Tagged Performance

Wärtsilä bags tech order for Finnline’s hybrid ferries duo

Rate this article By Adnan Bajic The Finnish technology group Wärtsilä has been contracted to supply its technologies for two Finnlines ferries being built by China Merchants Jinling Shipyard (Weihai) in China. Courtesy of Finnlines The two Superstar vessels will operate between Finland and Sweden across the Baltic Sea. They will feature Wärtsilä 46F main…

ESPO: Ports keep pursuing green goals despite COVID-19

Rate this article By Naida Hakirevic Despite coronavirus-related challenges, European ports are on track with their environmental goals. Air quality, climate change and energy efficiency are firmly placed at the top of the league table of priorities, a new report shows. On 10 November, the European Sea Ports Organisation (ESPO) presented its fifth annual environmental…

Damen launches 3rd hybrid-electric ship for BC Ferries

Rate this article By Naida Hakirevic Damen Shipyards Galati has launched the third Island-class hybrid-electric vessel for Canadian ferry operator BC Ferries. The vessel is part of a six-vessel order for BC Ferries and will perform environmentally efficient inter-island ferry services between Vancouver and Vancouver Island in British Columbia. Image Courtesy: Damen “This is the…

Nakilat reports 23.6 per cent profit jump

Rate this article By Adnan Bajic Qatar’s Nakilat, the world’s largest LNG shipper, reported a 23.6 per cent jump in the third quarter of 2020. Courtesy of Nakilat The Qatari LNG shipping giant posted a net profit of 900 million Qatari Riyals ($247.2 million) which compared to 728 million Qatari Riyals in the third quarter…

EPS trials biofuel with GoodFuels

Rate this article By Jasmina Ovcina Singaporean-based tonnage provider Eastern Pacific Shipping (EPS) has hired GoodFuels to supply biofuel bunkers for one of its MR tankers. The company bunkered its 2010-built 47,377 deadweight tonne MR tanker M/T Pacific Beryl. with the residual-fuel equivalent Bio-Fuel Oil on October 9 in Dutch waters. The BFO’s performance will…

Excelerate’s FSRU Experience breaks send-out capacity record

Rate this article By Bojan Lepic Provider of floating storage and regasification units (FSRUs) Excelerate Energy has reached a record-breaking send-out capacity of 1.06 billion cubic feet (bcf) of natural gas on its FSRU Experience. Excelerate said that the 1.06 bcf send-out capacity was reached on September 16. According to the company, the capacity was…

Equinor taps DUG technology for seismic

Rate this article By Adis Ajdin ASX-listed high-performance computing experts DUG Technology and Norwegian energy giant Equinor have signed a […] The post Equinor taps DUG technology for seismic appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

GasLog tightens Q2 loss

Rate this article By Adnan Bajic Greece-based LNG shipping company GasLog tightened its losses in the second quarter of the year. Courtesy of GasLog The shipper reported a loss of $21.3 million for the quarter ending June 30, 2020, which compares to a net loss of $26 million reported in the corresponding quarter in 2019….