Last week we looked at mistakes – mistakes from lenders in Singapore to Swiber and KrisEnergy (here), and a terrible error of judgement that led to the capsizing and si ..
norway
Flex LNG: Flexible by nature
Norwegian LNG shipping specialist Flex LNG is eyeing a new round of expansion, taking advantage of the promising outlook of the LNG market and the ongoing green fuel transition in the maritime industry. Oystein Kalleklev, CEO of Flex LNG, watched as the LNG market started off 2021 on a high note,...
Havila Shipping seals Total extension for PSV pair
Norwegian OSV owner Havila Shipping has secured contract extensions with Total DK for the 2009-built and 2010-built Havila Fanø platform supply vessels (PSVs). Total has declared options for three months, starting 1 June, Havila said in its Oslo Exchange filing on Monday. According to Havila, Total...
https://splash247.com/havila-shipping-seals-total-extension-for-psv-pair/
Researchers Develop A Model To Shield Ships From Ice Accretion
Researchers from Skoltech (Russia) and their colleagues from SINTEF (Norway) have developed a mathematical model of freezing water droplets moving in cold air. This model is a part of a joint RFBR-supported Russian-Norway research project, reports Eureka Alert.
The project is focused on predicting ice accretion on ships and other offshore structures operated in Arctic climate, which may interfere with their proper functioning and endanger crew members and cargo. The paper was...
https://mfame.guru/researchers-develop-a-model-to-shield-ships-from-ice-accretion/
Work Boat World Offshore Vessel Charters Roundup – April 30, 2021
New contracts for platform supply vessels (PSVs) are being awarded at a steadily growing pace and the number of awards themselves even increased compared to Q1 2021. This ..
Norwegian shipping firms signing up for Scandinavian Biogas fuel
Scandinavian Biogas Fuels is investing approximately NOK170m ($20.8m) in a liquid biogas plant in Skogn, outside Trondheim, with agreements in place to supply biogas as fuel to customers in the Norwegian shipping industry, including cruiseship owner Hurtigruten. The company said it has obtained all...
https://splash247.com/norwegian-shipping-firms-signing-up-for-scandinavian-biogas-fuel/
Axxis Geo Solutions seals restructuring consent
Financially troubled ocean bottom node seismic player Axxis Geo Solutions has received creditors’ approval for its restructuring plan after it filed for bankruptcy protection in February. The Oslo-listed company said that 106 out of the 110 creditors voted in favor of the reconstruction proposal....
https://splash247.com/axxis-geo-solutions-seals-restructuring-consent/
Shearwater snaps up Polarcus assets
Offshore seismic firm Shearwater GeoServices has struck a deal with Tiger Moth, a company affiliated with Woodstreet, to take over marine seismic acquisition assets previously owned by Polarcus, who was taken over by its lenders following a loan default in January this year. Shearwater has acquired...
BOOK REVIEW | Narvik: The Struggle of Battle Group Dietl in the Spring of 1940
A most interesting and important book. It was first written in German in 1958 and very competently translated into English in 2020. World War II history enthusiasts will ..
SFL lands $200m charter for LNG-powered car carrier pair
John Fredriksen’s SFL Corporation has secured a 10-year charter deal with a European-based carmaker for two newbuild dual-fuel 7,000 ceu car carriers set for delivery in 2023. Oslo-listed firm said the contract is on a time-charter basis, and until the LNG-powered newbuilds are delivered from an...
https://splash247.com/sfl-lands-200m-charter-for-lng-powered-car-carrier-pair/