News

KBR today announced that it has received a letter of award from Hyundai Heavy Industries Co. Limited to perform engineering design and procurement support services for the BP Quad 204 Floating Production Storage and Offload (FPSO) Project to be located west of Shetland Isles in UK waters.

ESL Shipping Ltd has taken delivery of a new, approximately 20,000 dwt vessel from ABG Shipyard Ltd in India. The vessel is owned by SEB Leasing Oy, which has chartered her to us under a long-term agreement.

Last weekend the platform supply vessel Durga Devi (ex VOS Prevail) was taken over by the Singapore-based ship owner Chellsea Pte Ltd in the port of Esbjerg.

The port of Santos will have received combined private and public investment of $6bn by 2024 aimed at improving infrastructure and capacity.

Colombo Dockyard penned contracts for the construction of four units of 78 m Multipurpose Platform Supply Vessels (MPSV) each with a 3,600 deadweight capacity for a Singapore based Ship Owner at an undisclosed price on 25th August 2011.

The Indian government has announced that, in partnership with the private sector, it is to invest $60bn into the national port network by 2020 to accommodate increasing levels of growth.

The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week. It is also the first time a Japanese shipping company sends a vessel through the Northeast Passage.

Abengoa Bioenergy has received a conditional commitment for a $133.9m federal loan guarantee from the US Department of Energy to build its bio refinery unit in Kansas, the US.

Initec Energia has secured a €260m contract to construct a 500MW combined-cycle gas-fired power plant in Maranhao, Brazil.

Romania's natural gas consumption rose 3.5 percent in the first half of the year to some 81.5 million megawatt hours, with imports accounting for roughly 25 percent on average,

Uzbekistan and South Korea signed a $2.6 billion deal to build a gas-chemical plant in the Central Asian state which their leaders said was "unprecedented" in Uzbek-Korean relations.

Pyongyang is interested in participating in a project to build a 10 billion cubic meter/year pipeline from Russia to South Korea via North Korea, Russian President Dmitry Medvedev

Hong Kong-listed commodities trader Noble Group​ has secured its first charter for an LNG carrier. ICIS Heren understands that Noble Group will take control of the 1979-built 126,000 cubic metre (m³) LNG Taurus from April 2012 for a period of two years.

Argentina will receive three LNG cargoes this week as low temperatures drive up natural gas demand, a person close to the operations said Wednesday.

APL today introduced a new service to expand its presence in Latin America. The West Coast Express​ (WCX) service replaces the Panama Andean Express 2 service. The new service is a vessel sharing agreement with Hamburg Süd.

Japan will import liquefied natural gas from Norway for the first time since 2008, with the Arctic Discoverer tanker expected to arrive at the Oita LNG terminal in southwestern Japan on Sept. 10, an industry source familiar with the matter said on Thursday.

On 20 August 2011 the tanker Vladimir Tikhonov, owned by SCF Group (Sovcomflot), started her Arctic voyage from Murmansk along the

China-based shipbuilder Shanghai Waigaoqiao Shipbuilding Co. (SWS) has received an order from Piraeus, Greece-based shipping company Polembros Shipping (Polembros), which includes four 206,000 dwt bulk carriers. The new ships are due to be delivered in 2013.

Fairstar Heavy Transport N.V. (FAIR) has signed a third contract with Chevron PTY LTD and the Kellogg Joint Venture – Gorgon. Under the terms of the contract, the semi-submersible vessel FJELL

Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Triton, a 1,400 dwt anchor handling tug support