Floating News

 

Crude Oil Held in Sea Storage Hits New Record

Apr 17, 2020

Traders are storing an estimated record 160 million barrels of oil on ships - double the level from two weeks ago as they seek to tackle a glut of stocks created by a slide in global demand from the coronavirus, shipping sources say.Organization…

Saipem Inks Deal with Equinor on Floating Solar Farm Tech

Mar 20, 2020

Italy's Saipem has reached an agreement with Norway's Equinor to develop technology to build floating solar power farms close to the coast, the energy contractor said.The agreement is between Saipem's high-value services unit Moss Maritime and the Norwegian energy firm…

PIRAEUS I Floating Dock Ready for Ops

Oct 25, 2019

Greece's Piraeus Port Authority (PPA) announced that the 'PIRAEUS I' floating dock is available again for ship repair works.'PIRAEUS I floating dock has been delivered for use and is operating again after scheduled maintenance works,' said an announcement from PPA…

New Marina to “Breathe New Life” Into Swedish Harbor

Sep 09, 2019

AB Toftö, the owner of the old industrial harbor area of the town of Skärhamn located on the west coast of Sweden, has partnered with floating marina specialist company SF Marina build a high-quality, mixed-use marina at the picturesque location…

Meyer Werft to Float Out of Norwegian Encore Soon

Aug 09, 2019

Norwegian shipbuilder Meyer Werft announced that Norwegian Cruise Line (NCL)'s newest cruise ship Norwegian Encore will most likely be leaving the covered building dock II on 17 August 2019.The ship has a rating of 169,145 GRT and measures 333…

FLNG Innovations Boost Gas Industry Growth

Aug 07, 2019

Liquefied natural gas (LNG) technologies, such as floating LNG (FLNG) innovations, driven by its shorter construction lead times and lower capital investment costs, are increasingly becoming a viable option for increased gas deployments.FLNG…

Höegh LNG Doubles Profit

Feb 27, 2019

Hoegh LNG, a provider of floating liquefied natural gas (LNG) services under long-term contracts, reported a profit after tax of $ 44.98 million for the quarter and year ended 31 December 2018, compared to $ 19.96 million in the same period in 2017…

Hoegh LNG Partners Appoints New CFO

Dec 03, 2018

The floating liquefied natural gas (LNG) company  Höegh LNG Holdings announced that Håvard Furu is appointed as new Chief Financial Officer (CFO) of Höegh LNG AS effective 1 March 2019.The interim CFO, Steffen Føreid, will step down effective…

Damen Shiprepair Curaçao: Both Floating Docks Up and Running

Nov 23, 2018

Damen Shiprepair Curaçao (DSCu) commissioned its floating D-dock on November 22, making both of its floating docks operational.'Following the mooring of D-dock to her moorings on Friday, November 16th, final tests were carried out and D-dock was submerged onto the equalised seabed…

HHLA Transports Ship Propeller for Hyundai Supreme

Sep 17, 2018

Hamburger Hafen und Logistik AG (HHLA) loaded the biggest ship propeller in the world onto a vessel. The “HHLA IV” floating crane brought the gigantic 110-tonne object to the port of Waltershof, where it was hoisted onto the “Hyundai Supreme” container ship…

Höegh LNG Secures Debt Financing for 9th FSRU

Aug 03, 2018

Norway's floating storage and regasification unit (FSRU) giant Höegh LNG said it has secured a USD 177 million debt financing for its FSRU delivery unit number 9. The FSRU is scheduled to be delivered in the fourth quarter of 2018. The facility…

Croatia Acts to Cut Red Tape for FSRU Terminal Project

May 10, 2018

The Croatian government proposed a special law on Thursday to facilitate the construction of an EU-backed liquefied natural gas (LNG) terminal in the northern Adriatic.The floating terminal is expected to start operations in 2020.The European…

RollDock, SAL Heavy Lift Form Dock Vessels Pool

Feb 12, 2018

RollDock and SAL Heavy Lift announced plans to join forces for roll-on/roll-off and float-in/float-out heavy lift cargoes, saying they will launch a “world’s first” pool for dock vessels from April 1, 2018. The pool will consist of the combined…

Aker Enters Offshore Floating Wind Market

Feb 09, 2018

Norwegian oil and gas specialist Aker Solutions has invested in floating wind power technology company Principle Power, with the aim to brings its offshore oil and gas field engineering experience to the renewable energy market. Aker Solutions…

Hoegh LNG Signs FSRU Deal with Gas Natural Fenosa

Feb 07, 2018

Norway's Höegh LNG said on Wednesday that its floating storage and regasification unit (FSRU) Höegh Giant has started its time charter contract with Spanish LNG operator Gas Natural Fenosa.  The  initial term of the contract is three years…

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