Five tugs with a combined 150,000 horsepower have started the 500 nautical mile tow-out of the giant Aasta Hansteen spar platform from Stord, Norway to the Aasta Hansteen field in the Norwegian Sea. Located in approximately 1,300 meters of water and 300 km from land, the Aasta Hansteen gas field is being developed with a Spar FPSO platform that will be the first on the … [Read more...]
Vistula Maersk – New Ice-Class Feeder Vessel Makes Maiden Call in Russia [Photos]
![Vistula Maersk – New Ice-Class Feeder Vessel Makes Maiden Call in Russia [Photos]](https://gcaptain.com/wp-content/uploads/2018/04/Vistula-Maersk-5-167x125.jpg)
The first vessel in a series of new ice-class feeder ships has made its maiden call St. Petersburg, Russia after sailing from Rotterdam. The Vistula Maersk made her maiden call at Petrolesport and First Container Terminal in St. Petersburg on Friday. The vessel is the first a series of purpose-built, ice-class containerships to serve the North Sea and Baltic Sea for Seago … [Read more...]
Pirates Kidnap Twelve Crew from Dutch Cargo Ship Off Nigeria
Suspected pirates kidnapped twelve crew members from a Dutch cargo ship off the coast of Nigeria on Saturday, the ship manager confirmed on Sunday. The attack occurred early Saturday morning as the vessel was nearing port of Port Harcourt, Nigeria. The ship owner, ForestWave Navigation, confirmed Monday that 12 of 14 crew members on board their general cargo ship FWN … [Read more...]
Subsea 7 Makes $2 Billion Hostile Bid to Break Up McDermott’s U.S. Deal
By Nerijus Adomaitis OSLO, April 23 (Reuters) - Offshore oil services firm Subsea 7 has made an unsolicited offer worth about $2 billion for U.S. rival McDermott, potentially breaking up the U.S. company's agreed deal with onshore engineering firm Chicago Bridge & Iron (CB&I). The deal could make Oslo-listed Subsea 7 the market leader in supplying and installing … [Read more...]
U.S. Questions COSCO’s Takeover of Long Beach Terminal -Report
(Reuters) - A U.S. national security review has raised concerns about a takeover by China's COSCO Shipping Holdings Co of a large container terminal in Long Beach, California, the Wall Street Journal reported on Friday. The terminal is part of COSCO's planned $6.3 billion deal to buy shipping firm Orient Overseas International Ltd (OOIL) , the Journal reported, citing people … [Read more...]