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Category: Canada

  • 2008-built rig scores multimillion-dollar drilling job offshore Canada

    2008-built rig scores multimillion-dollar drilling job offshore Canada A semi-submersible rig, owned by SFL Corporation (SFL) and managed by Odfjell Drilling, has lined up a new drilling assignment off the coast of Canada with an undisclosed oil and gas player. The post 2008-built rig scores multimillion-dollar drilling job offshore Canada appeared first on Offshore Energy.…

  • Teekay Tankers offloads sole VLCC

    Teekay Tankers offloads sole VLCC Teekay Tankers is pulling out of the VLCC segment, agreeing to sell its only supertanker in a deal that leaves the New York-listed owner focused squarely on suezmax and aframax tonnage. The Kenneth Hvid-led company said it has struck a deal to sell the 2013-built, 318,700 dwt Singapore Spirit —…

  • Fednav returns to Oshima for new handysize series

    Fednav returns to Oshima for new handysize series Canadian dry bulk owner and operator Fednav is heading back to Japan for a new series of handysize bulkers, marking its latest move in the newbuilding market. The Montreal-based company has signed a letter of intent with Oshima Shipbuilding for four 35,000 dwt lakers, with deliveries scheduled…

  • Exmar seals Cedar FLNG deal

    Exmar seals Cedar FLNG deal Belgian gas shipping and infrastructure group Exmar has been selected by Cedar LNG Partners to provide marine and operational services for the project’s floating liquefied natural gas unit. Under the agreement, the Antwerp-based owner will deliver marine operations and maintenance services for the FLNG vessel megúgu, which is currently under…

  • Construction of Canada’s multibillion-dollar LNG project nears 60%

    Construction of Canada’s multibillion-dollar LNG project nears 60% With the arrival of two massive modules, Woodfibre Management, a privately held Canadian company based in Vancouver, has made further progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project under development in British Columbia, Canada. The post Construction of Canada’s multibillion-dollar LNG…

  • South Koreans join in Canadian LNG project

    South Koreans join in Canadian LNG project South Korea’s Hanwha Group has entered into a strategic memorandum of understanding (MoU) with […] The post South Koreans join in Canadian LNG project appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • EIG’s MidOcean wraps up acquisition of stake in Petronas’ Canadian upstream portfolio

    EIG’s MidOcean wraps up acquisition of stake in Petronas’ Canadian upstream portfolio Malaysia’s state-owned energy giant Petronas has sold a partial interest in its Canadian assets to MidOcean Energy, a liquefied natural gas (LNG) player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG). The post EIG’s MidOcean wraps up acquisition…

  • JGC and Fluor cheer handover of second train at Canada’s mega LNG export project

    JGC and Fluor cheer handover of second train at Canada’s mega LNG export project Japan’s JGC Holdings Corporation and its joint venture (JV) partner, Fluor Corporation, have wrapped up their work on the second train at a liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia, which is operated by LNG Canada, a…

  • Canada’s first large-scale export project sends off another LNG cargo

    Canada’s first large-scale export project sends off another LNG cargo With another liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has reached a new milestone at its giant LNG export terminal in Kitimat, Canada’s British Columbia.  The post Canada’s first large-scale…

  • Canada’s $5.1 billion LNG project continues to take shape (Gallery)

    Canada’s $5.1 billion LNG project continues to take shape (Gallery) Woodfibre Management, a privately held Canadian company based in Vancouver, has made progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada. The post Canada’s $5.1 billion LNG project continues to take shape (Gallery) appeared…

  • Baltic Exchange charts new routes for Canadian crude trade

    Baltic Exchange charts new routes for Canadian crude trade The Baltic Exchange has expanded its tanker benchmark portfolio with two new aframax routes reflecting the rise of Canadian crude exports to Asia and growing geopolitical uncertainty in global oil trade. The new assessments — TD28, which tracks voyages from Vancouver to Ningbo, China, and TD29,…

  • Germany first country to embark on Canada’s green shipping corridor initiative

    Germany first country to embark on Canada’s green shipping corridor initiative Germany has become the first country to join a Canadian initiative to establish green shipping corridors. The post Germany first country to embark on Canada’s green shipping corridor initiative appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to offshore energy biz

  • SSI: AI and the business of building ships

    SSI: AI and the business of building ships Canadian shipbuilding software specialist SSI has been working at the intersection of technology and shipyards for decades. Today, Denis Morais, the company’s CEO, believes the industry is entering a pivotal moment — and AI is at the centre of it. “I’ve never seen shipyards more open to…

  • Anglo Teck merger creates top five global copper producer

    Anglo Teck merger creates top five global copper producer Global mining group Anglo American and Canadian miner Teck Resources have agreed to merge in a deal that will create one of the world’s largest copper producers with a combined market value of over $53bn. The combined group, to be named Anglo Teck, will rank among…

