Tag: production

SFL Corporation announced that it has agreed to acquire three new LR2 product tankers for an aggregate purchase price of approximately $230 million.

In this week’s “Shipping Number of the Week” from BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the effect of Saudi Arabia’s crude oil production cuts and exports.

Representatives from major global brands, maritime companies and US law enforcement agencies met, as part of the on-going collaboration of signatories to the ‘Declaration of Intent to stop the Maritime transport of counterfeits’(DOI), in Washington DC, to determine how collaborate to stop the maritime transportation of counterfeit goods.

Gard comments on several cases, that took place recently, that involve banks claiming for misdelivery of coal cargoes at Indian ports. The misdelivery has to do with the challenges that follow when a cargo is delivered without the production of the original bills of lading.

APM Terminals reports that its new rail connections between a number of deep-sea terminals and the hinterland has made the transmit of products faster and safer, while in the meantime decreases the environmental impact. APM Terminals Pipavav, one amongst India's multipurpose ports, accomplished a rail connection to its Kanpur Inland Container at the end of 2018. This gave to customers the chance to connect more efficiently to the gateway port.

Tokyo-based Inpex announced it has started production of gas from its Ichthys LNG Project in Australia on 30 July, following completion of final safety verifications. Firstly, the produced gas will be gathered within the Central Processing Facility, 'Ichthys Explorer', where it will be separated into gases and liquids.

MAN Turbocharger Kicks Off TCR Turbocharger Production in China

Floating LNG production extending the technology envelope

Blohm & Voss has docked its first FPSO in three years Blohm & Voss Repair in Hamburg, soon to pass into British ownership, has docked its first FPSO in three years for what German reports say is likely to be a long stay for conversion and overhaul, writes Tom Todd.The 92,000dwt oil production and storage unitUisge Gorm, a former tanker, arrived at the German yard earlier this week from Rotterdam under tow from a flotilla of Dutch and German tugs. Local reports said she had no engine power, rudder or propeller. Drawing 10m, she had to wait for high water at Finkenwerder before being berthed at B+V where reports said she was entering Dock 11.A Blohm + Voss spokesman toldThe Motorship the vessel had berthed at the yard but would reveal no details of the work to be undertaken, for contractual reasons. He added more information might be available later.Local media reports spoke of a stay of about a year. They said a panel had been cut in the bottom of the ship to allow her 6m of suspended oil and gas suction plant to be drawn up while she was in dry dock.The 248.2m long and 39.9m wideUisge Gorm ...