Sustainability in the heavy lifting industry

Cost efficiency and sustainability, two topics that are frequently discussed in the offshore and maritime industry. There are many developments and innovations going on in this area.

138 Workers Evacuated from Teekay’s FSO after Fire

Some 138 workers were evacuated from Teekay’s FSO Randgrid on Sunday afternoon while the vessel was in the ...

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Video: Mooring Prelude FLNG

After a journey of nearly 6,000 kilometers, Prelude FLNG arrived in Australia where it will produce liquefied ...

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ABS Grants AIP for HHI FLNG Hull

Classification organization ABS has given Approval in Principle (AIP) to Hyundai Heavy Industries (HHI) for ...

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Rosneft Readies Shuttle Tanker, Ice Breaker Orders at Zvezda

Russian oil major Rosneft plans to order reinforced ice-class shuttle tankers from the Zvezda Shipbuilding Complex ...

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Kleven Secures Cash Injection from Hurtigruten-Led Investors

Norwegian builder of ferries and offshore support vessels has obtained an investment worth NOK 300 million (USD ...

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Transocean Winner Tow Had No Storm Contingency Plan

Poor condition of the tow line, inclement weather and the lack of storm contingency plan led to the grounding of ...

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Cash-Strapped Triyards Having Trouble Completing Projects

Singapore-based Triyards Holdings Limited said it was reassessing its ability to continue or to complete current ...

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Corpus Christi Port Entrance Cleared from Grounded Drillship

Paragon Offshore’s drillship that was blocking the entrance to the Port of Corpus Christi after running ...

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Series of Events Led to Sinking of Two Maersk OSVs

Denmark’s investigation into the sinking of two Maersk offshore supply vessels in December 2016 showed that ...

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First Offshore Ship Gets DNV GL's Shore Power Class Notation

KL Sandefjord, owned by K Line Offshore AS, a subsidiary of Japan’s Kawasaki Kisen Kaisha (K Line), has ...

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Shipping, Offshore Crisis Still Affects DVB's Bottom Line

Due to a significant increase in allowance for credit losses, Germany’s DVB Bank suffered a net loss of EUR ...

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Maersk Ratings on Review for Downgrade

The Baa2 issuer rating and senior unsecured rating of Danish shipping and oil major Maersk have been placed on ...

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Paragon Working on Drillship Removal from Corpus Christi

Despite refloating attempts undertaken on Monday, Paragon Offshore’s grounded drillship continues blocking ...

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Beached Drillship Blocks Entrance to Port of Corpus Christi

The Port of Corpus Christi is still closed for vessel traffic in the Hurricane Harvey aftermath as the entrance to ...

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BW Catcher Starts Voyage to the North Sea

BW Offshore’s floating production storage and offloading (FPSO) unit BW Catcher has left Keppel Shipyard in ...

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Lloyd’s Register Oficially Classes Prelude FLNG

Shell’s floating liquefied natural gas (FLNG) facility Prelude has officially entered into Lloyd’s Register ...

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Maersk Offloads Oil Business amid Focus Switch

Danish transport and energy conglomerate A.P. Møller – Mærsk A/S has signed an agreement to sell Maersk Oil ...

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Video: Damen Completes Refit of Teekay's Petrojarl 1

Video Courtesy: Damen Damen Shiprepair Rotterdam (DSR) has delivered the FPSO Petrojarl 1 to Teekay Offshore ...

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Norwegian Forces Arrest Greenpeace Ship

The Norwegian Coast Guard has removed Greenpeace activists from the safety zone around Statoil’s oil rig, ...

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CSIC Secures Massive Cash Injection from Investors

Shanghai-listed China Shipbuilding Industry Corporation (CSIC ) has signed a debt-for-equity swap agreement with ...

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Spotted: COSCO Carries Shell's Appomattox Hull

In today’s spotted we bring you an image of MV Xin Guang Hua which recently loaded the hull of Shell’s ...

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Golar LNG Inks Deal on Hilli’s Dropdown

Golar LNG, owner and operator of LNG carriers and FSRUs, together with its affiliates Keppel Shipyard and Black and ...

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Maersk Group Bleeds Red Ink in Q2

Danish energy and transportation giant A.P. Moller – Maersk sailed into a loss of USD 264 million in the ...

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Ichthys Venturer FPSO Reaches Australian Waters

Ichthys Venturer, the INPEX-operated Ichthys LNG Project’s floating production, storage and offloading (FPSO) ...

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Video: DNV GL Conducts 1st Offshore Drone Survey

Classification society DNV GL has carried out its first offshore drone survey on the semi-submersible vessel Safe ...

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