While the late 2018 oil price swoon has put a damper on an otherwise positive year for offshore energy markets, Transocean Ltd. (NYSE: RIG) ends the year on a positive, signing a construction management contract, as well as a five-year drilling contrac...
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MacGregor: Cleared by S. Korean Regulators for TTS Acquisition
MacGregor, part of Cargotec, received a clearance decision from the South Korean Fair Trade Commission on the company's acquisition of the marine and offshore businesses of TTS Group ASA, which was announced on 8 February, 2018.MacGregor announced…
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Great Ships 2018: World’s Largest MOSS Type LNG Carrier
Pacific Breeze, a 182,000 cu. m. capacity LNG carrier, is the world’s largest MOSS type LNG carrier ever constructed, built at Kawasaki Heavy Industries, Ltd., Japan (KHI). This capacity was achieved by extending the equatorial ring section of No.
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Tango FLNG En Route to Argentina
Belgium based EXMAR announced Thursday that its floating liquefied natural gas (FLNG) facility has left China for a 45-day voyage to the destination of its liquefaction operations at the Port of Bahia Blanca in Argentina.The barge-based Tango…
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Lamprell Gets LOI to Build Jackup Pair
Lamprell announced it has received a letter of intent (LOI) from International Maritime Industries Company (IMI), the Saudi maritime joint venture in which Lamprell is a partner, confirming the intent to award Lamprell the contract for the construction…
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Tech firm Sigfox develops tiny tracker to help fight rhino poaching
French tech company Sigfox has developed a bite-size tracker that can be inserted into the horns of rhinos to help conservationists monitor and protect the endangered species.
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Great Ships 2018: BP’s British Partner
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…
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Brexit:: P&O Re-flags Two Ships for Tax Reasons
British ferry and shipping freight operator P&O is reviewing its UK-registered fleet and is already re-flagging two vessels to keep European Union tax arrangements ahead of Britain's departure from the bloc, the company said.A P&O spokesman said two of...
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RCCL: USCG Searches for Overboard Cruise Crew Member
The U.S. Coast Guard on Wednesday was searching for a British crew member who went overboard from a Royal Caribbean Cruises Ltd cruise ship in the Atlantic Ocean.Arron Hough, 20, went overboard 267 miles (430 km) off the northwest of Puerto Rico on Tue...
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FMC Offices Closed due Partial Federal Shutdown
The Federal Maritime Commission is closed effective Wednesday, December 26, 2018 as part of the partial federal government shutdown due to a lapse in appropriations. The Commission will resume normal operations when appropriations legislation…
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