Kuwait Petroleum Corporation is offering the option of ship-to-ship transfers of its crude oil and petroleum products outside the Strait of Hormuz to its buyers for safe transportation to final destinations, a company official said on Wednesday."We are offering the…
Sogestran subsidiary Compagnie Maritime Nantaise has awarded China's Guangzhou Shipyard International a contract for the construction of a new hybrid Ro-Ro vessel fitted with wind-assist propulsion units.The vessel will be used primarily for the transport of satellites, launch vehicles, and…
The Russian Federal Agency for Maritime and River Transportation (Rosmorrechflot) has commenced operations of a newly delivered buoy tender.Like her sisters under Project 3050.1A, Leonid Komarov (Леонид Комаров) was built by Kingisepp Machine-Building Plant of Saint Petersburg.
India's Garden Reach Shipbuilders and Engineers has launched a new ocean research vessel (ORV) ordered by the country's National Centre for Polar and Ocean Research (NCPOR).The launch of Sagar Manthan came barely five months after the laying of the keel.Upon…
Subsea well construction and intervention provider AKOFS Offshore has concluded a $300 million reducing revolving credit facility agreement with DNB Bank and Sparebank 1 Sør-Norge.
Arctic LNG 2, a liquefied natural gas project led by Russia's Novatek, is seeking about $1 billion in damages from South Korean shipbuilder Hanwha Ocean over cancelled tanker construction contracts, according to a disclosure by Hanwha.Arctic LNG 2, which is…
