Gazprom said on Friday it had finished construction of the Nord Stream 2 subsea pipeline to Germany, completing Moscow's project to increase its gas export capability and bypass Ukraine, but flows have yet to be cleared by regulators.The much…
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Sembcorp Marine Wins Dorado FPSO FEED Deal with Altera
Singapore-based Sembcorp Marine has secured an exclusive contract from floating production firm Altera Infrastructure, to carry out the Front-End Engineering Design (FEED) work for an FPSO to be built for Santos' Dorado oil and project offshore Austral...
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Fleet Trimming Continues as Solstad Sells AHTS Sea Ocelot
Norwegian offshore vessel owner Solstad Offshore has sold another non-core vessel as part of its plan to trim its fleet and make it more competitive.It said Thursday it had sold the AHTS Sea Ocelot to an unnamed buyer. The 70 meters long vessel…
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Golden Ocean Orders Dual-fuel Ready Dry Bulk Vessel Trio
Oslo-listed dry bulk shipowner Golden Ocean has ordered three "high-specification latest generation" 85,000 dwt ECO-type Kamsarmax vessels,which will be constructed at an unnamed "first-class" Chinese yard. Golden Ocean said the vessels would feature t...
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UHL Taps COACH Solutions for Fleet Performance Monitoring
Heavy lift, breakbulk and project cargo shipping company United Heavy Lift GmbH (UHL) has signed up with Kongsberg Digital’s vessel performance monitoring and optimization service, COACH Solutions, to continue its increased focus on digitalization…
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Car Carrier Prices Are Hot and Getting Hotter
Newbuild spend for vehicle carriers, including large car and truck carriers (LCTC), pure car and truck carriers (PCTC) and pure car carriers (PCC), smashed past $3.2 billion last week, following big volume orders from Eastern Pacific and Zodiac—an asto...
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Orders for LNG-fueled Ships Are on the Rise
This year is shaping up to be a banner year for new liquefied natural gas (LNG) dual-fuel vessel construction contracts, with nearly 30% of the gross tonnage ordered in 2021 comprised of LNG-fueled vessels, according to the latest report from…
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Panama Remains Top Flag State for Bulker Carriers
The Panama Ship Registry is the largest in the world since 1993. This year, most of the vessels that entered the Panamanian registry were bulk carrier vessels. Panama-flagged bulk carriers represent 22% of the world´s bulk carrier fleet, with 2…
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Ingram Re-christens Four Towboats
Ingram Marine Group held a re-christening ceremony on August 30 for four towboats that are part of its inland waterways fleet."At Ingram, we name our vessels after Ingram associates and affiliates who have made a huge difference to our business…
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Australia’s New Icebreaker Begins Journey Home
Australia’s new icebreaker, RSV Nuyina, has begun its 24,000-kilometer voyage from the Netherlands to its new home port of Hobart. The vessel will be the main lifeline to Australia’s Antarctic and sub-Antarctic research stations and the central…
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