Vard, a Norwegian firm specializing in shipbuilding and design, said Friday its subsidiary in Vietnam, Vard Vung Tau, had delivered a newbuild 944 Grampian Tees service operation vessel to owner North Star.This SOV is the third of four purpose…
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Energy Transfer, TotalEnergies Pen Deal for Crude Oil Offtake from Blue Marlin Offshore Port
Energy Transfer LP has entered into a non-binding Heads of Agreement (HOA) with TotalEnergies related to term crude oil offtake from its proposed Blue Marlin Offshore Port for 4 million barrels per month. The HOA is subject to the negotiation…
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ABS Grants Approval for Bumi Armada FLNG Design
The American Bureau of Shipping has awarded an approval in principle (AIP) to Malaysian floating production firm Bumi Armada for a floating liquefied natural gas (FLNG) infrastructure design. The new concept incorporates a barge-based liquefaction…
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Kongsberg Discovery Partners with Arctic Storm for Advanced US-built Trawler-processor
The first US-built trawler-processor for Alaskan pollock in over three decades is now undergoing sea trials in the Northern Pacific, testing an integrated technology package from Kongsberg Discovery tailored to locate, inspect, and engage fish…
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MODEC Hits Milestone: First Steel Cut in China for Guyana-Bound FPSO Errea Wittu
Japanese FPSO leasing firm MODEC said Thursday that the first steel-cutting ceremony for the Guyana-bound FPSO Errea Wittu had been held in China.MODEC secured its first order to supply an FPSO to Guyana in May 2023. The order came from an ExxonMobil…
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Vitol Hires Ship to Load Venezuela Crude for China after U.S. Lifts Sanctions
Vitol, the world's largest independent oil trader, has provisionally chartered a supertanker to load oil from Venezuela for China, according to two shipbrokers and data from shiptracking firms Kpler and Vortexa.The Very Large Crude Carrier Gustavia S.…
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Venezuela’s PDVSA Offers Corocoro Crude Cargo through Intermediary
Venezuela's state-run oil company PDVSA is offering to sell up to 1 million barrels of Corocoro crude through an intermediary, sources said on Wednesday, which could become the first sale of that grade in two years.Since Washington temporarily eased oi...
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DNV Awards Cyber Security Type Approval for Corvus Energy’s Orca ESS
Corvus Energy, a Norway-based provider of battery energy storage solutions and fuel cell systems for the marine sector, has been awarded a Type Approval from DNV for its Cyber Security Notation on the Control and Monitoring System of Corvus…
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High Water Closes Parts of Rhine River in South Germany to Shipping
Parts of the river Rhine in Germany have been closed to shipping because of a rise in water levels following recent heavy rain, German authorities said on Thursday.Rhine river shipping has been stopped around Maxau in south Germany, the German inland w...
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UECC’s EU ETS Solution Brings Clarity to Emission Costs
Cargo owners seeking to determine their Scope 3 emission liabilities from the logistics chain must contend with multiple calculation methods from different shipping lines that will affect their costs exposure to the EU ETS for shipping. To resolve this...
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