Daily Archives: April 23, 2020

LR, UMAS: Not only one zero-carbon fuel is the most competitive

Rate this article By Naida Hakirevic Different zero-carbon fuel options are more competitive in different decades and there is not one option which is the most competitive from today through to 2050, a new paper finds. Photo: Pixabay The paper, published by classification society Lloyd’s Register and the UK’s University Maritime Advisory Services (UMAS), is…

Daewoo E&C scores Tangguh LNG gig

Rate this article By Mirza Duran South Korea’s Daewoo Engineering & Construction said Thursday it has won a $50 million contract to carry out piping works at the BP-operated Tangguh LNG export facility in Indonesia. Tangguh Train 3 (Image courtesy of Daewoo E&C) The contract is a part of the Tangguh expansion project which includes…

LR to class German LNG-fueled multi-role duo

Rate this article By Adnan Bajic Lloyd’s Register has been contracted as the classification society for two new LNG-fueled 95-meter multi-role German vessels. The pair has been ordered by the German Federal Waterways and Shipping Administration at the Abeking & Rasmussen Schiffs- und Yachtwerft. The vessels will be capable of performing a number of tasks,…

Chart eyes LNG stations deal with Shell as profit jumps

Rate this article By Adnan Bajic US LNG equipment maker Chart Industries on Thursday reported a jump in first-quarter profit. The company reported a net income of $8.5 million in the quarter. This compares to $0.9 million in the corresponding quarter in 2019, and $12.4 million in the previous quarter. First-quarter 2020 orders of $304.3…

Ineos pushes charter of Floatel unit to 2021

Rate this article By Nermina Kulovic A charter for a Floatel International-owned flotel with Ineos in the UK North Sea has been postponed for 2021. The post Ineos pushes charter of Floatel unit to 2021 appeared first on Offshore Energy. … Read Full Article Here For more great articles: Offshore Energy Today

Equinor slashes quarterly cash dividend by two thirds

Rate this article By Bojan Lepic Norwegian oil major Equinor has decided on a cash dividend of $0.09 per share for the first quarter of 2020, a reduction of 67 per cent compared to the fourth quarter of 2019. The post Equinor… … Read Full Article Here For more great articles: Offshore Energy Today

Helix Energy Solutions swings to quarterly loss

Rate this article By Adis Ajdin Houston-based offshore services and robotics specialist Helix Energy Solutions has reported net loss of […] The post Helix Energy Solutions swings to quarterly loss appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

Wärtsilä to design Amundsen Expeditions’ cruise ship newbuilds

Rate this article By Naida Hakirevic Finnish technology group Wärtsilä has received an order to develop a design for up to six new luxury expedition cruise vessels to be owned and operated by Amundsen Expeditions. Photo: Wärtsilä As informed, the 200-passenger newbuilds are primarily intended for the growing Chinese market. The design order with Wärtsilä…