TechnipFMC Signs a Major Contract with MIDOR for Their Refinery Expansion and Modernization in Egypt

TechnipFMC Signs a Major Contract with MIDOR for Their Refinery Expansion and Modernization in Egypt

TechnipFMC has signed a major(1) Engineering, Procurement, and Construction (EPC) contract by Middle East Oil Refinery (MIDOR) for the modernization and expansion of their existing complex near Alexandria, …
Nov 2, 2018 /  Curious
GTT and Dongsung Finetec Sign a Memorandum of Understanding

GTT and Dongsung Finetec Sign a Memorandum of Understanding

GTT and Dongsung Finetec, Korean company specialised in thermal insulation, have signed Tuesday a memorandum agreement (Memorandum of Understanding) in order to commercialise GTT’s LNG Brick® technology, during …
Oct 17, 2018 /  Curious
DESS Aquaculture chooses Optimarin for newbuild wellboats

DESS Aquaculture chooses Optimarin for newbuild wellboats

DESS Aquaculture, a joint venture between Solstad Farstad and John Fredriksen’s Marine Harvest, has signed a contract to install Optimarin ballast water treatment (BWT) systems on its four newbuild 3,500m3 capacity …
Jul 10, 2018 /  Curious
Seatrade convicted for trafficking toxic ships

Seatrade convicted for trafficking toxic ships

Thursday (March 15, 2018), the Rotterdam District Court sentenced, on the basis of the EU Waste Shipment Regulation, shipping company Seatrade for the illegal export of vessels sent for scrapping on the beaches of South …
Mar 18, 2018 /  Curious
Electrical specialist Bakker Sliedrecht plays important part in conversion of Bokalift 1

Electrical specialist Bakker Sliedrecht plays important part in conversion of Bokalift 1

Electrical installation company Bakker Sliedrecht has played an important part in the conversion of Boskalis’ heavy transport vessel (HTV) Finesse into transport and installation crane vessel (HLV) Bokalift 1. …
Mar 13, 2018 /  Vessels
Five new fully electric battery ferries of MM design ordered

Five new fully electric battery ferries of MM design ordered

Five new fully electric ferries of Multi Maritime (MM) design have been ordered during the two first months of 2018, consolidating Multi Maritime’s position as the leading developer of innovative and green ship …
Mar 8, 2018 /  Vessels
Tsuneishi Shipbuilding delivers first “TESS38” Ship – Its 38,300-tonne Log and Bulk Carrier

Tsuneishi Shipbuilding delivers first “TESS38” Ship – Its 38,300-tonne Log and Bulk Carrier

Tsuneishi Shipbuilding Co., Ltd. (Tsuneishi) completed the construction of its first TESS38 “WECO JOSEFINE” at one of its overseas shipyards, TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc., and delivered it to the …
Feb 26, 2018 /  Vessels
NYK: The European Commission’s decision regarding ocean shipping services for cars and trucks

NYK: The European Commission’s decision regarding ocean shipping services for cars and trucks

Nippon Yusen Kabushiki Kaisha (NYK) earlier today released the following statement: “Nippon Yusen Kabushiki Kaisha (NYK) has been investigated by the European Commission (“the Commission”) since …
Feb 22, 2018 /  Finance
US Department of Homeland Security (DHS) signs Jones Act Waiver

US Department of Homeland Security (DHS) signs Jones Act Waiver

Friday (Sept 8,2017), in recognition of the severity of Hurricanes Harvey and Irma, US Department of Homeland Security Acting Secretary Elaine Duke approved a waiver of the federal Jones Act.  This waiver will …
Sep 11, 2017 /  Curious
South Korea’s Fair Trade Commission fines 43 bln won on nine global car carriers

South Korea’s Fair Trade Commission fines 43 bln won on nine global car carriers

South Korea's antitrust watchdog said Monday that it has imposed a combined 43 billion won (US$37.8 million) in fines on nine global auto shipping companies for bid rigging and price fixing. The Fair Trade Commission …
Aug 22, 2017 /  Finance