In an industry is awash with cash and record profits, it is tragic to see five people confirmed dead in an accident on a Perenco platform offshore Gabon, and one other worker still missing, presumed also killed, as per the most recent update. Last Wednesday, there was a fire on the Becuna platform...
One of the warmest winters on record seems to be drawing to a close in Europe, and the North Sea spot market is roaring back. On Friday, the 251 tonnes bollard pull anchor handler Maersk Mariner was spot chartered by Anasuria Operating Company at the princely day rate of £45,000 (US$57,000) for...
Gong Xi Fa Cai, Kung Hei Fat Choi, and Chúc mừng Năm Mới! Happy Lunar New Year to all our readers, and welcome to the Year of the Dragon. At least, this is one time of year where nobody will be sneaking abandoned offshore rigs and supply vessels out of Chinese shipyards to the market […]
The post COLUMN | Quick updates: Total buys a rig; Trident cans a rig; Standard sales succeed and fail; Saipem wins and loses corruption battles; Sapura hit with wind arbitration [Offshore Accounts] appeared...
Back in October last year, New Jersey’s plans for offshore wind development took a hit when Ørsted announced that it would cease development of the Ocean Wind 1 and Ocean Wind 2 projects. Ocean Wind 1 had been set to become New Jersey’s first offshore wind farm. Yesterday, though, New Jersey offshore wind aims got back on track.
Today, NJBPU awarded a combined 3,742 MW of offshore wind capacity to Invenergy and energyRE’s Leading Light Wind and Attentive Energy LLC’s Attentive Project Two,...
https://www.marinelog.com/offshore/offshore-wind/new-jersey-offshore-wind-gets-back-on-track/
The Gas Vitality liquefied natural gas (LNG) bunker vessel marked the beginning of the […]
The post Gas Vitality marks 100th LNG bunkering operation appeared first on Offshore Energy.
https://www.offshore-energy.biz/gas-vitality-marks-100th-lng-bunkering-operation/
Oh, to be young today! I know, I know, I know, I know, Sophie Ellis Bextor’s 2001 single “Murder on the Dancefloor” is back topping the charts after it appeared in a post cinematic rip-off of The Talented Mr. Ripley, and David Guetta is filling the dancefloors with his Grammy nominated “Baby Don’t...
Rarely in life do you get a second chance. But since we are almost Back to December, it is time to revisit that vintage Taylor Swift classic, where the singer describes how she messed up a relationship and begs for another chance. With that attitude, she could stand for president of Argentina and...
Last week we looked at Britoil’s acquisition of 30 offshore supply vessels (OSVs) from Vroon for a price we estimated to be in the region of US$239 million, and the acquisition of the Vroon Offshore Services management teams in Singapore and Italy. We noted how the Dutch Bank ING had foolishly cut a side deal […]
J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG) has confirmed a deal for the […]
The post JP Morgan confirms deal for methanol-powered chemical tankers appeared first on Offshore Energy.
https://www.offshore-energy.biz/jp-morgan-confirms-deal-for-methanol-powered-chemical-tankers/
The momentum towards methanol fueling continues to build. J.P. Morgan Global Alternative’s Global Transportation Group (JPMGTG) reports that institutional investors advised by it have concluded an order for two 49,800 dwt methanol dual-fueled methanol chemical IMO II medium-range (MR) newbuild tankers.
To be constructed at Guangzhou Shipyard International (GSI), in China, both vessels are scheduled to be delivered in 2026 and will be fixed on time-charter to TotalEnergies.
JPMGT says that the new...