TEN Secures Charters for Product Tanker Duo

The association proposed that the GHG study does not include unrealistically high gross domestic product (GDP) growth projections to predict future transport demand – and thereby emissions – of the shipping industry. The proposal has been made to the expert workshop preparing for the study, which is meeting in London 12-14 March. “It is imperative…

Samsung Heavy Industries Co. Ltd. (SHI) has reached an agreement with the U.S. Department of Justice (DOJ) for the settlement of investigation relating to the payment of commission. This was regarding the 2007 contract of the company in order to build a drill ship for a subsidiary of Pride International Inc. (Pride). The contract was…

Halani 1 is a DP3 vessel that works with offshore oil rigs owned by Halani International PVT Ltd, a company based outside of Dubai, in Sharjah, UAE. The men have been stranded at Walvis Bay, Namibia between one and two years, and their abandonment was registered in IMO’s database since last year. However, HRAS informed…

After 23 months of contract signing, the first European dredger that is converted to dual-fuel LNG/MGO propulsion has departed Damen Shiprepair Dunkerque (DSDu) to return for work. Its length is 117 metre, with 8,500m³ trailing suction hopper dredger Samuel de Champlain and is owned by Rouen-based GIE Dragages-Ports and operated by the Port of Nantes-Saint-Nazaire….

ABS Grants AIP To SpaceTech4Sea Composite LNG Tanks Carbon Fiber LNG Fuel Tanks that is inspired by the common space industry techniques has been granted the Approval in Principle by ABS for its conceptual design. For the SpaceTech4Sea Project, it is a very important milestone where it has ABS, OceanFinance and Cimarron Composites join force…

Referring to the press conference that was issued on the 30th of September, 2019,it was announced by Teekay Corporation (Teekay) and Teekay LNG Partners L.P. (Teekay LNG) that restructuring of ownership on arms lenghths terms has been completed by COSCO Shipping Energy Transportation Co. Ltd. This has thus resulted to Teekay LNG’s joint venture partner,…