Rolls-Royce business unit Power Systems has opened a new test bench for mtu engines at the company’s location in Suzhou, China. The R&D test bench can accommodate mtu engines with a power output of up to 3,600 kW and will be used to test parts…
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Svitzer Adds Another Tug in the Humber
Towage operator Svitzer said it has purchased and renamed the Immingham-based tug Innovation, following the end of a chartering agreement for the vessel from Damen Marine Services.After the acquisition, the three-year-old vessel was renamed to Svitzer ...
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Standard Drilling Sells Stake in VLCC Gustavia S
Norwegian investment company Standard Drilling said Tuesday it had sold its 33.3% ownership in the VLCC Gustavia S, following the updated company strategy. Standard Drilling, which in 2013 sold off its offshore drilling rigs, only to return as offshore...
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GE to Provide Propulsion Systems for the new French Navy Logistic Support Ships
The first MV7000 drives for the LSS FLOTLOG program has successfully passed their Factory Acceptance Tests at GE Power Conversion Nancy Factory, reaching a first milestone for the new fleet of logistic support ships (LSS) of the French Navy.It…
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Odfjell Sells Its Last Short-sea Vessels
Norwegian shipowner Odfjell SE said it has sold off the last of its short-sea chemical tankers as it sharpens its focus on larger ships in the deep sea segment.The company announced Tuesday it has entered into a sales agreement for the last three 9…
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Fishing Row: UK Tells France to Back Down in 48 Hours or ‘We Get Tough’
Britain gave France 48 hours on Monday to back down in a fishing row that threatens to spiral into a wider trade dispute between two of Europe's biggest economies or face tortuous legal action under the Brexit trade deal.Post-Brexit bickering…
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ConocoPhillips Extends Charter for Another Solstad Offshore PSV
Solstad Offshore has secured a contract extension with ConocoPhillips for its platform supply vessel Normand Supporter.The one-year extension means the vessel now has a firm contract with ConocoPhillips in Norway until February 2023. The Norwegian…
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Iranian Navy Foils Pirate Attack on Oil Tanker
The Iranian navy thwarted a pirate attack against an Iranian oil tanker in the Gulf of Aden on Monday, Iranian state TV said. "Before crossing the Bab al-Mandeb straight, the tanker was approached by four boats carrying armed men who were prevented…
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Flex LNG Secures Long Term Charters for LNG Carrier Duo
Flex LNG has secured two charter deals with a minimum firm period of three years for each of its two LNG carriers Flex Resolute and Flex Courageous. The Oslo-listed firm said Monday that the charterer was an energy major. The charterer will…
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Record Number of Floating Production System Awards Expected Over the Next 18 Months
Around 30 production floater contracts are now queued up for award over the next 18 months, assuming no major market disruption occurs and the supply chain can absorb the orders within this time frame. That’s the conclusion of an in-depth market…
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