th LNG Cargo
On Saturday (May 29), the 2000th standard LNG cargo produced since the start-up of the first Russian LNG plant in 2009 was shipped to the Energy Advance gas carrier at the Prigorodnoye port. Roman Dashkov, Chief Executive Officer of Sakhalin Energy noted that this result unprecedented in the history of…
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