Offshore support vessel operator Maersk Supply Service announced that it has been awarded a major FPSO mooring project for a U.S. oil major in the Gulf of Guinea.The provider of offshore marine services to the oil and gas industry said in a statement …
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The increased risk of large, more complex and costly claims has the potential to impact all marine underwriting sectors in 2019, said the International Union of Marine Insurance (IUMI).Although the global fleet continued to grow at around 3% in 2018…
IUMI Concerned about Global Marine Underwriting Read More »
Minerva Bunkering, formerly Aegean Marine Bunkering Network now a fully-owned subsidiary of Mercuria Energy Group, appointed Tyler Baron as the Chief Executive Officer (CEO).Baron will be based in Geneva, and will oversee Minerva’s global business oper…
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Russian gas producer Novatek said on that it had signed agreements with two Chinese companies to sell a combined 20 percent stake in its new liquefied natural gas project, Arctic LNG 2.Under the agreement, the Chinese firms -CNOOC and CNODC…
Novatek Sell 20% Stake in Arctic LNG 2 to China Read More »
Norwegian shipowner MPC Container Ships, which provides feeder tonnage, has entered into a USD 40 million three-year revolving credit facility agreement.The deal was signed with New York-based CIT Group at “attractive terms”, MPC Container Ships…
MPC Container Ships Gets Loan Read More »