  • BW Offshore picked as preferred FPSO supplier for Equinor project in Canada

    BW Offshore picked as preferred FPSO supplier for Equinor project in Canada Floater specialist BW Offshore has signed a head of agreement with Equinor confirming its selection as the preferred bidder for the FPSO unit for the Bay du Nord project offshore Newfoundland and Labrador, Canada. Bay du Nord, Canada’s first deepwater oil project, is…

  • BW Offshore emerges as preferred FPSO bidder for Canada’s $12B oil project

    BW Offshore emerges as preferred FPSO bidder for Canada’s $12B oil project Equinor has taken another step to bring to life its oil project off the coast of Newfoundland and Labrador by inking heads of agreement (HoA) with BW Offshore for a floating production, storage, and offloading (FPSO) unit that will be deployed on the Canadian…

  • Van Oord’s final part of work at Canada’s oil project on the agenda for next quarter

    Van Oord’s final part of work at Canada’s oil project on the agenda for next quarter With three out of four phases already done, Van Oord, a Dutch marine contractor, is planning to embark on the last segment of its assignment in the fourth quarter of 2025 at a field off the coast of Newfoundland,…

  • Seaspan grows newbuild pipeline with 12-ship deal in China

    Seaspan grows newbuild pipeline with 12-ship deal in China Seaspan Corporation has inked a fresh round of newbuilding orders in China, adding twelve 9,000 teu containerships to its fleet pipeline. The vessels will be built at Hudong-Zhonghua Shipbuilding, part of China State Shipbuilding Corporation (CSSC), with deliveries slated to begin in 2028. The deal is…

  • Fluor–JGC JV picks up FEED job for Canadian LNG plant’s expansion

    Fluor–JGC JV picks up FEED job for Canadian LNG plant’s expansion A joint venture between Texas-based engineering firm Fluor Corporation and Japan’s JGC Holdings Corporation has won the front-end engineering and design (FEED) contract for a proposed expansion of the liquefied natural gas (LNG) facility located in Kitimat, British Columbia, Canada.  The post Fluor–JGC JV…

  • Seaspan pens deal to reinforce Canadian shipbuilding steel supply chain

    Seaspan pens deal to reinforce Canadian shipbuilding steel supply chain Seaspan Vancouver Shipyards has signed a memorandum of understanding with Stigterstaal Canada and Algoma Steel to reestablish a domestic steel supply chain focused on bolstering and expanding shipbuilding in Canada. This move follows the current trend of countries trying to ensure their own shipbuilding supply…

  • Petronas cheers its first cargo from Shell’s newly-operational LNG project in Canada

    Petronas cheers its first cargo from Shell’s newly-operational LNG project in Canada Malaysia’s state-owned Petronas has celebrated the sailaway of its first liquefied natural gas (LNG) cargo from the export facility in Kitimat, British Columbia (B.C.), Canada operated by U.K.-headquartered energy giant Shell. The post Petronas cheers its first cargo from Shell’s newly-operational LNG project…

  • DP World to take helm of NovaAlgoma Cement Carriers

    DP World to take helm of NovaAlgoma Cement Carriers P&O Maritime Logistics, a unit of ports and logistics heavyweight DP World, has acquired a controlling stake in NovaAlgoma Cement Carriers (NACC), the leading operator of pneumatic cement carriers, in a move that positions the Dubai-based group deeper into infrastructure-driven dry bulk trades. The transaction, with…

  • Teekay Tankers ships out its oldest LR2

    Teekay Tankers ships out its oldest LR2 Teekay Tankers has continued to offload its ageing tonnage by selling its oldest LR2 unit. S&P sources show the New York-listed firm is shipping out the 2007 Hyundai Heavy Industries-built 105,200 dwt Limerick Spirit to unnamed Greek interests for around $27.8m. The Kenneth Hvid-led owner and operator has…

  • Nova Scotia premier pitches 40GW offshore wind energy plan

    Nova Scotia premier pitches 40GW offshore wind energy plan The Canadian province of Nova Scotia has proposed a major offshore wind project with the end goal of constructing enough turbines to generate 40GW of electricity over the next decade. The premier of Nova Scotia, Tim Houston, outlined the plan, which would, if executed, cover around…

  • Canada’s multi-billion LNG project seeks permit for new floatel to create 900 more jobs

    Canada’s multi-billion LNG project seeks permit for new floatel to create 900 more jobs Woodfibre Management, a privately held Canadian company based in Vancouver, is putting the wheels in motion to clear the regulatory hurdles to bring a second floating workforce accommodation, also known as floatel, to its operated $5.1 billion liquefied natural gas (LNG) export…

  • Quebec grain terminal changes hands

    Quebec grain terminal changes hands Parrish & Heimbecker, a Canadian, a family-owned agri-business, has acquired a deepwater bulk marine export terminal in Quebec City from Societe En Commandite Terminal Grains, which has been operated by Sollio Agriculture since 2021. “The addition of a Quebec City terminal is a strong fit for our long-term growth strategy,”…

