InTank has opened its second test facility for factory testing. The testing simulates InVoyage BWT with InTank and InTank FITT. As of June 2022, both test sites have been updated with new robust PLC programming. Both test sites are equipped with audio-…
InTank Opens New Test Facility Read More »
Offshore services company Havfram announced it has been awarded a contract from MODEC Offshore Production Systems (Singapore) Pte Ltd. (MODEC) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO)…
Havfram Bags Senegalese Mooring Pre-Lay Contract from MODEC Read More »
An investor flight began around 2015, but now many shipowners have their own reasons for eschewing public shares issues
The vanishing equity raise: how stock sales fell out of favour in shipping Read More »
Greek Tanker owner Performance Shipping Inc. on Tuesday announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 105,071 dwt Aframax tanker from an unaffiliated third party for a gross purchase p…
Performance Shipping Buys an Aframax Tanker Read More »
German Chancellor Olaf Scholz said he was confident liquefied natural gas (LNG) could start flowing into the country via the Baltic Sea port of Lubmin within a matter of months, as Germany rushes to phase out Russian energy imports.”Our goal…
Germany’s Scholz Hopes for Baltic Sea LNG Terminal within Months Read More »