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Video: FPSO Travels from China to Brazil

Feb 13, 2019

Dutch firm Boskalis transported the 90,000-ton FPSO P-67 from Qingdao, China to Rio de Janeiro, Brazil, aboard the semi-submersible heavy transport vessel BOKA Vanguard.FPSO P-67 was built by China’s Offshore Oil Engineering Company (COOEC)…

Titan LNG, Fluxys to Build FlexFueler 002

Feb 05, 2019

Belgium-based natural gas transmission system operator Fluxys and Netherlands-based Titan LNG have joined forces to build the FlexFueler 002, a bunkering pontoon to make liquefied natural gas (LNG) more widely available as shipping fuel in the Antwerp port and region…

Becker Intros New Sail Tech

Jan 31, 2019

Hamburg-based Becker Marine Systems is now taking another step forward – wind operated vessels.'We will see different hybrid systems on board vessels in the future. There will be ships and services where sailing provides a real option for supporting propulsion…

FLNG Market Oversupplied

Jan 30, 2019

Floating liquefied natural gas (FLNG) projects may have peaked already amid intensifying competition in the LNG space, a  review of the global FLNG sector released by global natural resources consultancy Wood Mackenzie has suggested.In a world requiring tight capital discipline…

New Design for Liquid Hydrogen Bunkering Vessel Unveiled

Jan 29, 2019

Design and engineering services company Moss Maritime has, in cooperation with Equinor, the global maritime industry group Wilhelmsen and DNV GL, developed a design for a liquefied hydrogen (LH2) bunker vessel.The vessel design comes at a time when hydrogen is developing into a viable solution…

Qatar Mulls Buying 60 New LNG Carriers

Jan 28, 2019

Qatar’s energy minister Saad Sherida Al-Kaabi, who also serves as deputy chairman of Qatar Petroleum (QP), outlined plans to order 60 new liquefied natural gas (LNG) carriers.Reuters, quoting a statement issued by South Korea’s presidential office…

Shipbuilding: Keppel Sees Rig Recovery, Profits Up

Jan 24, 2019

Singaporean conglomerate Keppel Corp posted improved results for the fourth quarter, helped by narrower losses in its offshore and marine division, and said it was seeing signs of recovery in the rig industry.The company on Thursday reported a net profit of S$135 million ($99…

HST Orders Damen Fast Crew Supply Vessel

Jan 21, 2019

Damen and High Speed Transfers Ltd (HST) signed a contract for a third FCS 2710 fast crew supply vessel, for delivery in September this year. The FCS 2710 is the replacement for Damen’s FCS 2610 and was first shown to the world in July 2018 with HST as the lead customer…

Alexandroupolis FSRU Delivery Delayed by Six Months

Jan 15, 2019

Greek utility company Gastrade has extended the timeline for completion of its Greek LNG development by six months to allow more time for the delivery of offshore floating, storage and regasification unit (FSRU) for the Alexandroupolis Independent Natural Gas System Project…

Great Ships 2018: BP's British Partner

Dec 27, 2018

BP Shipping took delivery of British Partner, the first of a half dozen new 173,400 cu. m. capacity liquefied natural gas (LNG) carriers to be delivered through 2018 and 2019 from the DSME shipyard in South Korea.  BP Shipping, which launched…

FSRU Suppliers Shift from Emerging Markets, Cut Back New Orders

Dec 21, 2018

Political instability and low credit ratings in emerging economies are putting some shipowners off ordering new floating storage and regasification units (FSRUs), as they shift focus to more mature gas markets.Liquefied natural gas (LNG) demand from emerging markets in Asia…

SHI Delivers Johan Sverdrup Offshore Platform On Schedule

Dec 19, 2018

South Korean shipbuilder Samsung Heavy Industries (SHI) has successfully completed the processing platform (P1) for Johan Sverdrup Field development and delivered it to Equinor according to the scheduled delivery date stated in the original contract…

Uniper, Mitsui OSK Lines Press Ahead German FSRU

Dec 17, 2018

German energy group Uniper and Japanese shipping group Mitsui OSK Lines (MOL) have agreed to intensify efforts on the Wilhelmshaven FSRU (Floating Storage and Regasification Unit) project in Germany, which could start up as early as H2 2022…

LPG Carrier "Laurel Prime" Christened at MHI

Dec 14, 2018

Mitsubishi Shipbuilding Co.held a christening ceremony for a liquefied petroleum gas (LPG) carrier currently under construction for Astomos Energy Corporation. The christening ceremony was held at the Koyagi Plant of MHI's Nagasaki Shipyard…

AET Grows in Brazil

Dec 11, 2018

With the ongoing development of deepwater pre-salt plays and a decreased demand on local content in tankers and other vessels, Brazilian national operator Petrobras and other super-majors have been looking abroad for better rates and reliable operators of shuttle tankers…

Current News

Subsea Vessel Market is Full Steam Ahead

Subsea Vessel Market is Full Steam Ahead

China's Imports of Russian Oil Near Record High

China's Imports of Russian Oil Near Record High

TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

Energy Storage on O&G Platforms - A Safety Boost, too?

Energy Storage on O&G Platforms - A Safety Boost, too?

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

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