A new recruitment business catering for the specialist recruitment needs in the shipping, maritime, logistics and oil and gas sectors has been launched in Singapore.Headed up by Managing Director Jason Tay, Direct Search Asia will seek to…
A new recruitment business catering for the specialist recruitment needs in the shipping, maritime, logistics and oil and gas sectors has been launched in Singapore.Headed up by Managing Director Jason Tay, Direct Search Asia will seek to…
Nordic Shipholding A/S has been informed that Pacific Alliance Group (“PAG”), which controls Nordic Shipholding’s majority shareholder, Nordic Maritime S.á r.l., has entered into an agreement with BW Group regarding the establishment of a joint…
The challenges of managing efficient procurement processes and getting the right funding in the shipping and offshore sectors is the topic for a major half day conference in Singapore later this month.Coinciding with the Asia Pacific Maritime (APM) event on March 20…
Guardian Maritime Ltd. announced the appointment of Jean Winfield as its new Marketing Director, strengthening their worldwide management team. Jean has more than 20 years’ experience in public relations and marketing, with the last 15…
BW Offshore announced that it has exercised an option to acquire the tanker Blue Opal for $83.4 million from Daewoo Shipbuilding & Marine Engineering (DSME). Blue Opal is a DSME designed and built VLCC (320,000 dwt) from 2012.BW Offshore…
Recent port state control detentions (particularly in Australian waters) have revealed numerous cases of damaged and inoperable ballast tank air pipe heads. The air pipe heads were of the automatic float type, from different manufacturers and used by different new construction shipyards…
Petrobas's FPSO P-63 has left the Quip/Honório Bicalho shipyard in the city of Rio Grande (RS) after the modules were integrated and the platform commissioned.With a capacity to process 140,000 barrels of oil/day and compress one million m3 of gas /day…
Maersk Tankers exits Very Large Gas Carrier (VLGC) segment by selling its fleet to the BW Group.The BW Group buys Maersk Tankers five owned vessels and takes over the five existing time charter commitments, which Maersk Tankers explains is…
BW Offshore has agreed an extension for their FPSO's 'Abo' and ''.The extension for Abo is with Nigerian Agip Exploration Ltd of nine months. and for Sendje Berge with Addax Petroleum Exploration Ltd of three months.These extensions have…
Nor-Shipping 2013 opens just three months from now with a cast of speakers featuring top executives from world-leading companies covering the entire value chain of themaritime industry – from shipowners and technology and service companies to regulators and financiers…
To reduce the transit time of the large FPSO 'Papa Terra' from the Far East to Brazil, AHT 'Uranus' & AHT 'Janus' were engaged.BW Offshore and their end-client Petrobas called on Alp Maritime Services to advise on what strength bollard pull…
BW Maritime inks contract with Samsung Heavy Industries for BW’s first Liquefied Natural Gas Floating Storage Regasification Unit (LNG-FSRU).Expected to be delivered in 2015, it will be the latest addition to BW's fleet of 16 LNG carriers…
Douglas-Westwood forecast that between 2013 and 2017, $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. A total of 121 floating production units are forecast to be installed – a 37% increase…
Moody's Investors Service says that operating results of BW Group (Ba2 negative) in 1H 2012 were better than expected, largely because of the higher charter rates achieved by the company for its vessels.'We had expected BW Group's performance to weaken…
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