Search results for: arcadis ost 1

2321 results

A list of search results

  • Maersk reveals 10,000 job cuts amidst profit plunge and industry’s ‘new normal’

    3 November 2023

    Danish container shipping giant A.P. Moller-Maersk unveiled this morning a further downturn in both profit and revenue, resulting in a decision to cut 10,000 jobs as a response to the ongoing challenges of declining freight rates and lackluster demand within the container shipping industry. Despite these challenges, Maersk affirmed its full-year guidance for revenue and […]

  • Meeting IMO’s 2030 targets not out of grasp?

    22 December 2023
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    Despite the challenges that defined this year, the maritime industry may be closing the chapter on 2023 with a sense of optimism. Namely, BIMCO’s recent analysis provides a beacon of hope, suggesting that the International Maritime Organization’s (IMO) ambitious goal of achieving 5% zero or near-zero fuel usage by 2030 is not as elusive as […]

  • Höegh Autoliners obtains new $720M loan for Aurora newbuilds, ship purchase

    9 April 2024
    Business & Finance, Business Developments & Projects

    Höegh Autoliners has secured new and long-term financing for all its existing bank debt, the purchase of two vehicles carriers as well as four of the LNG-powered Aurora newbuilds.

  • Dana Petroleum entering Shell’s North Sea license ahead of drilling ops

    7 February 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Deltic Energy is in the process of divesting a partial stake in a Shell-operated license to Dana Petroleum.

  • OSG’s Alaskan fleet gears up for methanol-ready upgrade from MAN ES

    15 December 2023
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    U.S.-based tanker owner and operator Overseas Shipholding Group (OSG) has inked an engine upgrade program with German powerhouse MAN Energy Solutions for its Alaskan Class fleet. The upgrade program covers four vessels from the series including Alaskan Explorer, Alaskan Frontier, Alaskan Legend, and Alaskan Navigator, all approaching 20 years of age. The lifecycle engine upgrades aim to […]

  • NSEC countries ‘unlikely’ to meet 2030 offshore wind target without immediate action on port development, study says

    20 November 2023
    Business & Finance, Business Developments & Projects, Ports & Logistics

    A new report from the North Seas Energy Cooperation (NSEC) calls for “immediate action” on developing new port infrastructure and upgrading existing port facilities as the study behind the report found the joint offshore wind target of the nine NSEC countries for 2030 is unlikely to be met otherwise. In this article: The North Seas […]

  • Westwood: Netherlands & Belgium could lead hydrogen imports in NW Europe

    16 November 2023
    Market Outlooks, Outlook & Strategy

    The latest research by Westwood Global Energy Group, a market research and consultancy firm, has revealed an optimistic outlook for Northwest Europe (NWE) hydrogen imports, led by targets set by the Netherlands and Belgium. According to Westwood, the two countries have a collective potential to provide 62% of the European Union’s (EU) import target. However, […]

  • Corvus Energy gets cyber security type approval for Orca ESS

    16 November 2023
    Certification & Classification, Infrastructure, IT & Software, Regulation & Policy, Storage

    Corvus Energy gets type approval from DNV for the cyber security notation on the control and monitoring system of the Orca ESS.

  • PowerCell: Green hydrogen via fuel cells to play major role in maritime decarbonization

    15 March 2024
    Business Developments & Projects, Outlook & Strategy, Technology

    Marine hydrogen fuel cells have emerged as one of the zero-emission solutions that is fast maturing. With their commerciality improving, the popularity of fuel cells is yet to grow amid the global fight to decarbonize shipping.

  • COP28: Sketching decarbonization roadmap with phase-out of fossil fuels as the centerpiece to get global net-zero efforts on track

    13 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    COP28 is seen as a beacon of hope to devise a transformational roadmap in a bid to get the global energy transition undertaking on track.

  • Navigating the new normal: Vessel rerouting spurs higher emissions as ships avoid the Red Sea

    22 December 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Vessels

    In recent weeks, the Red Sea has become the epicenter of heightened tensions as Yemen’s Houthi group escalated their attacks on commercial vessels, sending shockwaves throughout the maritime industry. Germany’s Hapag-Lloyd and Hong Kong’s OOCL joined on Thursday numerous shipping companies, including Maersk, MSC as well as oil major BP, in announcing that they would […]

  • Iberdrola earmarks over $15 billion to boost UK’s electricity networks and renewables

    27 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders, Transition

    ScottishPower, Iberdrola’s UK arm, has confirmed its parent company’s investment plan for 2024-2028, which sets out £12 billion (close to $15.15 billion) for electricity transmission projects in Britain, along with more offshore and onshore wind, solar, energy retail, and green hydrogen projects.

