The Egyptian Ministry of Petroleum and Schlumberger introduce the Egypt Upstream Gateway, a unique and innovative national project for digitizing subsurface information and delivering a digital subsurface platform to ensure Egypt's subsurface…
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Mammoet Completes Mexican Terminal Expansion
Mammoet, a Dutch company specialized in engineered heavy lifting and transport of over-sized and heavy objects, said that its team has successfully completed the second phase of the relocation of several shipping container cranes for Hutchison…
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Holland Shipyards to Build Electric Double-Ender Ferry
Norwegian ferry operator Brevik Fergeselskap has ordered a new electric passenger/ vehicle double-ender ferry from Holland Shipyards in Hardingxveld-Giessendam.The keel laying ceremony of the electric ferry has taken place on Wednesday February 12…
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Euronav Acquires 3 Newbuild VLCCs
Belgium's tanker shipping company Euronav NV has entered into an agreement for the acquisition through resale of three very large crude carrier (VLCC) newbuilds.The three VLCCs are currently completing construction at the DSME shipyard in South…
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CMA CGM Joins Energy Observer in Hydrogen Project
French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of hydrogen as a marine fuel.Energy Observer, formerly a racing catamaran, is now an experimental platform for tomorrow’s energy sou...
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Diana Shipping Fixes Philadelphia with BHP
Diana Shipping announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with BHP Billiton Freight Singapore Pte. Ltd., for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia.According…
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Scorpio Bulkers to Sell, Leaseback 3 Bulkers
The provider of marine transportation of dry bulk commodities Scorpio Bulkers has agreed to sell and leaseback two Ultramax vessels (SBI Cronos and SBI Achilles) and one Kamsarmax vessel (SBI Lynx) to Ocean Yield ASA for a total financing consideration...
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Kongsberg Revenue Up in Challenging Maritime
Norwegian technology enterprise Kongsberg Maritime announced that it increased operating revenue to NOK 5,490m (USD 593mln) from NOK 2,041m (USD 220mln) in the fourth quarter.Growth excluding acquired business is 21%, said a press release from the Kong...
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OOCL Loses Containers off Dutch Coast
The Dutch registered container ship OOCL Rauma lost at least five containers on Tuesday afternoon, 25 miles north of Ameland off the coast of the Netherlands, said Netherlands Coastguard.1,425 TEU vessel was sailing from the Port of Kotka in…
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Damen Develops BWT Ex Deckhouse
Dutch shipbuilding and engineering conglomerate Damen Group said that it has developed standard Ballast Water Treatment Ex certified deckhouses that can withstand slamming of waves.The deckhouses can be placed on the open deck of a tanker vessel…
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