US-based tanker shipping company International Seaways (INSW) has completed the acquisition of six 300,000 dwt very large crude carriers (VLCCs) from Euronav NV. The tanker company providing energy transportation services for crude oil, petroleum products and liquefied natural gas announced in a press release that it has completed its previously announced acquisition of six 300
Gladding-Hearn Shipbuilding, Duclos Corporation, delivered again for New York City-based Circle Line Sightseeing Cruises, Inc., this the sixth 165-ft., 599-passenger sightseeing vessels. Designed by DeJong and Lebet, N.A. and builf from steel, the 165 x 34 x 12.8 ft. vessel has a top speed of 14 knots powered by twin Cummins QSK-38M1 diesel engines delivering a total of 2600 hp and connected to
The government of Trinidad and Tobago (T&T) has entered into an agreement with energy giantsShell and BP over gas pricing and LNG activities.According to local media reports, the agreement involves new pricing arrangements, the extension of the Atlantic LNG Train 1 by a further five years
Athens-based shipowner Diana Shipping announced the commencement of a tender offer to purchase up to 4,166,666 shares, or about 3.86%, of its outstanding common stock using funds available from cash and cash equivalents at a price of US$3.60 per share.The global shipping company specializing in the ownership of dry bulk vessels informed in a stock exchange annoucement that the tender offer will
Kistler has introduced what it says is world’s first high temperature accelerometer for the monitoring of gas turbines. Designed for long-term use at up to 700° C, the piezoelectric sensor – made in Switzerland – is not pyroelectric and does not show any popcorn effect, offering manufacturers and operators of gas turbines new options for monitoring the combustion stability.
Belgium Naval & Robotics has launched an industrial offer anchored in Belgium to respond to a call for tenders issued by the Belgian and Dutch navies for the supply of 12 mine hunters.Belgium Naval & Robotics offers the Belgian Navy a solution whose prime contractor is in Brussels and involves many local players spread throughout the country.
40 years ago, on September 13th, 1978, Jacques R. Saadé launched the first maritime line between Marseilles and Beirut, with only one ship and 4 employees. The day marked the beginning of an extraordinary humane and entrepreneurial adventure, said a press release.According to the statement, 40 years later, CMA CGM has become a recognized world leader, with 34