WE Tech Solutions said Tuesday it has been awarded a contract to equip six additional newbuild liquefied natural gas (LNG) carriers that will be chartered to Shell.The Finnish firm said it will deliver six shipsets of its Solution One for the 174…
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PDVSA Plans to Offload Oil from Tilting FSO Offshore Venezuela
Venezuelan state oil company Petroleos de Venezuela (PDVSA) plans to offload crude from the Nabarima floating oil facility via ship-to-ship (STS) transfer amid environmental concerns, two people familiar with the matter said on Monday.The Nabarima…
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Op/Ed: Considering Alternative Energy Sources for Ships
Hydrogen or battery technologies? Strict regulations force shipowners to consider alternative energy sourcesThere are more than 60,000 ships in the world, which engines emit almost 2.5% of the world's greenhouse gases. The automotive industry…
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Australia Evacuates Crew from Coronavirus-hit Livestock Carrier
Australian officials were evacuating workers from a Kuwaiti-flagged livestock ship docked off the country’s west coast on Tuesday after at least half the 52 crew tested positive for COVID-19.The cluster of cases is the fourth outbreak detected…
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New LNG Carrier Delivered to FLEX LNG
Shipping company FLEX LNG said it has taken delivery of its latest newbuild, Flex Amber, from Hyundai Samho Heavy Industries in South Korea.Flex Amber is a large liquefied natural gas (LNG) carrier with 174,000 cubic meters of cargo space. The…
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NAT Secures Financing for Suezmax Newbuilds
Nordic American Tankers (NAT) told investors on Friday that it has lined up full financing for two new tankers on order from South Korea's Samsung Heavy Industries. The newbuilds are the first to be ordered by NAT since 2016.The shipowner said…
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COVID-hit Bulk Carrier Leaves Australia
A Panama-flagged bulk carrier with a coronavirus outbreak on board has sailed from its anchorage off Port Hedland and is enroute to Manila, the Philippines.The clearance for the Vega Dream’s departure was given Wednesday by the Australian Maritime…
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Baltic Index Posts Worst Week in Three Months
The Baltic Exchange's main sea freight index that tracks rates for ships carrying dry bulk commodities fell on Friday, registering its worst week in nearly three months, weighed down by weaker demand across vessel segments.The overall index, which fact...
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Major Supply Contracts Awarded for Finland’s New Warships
Finnish shipbuilder Rauma Marine Constructions (RMC) revealed it has entered into three major supply contracts worth over €100 million ($117.4 million) in total for the main equipment of Pohjanmaa Class multi-purpose corvettes commissioned by…
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Environmental Protection Notation for Saudi Aramco’s Offshore Vessel Fleet
Saudi oil giant Saudi Aramco plans to achieve the ABS ENVIRO notation for its 23-strong fleet of offshore support vessels, tugs, self-elevating units, and special purpose vessels.The notation identifies the level of compliance with international…
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