  • Watch: AAL Shipping’s methanol-ready mega-size vessel floated out in China

    8 January 2024
    Business Developments & Projects, Infrastructure, Vessels

    The first next-generation methanol-ready multipurpose vessel being built in China for Singapore-based shipping company AAL Shipping has been launched.

  • New UK player joining North Sea oil project ahead of field development plan submission

    23 November 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Jersey Oil & Gas has agreed to sell a partial stake in an asset on the UK Continental Shelf (UKCS) to Serica Energy.

  • Fresh oil discovery making room for potential tie-back to existing North Sea infrastructure

    17 April 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Vår Energi has found more oil in the Balder area, located in the central North Sea off the coast of Norway.

  • Castrol: Will hydraulic systems bridge shift to all-electric subsea oil & gas production?

    9 January 2024
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Market Outlooks, Technology, Transition

    Castrol, part of the BP group, has provided its take on whether hydraulic systems will be thrown out with the all-electric subsea production bathwater.

  • Ocean Power Technologies gets $1.6 million USV order

    24 October 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition, Vessels

    Ocean Power Technologies (OPT) has received an order from Sulmara for multiple uncrewed surface vehicles (USVs), representing the largest single order of WAM-Vs to date. The order is valued at $1.6 million. Due to demand, production is already underway and will allow for revenue recognition this fiscal year. According to OPT, the WAM-V 16 is designed to adapt to […]

  • Woodside to purchase LNG from Mexico Pacific’s Saguaro Energia project

    6 December 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Australian energy giant Woodside has signed an agreement with Mexico Pacific, a developer of the LNG export project in Puerto Libertad, Sonora, to purchase 1.3 million tonnes per annum (mtpa) of LNG for 20 years. Under the agreement, Woodside will purchase the LNG from the Saguaro Energia LNG project, located in Puerto Libertad, Sonora, on […]

  • Buffeted by market volatility, Shell’s profit slumps but overall performance remains ‘strong’

    2 November 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Project & Tenders

    Shell has joined its peers in posting solid operating and financial performance for the third quarter of 2023.

  • BeHydro’s hydrogen dual-fuel engine receives LR’s blessing

    13 November 2023
    Certification & Classification, Equipment

    Classification society Lloyd’s Register (LR) has awarded a type approval to BeHydro, a joint venture between CMB.TECH and Anglo Belgian Corporation (ABC), for its hydrogen-powered dual-fuel engine.

  • VIDEO: Thun Tankers hails delivery of first eco R-class tanker

    2 February 2024
    Vessels

    Swedish shipping company Thun Tankers, part of the Erik Thun Group, has taken delivery of its first eco Resource efficient-class (R-class) tankers, Thun Resource.

  • Rig en route to begin drilling campaign off Namibia

    20 October 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Portuguese oil and gas company Galp is getting ready to begin drilling a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries. Galp’s partner, Canada-based Sintana Energy, said on October 19 that the semi-submersible rig Hercules is currently in transit along the coast of West Africa and is […]

  • Report: Dongwon and Harim dueling for dominance in HMM bidding race

    24 November 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    In the ongoing contest for control of South Korean shipping line HMM, Dongwon Group and Harim Group have emerged as the primary contenders, narrowing down the field in this maritime competition. Previous reports indicated that four companies from South Korea were in the bidding race including, SM Group, LX Holdings, Dongwon Group, and Harim. German […]

  • HAV Hydrogen secures fresh funding for H2 energy system for ships

    13 February 2024
    Business & Finance, Business Developments & Projects, Green Marine, Technology

    HAV Hydrogen, a subsidiary of HAV Group, has received NOK 12.4 million (around $1.18 million) in funding from Innovation Norway to build, test, and certify a full-scale prototype of a containerized hydrogen (H2) energy system for ships called Zero Emission Pod. The Zero Emission Pod is a complete deck house where several fuel cells are […]

  • Euronav names LNG-ready newbuild duo

    1 November 2023
    Business Developments & Projects, Green Marine, Vessels

    South Korean shipbuilder Hyundai Samho Heavy Industries hosted a christening ceremony last week for Euronav’s two tanker newbuilds, MV Brest and MV Bristol. The two 157,000 dwt Suezmax tankers were ordered back in 2021 costing $186 million en-bloc, and including $4.2 million in additions and upgrades to the standard specifications.  Euronav said at the time […]