Category: Hoortash Iranian

Hoortash Iranian
7 Feb by

Knutsen NYK Offshore Tankers orders aframax pair at DSME

February 7th, 2020 Jason Jiang Asia, Europe, Shipyards, Tankers 0 comments Knutsen NYK Offshore Tankers (KNOT) has entered into shipbuilding contracts with South Korean shipyard DSME for the construction of two 124,000 dwt aframax tankers. The total value of the contract is KRW337bn ($284m) and delivery is scheduled for August 2022. KNOT, a joint venture between […]
Hoortash Iranian
7 Feb by

CSSC Shipping raising $800m to grow leasing business

February 7th, 2020 Jason Jiang Finance and Insurance, Greater China 0 comments CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation (CSSC) has announced a plan to issue two bonds worth a total of $800m. The company has entered into subscription agreement with a group of banks and financial institutions including Bank of […]
Hoortash Iranian
7 Feb by

Top Ships confirms tanker sales

February 7th, 2020 Jason Jiang Europe, Tankers 0 comments Greek tanker owner Top Ships has announced the sale of two MR2 product tanker Stenaweco Elegance and Eco Palm Desert to unaffiliated third parties. Stenaweco Elegance and Eco Palm Desert are currently chartered to Stena Weco and Shell respectively. Tops Ships expects to conclude the deal […]
Hoortash Iranian
7 Feb by

Saipem awarded EPCI contracts worth over $500m

February 7th, 2020 Grant Rowles Europe, Offshore 0 comments Italian offshore contractor Saipem has been awarded several EPCI contracts worth over $500m. Saudi Arabia’s Saudi Aramco has awarded Saipem an EPCI contract as part of the long-term agreement in force until 2021. The scope encompasses the design, engineering, procurement, construction and installation of a 36” […]
Hoortash Iranian
7 Feb by

Noble Corporation secures new contracts

February 7th, 2020 Jason Jiang Americas, Offshore 0 comments Offshore driller Noble Corporation has been awarded new contracts and extensions for two of its drilling rigs, according to the company’s latest fleet status report. The 1987-built semi-submersible rig Noble Clyde Boudreaux has secured a contract from oil and gas company Berlanga Group for drilling operations […]
Hoortash Iranian
7 Feb by

APM Terminals unveils $250m port development in Georgia

February 7th, 2020 Jason Jiang Europe, Ports and Logistics 0 comments Port operator APM Terminals has presented its plans for the development of a deepwater port at Poti to the government of Georgia. The plans require an investment of over $250m of private capital for the first phase of development. The Poti Sea Port is […]
Hoortash Iranian
6 Feb by

Tianjin Port shuffles top management

February 6th, 2020 Jason Jiang Greater China, Ports and Logistics 0 comments Tianjin Port has announced that the company’s chairman Liang Yongcen and president Liu Qingshun have stepped down from their positions as part of the management reorganisation of the port group. Liang and Liu has been reappointed as vice chairman and vice president respectively. […]
Hoortash Iranian
6 Feb by

Kawasaki Heavy debuts LPG fuel system

February 6th, 2020 Sam Chambers Asia, Gas, Shipyards 0 comments LPG as a marine fuel continues to see plenty of design developments with class societies ABS and ClassNK having just granted approval in principle to Kawasaki Heavy Industries (KHI) for its new LPG fuel system. A dual-fuel engine capable of using both marine diesel oil […]
Hoortash Iranian
6 Feb by

IMO’s point man on air pollution steps down

February 6th, 2020 Sam Chambers Environment, Regulatory 0 comments One of the men most closely associated with shipping’s changing green regulatory scene over the past decade has moved onto pastures new. Edmund Hughes yesterday stepped down as the head of the International Maritime Organization ’s (IMO) air pollution and energy efficiency division. Hughes had been […]
Hoortash Iranian
5 Feb by

Call for governments to step in and wipe out a swathe of the OSV fleet

February 5th, 2020 Sam Chambers Offshore 0 comments Fearnleys Offshore Supply has called the bottom of the OSV market, predicting a slow recovery, while also suggesting national governments step in and remove a swathe of the market. Fearnleys has built up a strong reputation for its OSV reports and the latest publication has not disappointed. […]

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