Danish product tanker company TORM announced on Thursday it has entered into a deal to purchase a pair of LR2 tankers from Chinese state-owned builder Guangzhou Shipyard International (GSI) for expected delivery in the fourth quarter of 2021.TORM, which currently has 29 GSI vessels in its fleet
A containership lost steering off the coast of Mozambique on Monday after its crew put out an engine room fire on board the 680-foot vessel.Towage operator KOTUG International said two of its vessels responded after picking up a mayday call from the Marshall-Islands-flagged Em Oinousses, approximately 50 miles off the coast of Nacala, Mozambique, while en route from Maputo, Mozambique to Mombasa
As the demand for goods continues to rise, the need to move a higher number of containers quicker and more efficiently is also increasing with this. As a result, port operators are proactively seeking new ways to boost productivity, all while reducing costs to meet this demand.The emergence of the Industrial Internet of Things (IIoT) is a significant factor in convincing ports to adopt new
Yokohama-based Mitsubishi Shipbuilding Co has launched a cargo-passenger ship currently under construction for Tokai Kisen Co., Ltd.The new vessel will inherit the name Salvia Maru, replacing the second ship bearing the name that is currently operated by the company.The formal christening was conducted by Tokai Kisen President Junichi Yamazaki
Swedish shipping company Terntank has placed orders for two hybrid tankers, which run on liquefied biogas (LBG) and liquefied natural gas (LNG), at China’s AVIC Dingheng Shipbuilding with an option for two more vessels.The 15,000 dwt new-builds with hybrid battery system and on-shore power are designed by Kongsberg (ex Rolls-Royce) and they will be in operation in the Baltic Sea and the North
Prime Minister Boris Johnson has announced that work will commence before the end of the year on the first of a series of new Type 31 frigates as part of the UK Government’s planned expansion of the Royal Navy fleet over the next 20 years. The new ships will replace Type 23 frigates currently in service and the construction of the first of these will be completed by 2023.The £1.
Crowley Fuels has signed construction contracts to build a 55,000-barrel, articulated tug-barge (ATB) that is specifically designed to serve the Western Alaska market with delivery of clean fuel products.The 410-foot ATB will have enhanced performance features for the demanding river and sea conditions of Western Alaska
Seacor Holdings Announces Acquisition of Joint Venture Partner’s Interest in Sea-Vista.SEACOR Holdings Inc. announced that it has become the sole owner of its consolidated SEA-Vista joint venture, acquiring through a subsidiary the 49% interest that had been owned by an affiliate of Avista Capital Partners (the “Seller”).
The deepwater drilling contractor Seadrill said that its contract backlog, as of May 23, 2019, totaled approximately $1.9 billion.The drilling services provider said it has added $130 million of additional backlog from March, including the AOD I award of a three year follow on contract with Saudi Aramco keeping the unit employed until June 2022, which adds approximately $82 million in backlog.
Norwegian energy services provider Aibel AS and a unit of Singaporean conglomerate Keppel Corporation have jointly won a contract to deliver two converter stations as part of the DolWin cluster servicing German offshore wind farms.The grid operator TenneT Offshore has tasked Aibel and Keppel O&M, a unit of Keppel Corp, with the design, engineering, procurement, construction
Norwegian shipbuilder Ulstein has launched the world’s largest plug-in hybrid ship at its Ulstein Verft.The vessel is now undergoing completion work prior to her delivery this summer.Present at Ulstein Verft at this Sunday launch was the site team from Color Line, all anticipating to see the ship in her right element.
Data sharing and better understanding of how marine life interacts with manmade structures is the target for the next phase of the Insite program.What to do with offshore structures is a sticky problem for oil companies, regulators and policy makers alike, as many structures are starting to cease production in the North Sea, where some fields have been producing oil and gas since the early 1970s.