New analysis from SEA-LNG demonstrates how ship assets opting for LNG can benefit for up to eight years of emissions compliance for preferable asset financing versus conventional vessel fuels like HSFO, VLSFO, and MGO. LNG fuel delivers up to 28% lower CO2 profile from tank to wake, which makes LNG vessels favourable to the Poseidon …
German container shipowner Hapag-Lloyd will postpone its Nov. 1 rate hike for East Asia to North America route until Dec. 1, the company said in a notice to clients on Oct. 29. Hapag-Lloyd’s General Rate Increase (GRI) of $1,200/FEU was previously delayed from Oct. 1 to Nov. 1 as scrutiny from regulators in the US …
Hapag-Lloyd postpones November trans-Pacific container rate hike Read More »
A new state-of-the-art Operational Centre to support the delivery of remote services to maritime customers has been launched in Hamburg, Germany, by the world’s leading classification society, DNV GL – Maritime. The launch also marks the two-year anniversary of DNV GL’s fleet wide roll-out of remote surveys and the milestone of 20,000 remote surveys delivered. …
The theme of the 2020 NYK Report is “Total Innovation,” which emphasizes the Group’s measures to place ESG (Environmental, Social and Governance) at the center of the NYK Group’s management and promote various initiatives to solve social issues to achieve sustainable growth. In his message, NYK president Hitoshi Nagasawa emphasizes his strong belief in the …
Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) announced today that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 130,000 common shares of the Company at an average price of $11.22 per share in the open market. The Company currently has 12,386,880 common shares outstanding, of which SSH and its affiliates own 2,982,751 or …
Courtesy: Solstad Offshore Solstad Offshore said that Petrobras has extended the current contract of RSV Far Saga for a period of one year and picked up another vessel for operations in Brazil. According to Oslo-listed Solstad, the contract starts on Friday, 30 October 2020. The Far Saga has been operating in Brazilian waters since 2014. …
Oceaneering has reported a net loss of $79.4 million on revenue of $440 million for the third quarter 2020. Adjusted net loss was $17.6 million, reflecting the impact of $68.7 million of pre-tax adjustments ($40 million impairment) and $6.3 million of discrete tax adjustments. Compared to a year-ago period, Oceaneering booked net loss of $25.5 …
The construction has kicked off on the world’s longest subsea road tunnel and the second Jiaozhou Bay tunnel in China. The launch ceremony took place in Qingdao’s West Coast New Area on October 29, bringing together leaders and experts from government, academia, as well as Qingdao Conson Development. Qingdao Conson Development began preliminary research on …
Chinese start building the world’s longest subsea road tunnel Read More »
The US National Science Foundation (NSF) has approved a $53 million grant to a consortium of the country’s top ocean-research institutions to build a global network of chemical and biological sensors that will monitor ocean health. Scientists at the Monterey Bay Aquarium Research Institute (MBARI), University of Washington, Scripps Institution of Oceanography at UC San …
$53M project to deliver worldwide fleet of robotic ocean-monitoring floats Read More »
Visser & Smit Hanab has secured a contract by Van Oord to perform inter-array cable termination and testing work at the Windpark Fryslân nearshore wind farm in the Netherlands. The routing, termination and testing activities will commence as soon as the cable installation starts. Visser & Smit Hanab is also in charge of installing the …
Visser & Smit Hanab bags another Windpark Fryslân contract Read More »
