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Shipbuilding

Latest Commercial Shipbuilding Contracts

There has been a significant volume of shipbuilding business reported in the week according to Clarkson Hellas. Dry Bulk Carriers The dry bulk fleet has seen a number of new additions this week. It was reported that SWS…

Shipbuilding

BP Order 13 New Tankships

BP Plc confirms an order for 13 of the vessels, 2012’s largest tankship shipbuilding order. According to information obtained by Bloomberg the order, placed with Changwon, South Korea's STX Offshore & Shipbuilding…

Contracts

Tankship Contract Cancelled by Bahri

Bahri subsidiary, National Chemical Carriers Ltd., cancels contract for chemical tanker (NCC Bader) due to the delay in terms of delivery. The National Shipping Company of Saudi Arabia (Bahri) announces that its 80%…

Technology

Shift in Global Energy Predicts New Report

ExxonMobil’s 'Outlook for Energy' forecasts new opportunities for international trade and economic growth. The global energy landscape will evolve significantly as regional demand-and-supply patterns shift in the coming…

Shipbuilding

SABIC Contracts Two New LNG-Powered Tankships

Saudi Basic Industries Corporation (SABIC) says it is the world's first chemical company to commission LNG-run gas carriers. SABIC's new tankships will be powered by liquefied natural gas (LNG) to transport its olefins…

Shipbuilding

CNOOC Mulls LNG Vessel Orders

CNOOC has it in mind to order 14 medium & small-sized LNG ships from Chinese shipyards. The Group is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas…

Technology

BP Contract Jeppesen Voyage Planning

Jeppesen optimization solutions to be used aboard BP's LNG, Product & Crude Oil vessels to increase efficiency, reduce risks & save fuel. The contract will result in the installation of Jeppesen’s Vessel and Voyage…

Legal

Two Shippers Apply for US Jones Act Waiver

Two shippers to use waiver to ship fuel to U.S. Northeast in the acute fuel shortage following the passage of Hurricane Sandy. Two companies have told the United States they intend to take advantage of a waiver allowing…