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WFW advises TORM on purchase of eight MR product tankers from TEAM Tankers

Watson Farley & Williams (“WFW”) has advised TORM on its agreement to purchase eight 2007-2012 MR product tankers with chemical trading capabilities from TEAM Tankers Deep Sea Ltd., for a total cash consideration of US$82.5m and the issuance of 5.97m TORM shares. The vessels are scheduled to be delivered during the second and third quarter …

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AP de Baleares: Comienzan las obras de reposición de la baliza de punta de s’Esperó en el puerto de Maó

Dada la ubicación de la baliza y su difícil acceso, toda la demolición se ha realizado mediante medios manuales. La Autoridad Portuaria de Balears (APB) está instalando una nueva baliza en la punta de s’Esperó de Menorca. Las obras de reposición iniciadas en febrero tendrán una duración de tres meses. Para tal objeto, se ha …

AP de Baleares: Comienzan las obras de reposición de la baliza de punta de s’Esperó en el puerto de Maó Read More »

New tech in O&M driving down offshore wind opex/MW

Global average opex per megawatt in the offshore wind sector has fallen significantly over the last eight years and is expected to further decline until 2029, driven by an increasing utilisation of new technologies and innovative solutions in operations and maintenance (O&M). DEME/Sabca(Video screenshot) “With economies of scale and improved efficiency of asset management and …

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Petrodec reactivates decades-old jack-up rig for decommissioning jobs

Decommissioning services specialist Petrodec has reactivated the Haeva jack-up rig to DNV standards and the unit is now reporting for duty as the company’s second decommissioning vessel. According to a Wednesday update from Petrodec, after several months of intense activity at the shipyard in Vlissingen (NL), Haeva, a four-legged jack-up rig, set sail on 7 …

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Maersk, partners set sights on ammonia bunkering at Port of Singapore

Maritime industry leaders have embarked upon a feasibility study aimed at establishing a comprehensive supply chain for the provision of green ammonia ship-to-ship bunkering at the Port of Singapore. The companies taking part in the project include A.P. Moller – Maersk A/S, Fleet Management Limited, Keppel Offshore & Marine, Maersk Mc-Kinney Moller Center for Zero …

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