Elcano LNG carriers to be largest to transit Panama Canal
AUGUST 28, 2015—Two 178,000m³ LNG carriers for Spanish owner Elcano will be the largest of their kind to navigate the Panama Canal when they are delivered in 2017—ushering in a new pattern
Oil & Gas
Ezra and Japanese engineering giant in subsea joint venture
AUGUST 27, 2015 – Singapore’s Ezra Holdings has entered a binding MOU that will see Japanese engineering giant Chiyoda Corporation invest in Ezra’s Subsea Services business, Emas AMC, to form Emas Chiyoda
Ulstein launches giant Chouest/Island OCV
AUGUST 26, 2015 — Norway’s Ulstein Verft yesterday launched Island Venture (Yard No. 302), the first of the two giant SX165 design offshore construction vessels ordered by Edison Chouest Offshore and Island
Royal IHC launches fifth pipelayer in Sapura series
AUGUST 21, 2015 — Netherlands shipbuilder Royal IHC has launched Sapura Rubi, its fifth 550 t pipelaying vessel for Sapura Navegação Marítima S.A. in a ceremony at it shipyard in Krimpen aan
Western Gulf lease sale attracts few bidders
AUGUST 19, 2015 — The Department of the Interior’s Western Gulf of Mexico Lease sale drew just $22,675,212 in high bids for tracts on the U.S. Outer Continental Shelf offshore Texas. Just
Ultra Deep orders 142 m DSCV
AUGUST 19, 2015 — Singapore based Ultra Deep Group (UDS) has signed a further contract with shipbuilder China Merchants Heavy Industry. It covers the construction of one Ultra Deep Installer – Multipurpose
Fennica protesters face hefty penalties
AUGUST 17, 2015—Protesters who temporarily blocked the entry of the MSV Fennica from reaching Vigor Industrial’s Portland, OR, shipyard for repairs could face civil penalties up to $25,000 each, says the U.S.
Who’s the top valued LNG shipping company?
AUGUST 17, 2015—What company has the Highest Value Whole Gas (either LNG or LPG) shipping fleet? According to VesselsValue.com, that honor belongs to Teekay LNG Partners, with 37 vessels and a capacity
Tough quarter for Tidewater
AUGUST 11, 2015—Amid the challenging oil market conditions, offshore support vessel owner Tidewater Inc., New Orleans, LA, reported a first quarter net loss for the period ended June 30, 2015, of $15.1
Korean shipyards look to cut newbuild costs
AUGUST 10, 2015—South Korean shipyards are market leaders for construction of floating and fixed offshore oil and gas installations. They are world-class competitively, but even greater savings could result from addressing variations