  • Seaspan books six containership newbuilds in China

    Seaspan books six containership newbuilds in China Seaspan has put pen to paper on more containership newbuilds at Shanghai Waigaoqiao Shipbuilding (SWS) in China. The Bing Chen-led tonnage provider has booked six 10,000 teu vessels with delivery likely starting in 2028. No value has been revealed for the shipbuilding contract that was concluded in renminbi…

  • New hub aims to fast-track sustainable maritime innovation in Canada

    New hub aims to fast-track sustainable maritime innovation in Canada Canada’s University of Victoria (UVic) and the Centre for Ocean Applied Sustainable Technologies (COAST) […] The post New hub aims to fast-track sustainable maritime innovation in Canada appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz

  • Tar balls wash up on Canadian shoreline near grounded MSC boxship

    Tar balls wash up on Canadian shoreline near grounded MSC boxship Tar balls have emerged on beaches near to where the MSC Baltic III remains grounded on Canada’s eastern seaboard, with the boxship remaining firmly lodged in place more than two months after it ran into difficulties.  The Canadian Coast Guard has said there is…

  • ‘World’s first net-zero LNG export facility’ shaping up in Canada as $5.1B project forges ahead

    ‘World’s first net-zero LNG export facility’ shaping up in Canada as $5.1B project forges ahead Woodfibre Management, a privately held Canadian company based in Vancouver, is moving forward with the construction works at its operated multimillion-dollar liquefied natural gas (LNG) export project located along the southwest coast of British Columbia, Canada. The post ‘World’s first…

  • Canada throws its weight behind $4 billion hydro-powered floating LNG project

    Canada throws its weight behind $4 billion hydro-powered floating LNG project The Canadian government has handpicked Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure player Pembina Pipeline Corporation, to be on the receiving end of millions in support for a floating liquefied natural gas (LNG) (FLNG) facility. The post Canada throws…

  • Teekay Tankers reveals LR2 play

    Teekay Tankers reveals LR2 play Teekay Tankers is renewing its LR2 tonnage through deals that will see one of the ageing vessels replaced by a 12 years younger unit. The New York-listed firm has agreed to offload the 2007-built Galway Spirit to an unnamed buyer for delivery in the first quarter of 2025. No price…

  • Canada awards construction contracts for two polar ice icebreakers

    Canada awards construction contracts for two polar ice icebreakers Canada’s Ministry of Public Services and Procurement last week awarded the construction contracts for the two polar icebreakers that are being built for the Canadian Coast Guard. Seaspan Shipyards unveils digital model of Canada’s heavy polar icebreaker On March 7, came announcement of a CAD $3.15…

  • Lauritzen Bulkers buys Canadian breakbulk specialist Alexander & Blake

    Lauritzen Bulkers buys Canadian breakbulk specialist Alexander & Blake Danish dry bulk owner and operator Lauritzen Bulkers has acquired Canadian breakbulk and parcel shipping company, Alexander & Blake. The Copenhagen-headquartered outfit, which manages a fleet of between 90 and 110 geared handysize and ultramax vessels, is taking over the Burlington-based company for an undisclosed sum.…

  • Shell-led JV preps for ‘critical’ step to enable start-up of Canada’s first LNG export project

    Shell-led JV preps for ‘critical’ step to enable start-up of Canada’s first LNG export project LNG Canada, a joint venture company encapsulating Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, is setting the stage to begin operations at its giant liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia. The post Shell-led JV preps for…

  • Teekay Tankers bags triple sale

    Teekay Tankers bags triple sale Teekay Tankers has confirmed deals worth $95.5m for three of its ageing vessels. The New York-listed firm has offloaded a pair of unnamed 2009-built suezmaxes and one 2006-built LR2, which should deliver a gain of about $30.5m in the first quarter. Earlier this month S&P sources listed four Bohai-built 159,000…

  • Canada’s net-zero LNG export terminal taking shape as construction ops continue (Gallery)

    Canada’s net-zero LNG export terminal taking shape as construction ops continue (Gallery) Woodfibre Management, a privately held Canadian company based in Vancouver, is going full steam ahead with foundation and marine piling work to breathe life into its operated $5.1 billion liquefied natural gas (LNG) export project. The post Canada’s net-zero LNG export terminal taking…

  • Canada’s $4 billion LNG project facing another legal challenge

    Canada’s $4 billion LNG project facing another legal challenge Steelhead LNG is mounting one more legal challenge against an LNG project on Canada’s West Coast. Legal proceedings are underway against Pembina Pipeline Corporation and ARC Resources in connection with a floating LNG (FLNG) solution for this development. The post Canada’s $4 billion LNG project facing…

  • Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts?

    Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts? Canada has come up with draft regulations to set a greenhouse gas (GHG) pollution cap for the oil and gas industry. The government claims the latest regulatory tool in the raft of measures that are part of its wider…

  • Canada faces port strikes on east and west coasts

    Canada is facing the real threat of strikes on both its west and east coasts.  Employers at British Columbia’s ports say they have received 72-hour strike notice from the union representing about 700 foremen in an ongoing labour dispute.  The B.C. Maritime Employers Association (BCMEA) said yesterday that if the International Longshore and Warehouse Union…