Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas. Under the contract, Mammoet will be responsible for unloading, transportation
Leading tanker operator Euronav posted record high first-quarter results on Thursday and expects strong demand for oil storage at sea to continue in 2020, driving its shares up 8.5%.The world is still struggling with an oil glut due to a drop in demand caused by the coronavirus even after top oil producing countries have cut output.
Ferry operator Viking Line said Tuesday it will restart passenger service for essential travel after the Finnish government annouced plans to gradually ease some restrictions related to the coronavirus pandemic.Passenger service will be restricted to travel for work and other travel defined by the authorities until at least May 31, the cruise ferry operator said.
Huntington Ingalls Industries (NYSE: HII) said that its Ingalls Shipbuilding division has received a $1.5 billion fixed-price-incentive modification to a previously awarded contract for the procurement of the detail design and construction of amphibious transport dock LPD 31. The ship will be the 15th in the San Antonio class and the second Flight II LPD.
Bollinger Shipyards on Thursday delivered the USCGC Harold Miller to the U.S. Coast Guard in Key West, Fla. This is the 161st vessel Bollinger has delivered to the U.S. Coast Guard over a 35 year period and the 38th Fast Response Cutter delivered on the current program. The USCGC Harold Miller is the third of three FRCs to be home-ported in Galveston, Texas.
Trading house Glencore has chartered the 3 million barrel crude carrier Europe to store oil at sea for at least 6 months, trading sources on Tuesday.The vessel is one of two so-called ultra large crude carriers (ULCC), the largest tankers in the world.Glencore booked the vessel at a rate of $37,000 a day for the first six months, according to the sources.A Glencore spokesman declined to comment.
Risk Intelligence provides security data, information, analysis and assessment to enable safe navigation in areas of risk in an increasingly uncertain world.Since its founding in 2001, Denmark-headquartered security information specialist Risk Intelligence has developed a fully integrated risk assessment and planning tool that provides valid, actionable intelligence to any fleet, on land
Authorities in the United Arab Emirates are "working to put out a fire that broke out aboard an oil tanker 21 miles off the coast of Sharjah after receiving a distress message. A proper investigation is in progress," an official at the UAE National Media Council said on Wednesday, citing the UAE Federal Transport Authority – Land & Maritime (FTA).
At least $1 trillion of investment in new fuel technology is needed to enable the shipping industry to meet U.N. targets for cuts in carbon emissions by 2050, a study published on Monday showed.The global shipping fleet, which accounts for 2.2% of the world's CO2 emissions, is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea.U.N.
Keppel Offshore & Marine Ltd (Keppel O&M) delivered the 6000m3 Trailing Suction Hopper Dredger (TSHD) Sanderus to Jan De Nul Group.The Ultra-Low Emission vessel (ULEv) is the fourth dredger that Keppel O&M has delivered to Jan De Nul Group.According to a press release from the shipbuilder, this follows the delivery of three 3500m3 TSHDs earlier this year
The U.S. Coast Guard said it is searching by air and sea for two people aboard an overdue helicopter believed to have crashed in the U.S. Gulf of Mexico.The Coast Guard said its watchstanders received a report at 10:37 a.m. on Saturday from the helicopter's owner, Panther Marine, that the aircraft crew did not reach their destination when transiting from one offshore platform to another.
Tillberg Design of Sweden has been a central player in the six-year quest to envision, design, build and launch The Ritz-Carlton Yacht Collection brand. It has had a hand in all design aspects, from vessel exterior and interior, down to the service organization and the crew uniforms, as Fredrik Johansson, MA, Partner, Executive Project Director, explains.