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Monthly Archives: September 2019

Fast Ferry Brilliance of Majestic Launched

Incat Crowther announced the launch of Brilliance of Majestic, the first in a new class vessel. Brilliance of Majestic is the first of a third class of vessel designed by Incat Crowther for the operator, Majestic Fast Ferry. At 33m and 39m respectively…
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Excelerate to Build FLNG Terminal in Philippines

Philippine authorities have given Excelerate Energy LP permission to proceed on plans to develop a floating natural gas import terminal to supply existing and new power generation.Texas-headquartered player in floating LNG regasification solutions…
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Rosneft Starts Far East LSFO Bunkering

RN Bunker, the bunkering subsidiary of Russia's Rosneft Oil Company, said it has begun to refuel ships with 0.5% sulfur limit marine fuel at the Far East region.The RMLS 40, a marine fuel that has advanced environmental properties, is in full…
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HHI Bags Order for 2 Crude Carriers

South Korea shipbuilding giant Hyundai Heavy Industries (HHI) group said that its unit Hyundai Samho Heavy Industries has won a deal to build two crude carriers.The shipbuilding deal worth KRW 158.7 billion (about USD 132.8 million) was signed…
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US Shale is Not Doomed, Says Rystad Energy

Though bankruptcies among U.S. onshore exploration and production (E&P) companies are on the increase during these days, Rystad Energy doesn’t believe this indicates doom for the shale industry.“In a nutshell, we do not believe the recent bankruptcies…...
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Macquarie Acquisition of German Offshore Wind Approved

The European Commission has approved the acquisition of Ocean Breeze Energy GmbH & Co. KG by Sage Holdings, ultimately indirectly controlled by Macquarie Group Limited.Ocean Breeze Energy is the owner of North Sea wind farm BARD Offshore 1, from Unicre...
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Solstad Wins AHTS Charter Deals from Total

French oil giant Total has awarded contracts to Norwegian shipping company Solstad Farstad for two large anchor handling tug supply (AHTS) vessels.The offshore service and supply ship shipping company announced that the contracts were awarded…
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