Search results for: race bank

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  • Capital Product Partners grows fleet with Panamax trio

    1 February 2021
    Business & Finance, Infrastructure, Outlook & Strategy, Vessels

    Greece-based shipowner Capital Product Partners L.P.(CPLP) has decided to acquire three 5,100 TEU sister container vessels from Capital Maritime & Trading Corp.

  • NextGeo wraps up offshore surveys for TenneT

    10 May 2022
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders

    London-headquartered NextGeo has completed offshore route survey activities for transmission system operator (TSO) TenneT on three wind zones in the Dutch North Sea. NextGeo finished the final reporting phase of the offshore survey operations (non-UXO) for the Hollandse Kust West Beta (HKWb), Ten Noorden van de Waddeneilanden (TNW) and IJmuiden Ver Alpha, Beta and Gamma export […]

  • Shell books Velesto rig for seven wells

    8 April 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Malaysian offshore drilling contractor Velesto Drilling has been awarded a contract by Shell for the provision of jack-up rig services.

  • MaRINET2 launches final call for applications

    1 September 2020
    Business Developments & Projects, Equipment, Innovation, Research & Development, Technology, Transition

    The fifth and final call for the EU-funded MaRINET2 project has opened, targeting offshore energy technology developers who are looking to test their device or components. The project offers fully-funded access to a network of testing and research infrastructures in Europe. Open until 16 October, the call will grant access developers of offshore wind, wave […]

  • Westports Continues Expansion with the CT8

    7 November 2014
    Business & Finance, Project & Tenders

    Westports Malaysia has decided to embark on the “Container Terminal 8 Expansion Plan” which is critical in ensuring the continuous growth of the company moving forward. The company recorded a 12% surge in its container volume throughput to 6.18 million TEU in the first 9 months of 2014. The company’s container volume has hit the 700,000 TEU mark […]

  • Montrose: MURA Board OKs Uncompahgre Loan

    14 March 2019
    Business & Finance

    The City of Montrose, Colorado, has announced that funding for the first stage of river restoration improvements on the Uncompahgre River has been approved after the Montrose Urban Renewal Authority (MURA) board moved to match grant funds for the project.   During its regularly scheduled meeting on March 6, the MURA board approved a $1.1 […]

  • Cutter Suction Dredger General MacArthur Hits the Water

    12 December 2019
    Business & Finance, Equipment, Technology, Vessels

    Callan Marine, a Texas-based, family-owned dredging business founded in 2009, recently launched the General MacArthur, one of the largest cutter suction dredgers (CSDs) in the U.S. market. At 290 feet in length and a 9 foot draft, the General MacArthur boasts 24,000 total installed horsepower. Powered by 3 Cat-MAK diesel engines, the dredger has a […]

  • Maersk is keen on retrofitting existing fleet to methanol

    11 May 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    A.P. Moller – Maersk, one of the world’s leading shipping companies with a fleet of over 700 vessels, is looking at retrofitting its existing fleet to run on green methanol as part of its sustainability agenda. The company has emerged as an early adopter of methanol as marine fuel for its newbuilds and it is […]

  • CMA CGM’s third LNG-powered giant delivered

    30 November 2020
    Infrastructure, Vessels

    CMA CGM’s third ultra-large LNG-powered containership Palais Royal left the Jiangnan shipyard on Changxing Island.

  • The Netherlands: Maasvlakte 2 Block Dam Over Halfway Done

    6 October 2011

    Since starting at the end of April 2011, the Blockbuster has placed almost 2 kilometres of new block dam. Over half of the 3.5-km breakwater is now in the sea. The block dam is an essential part of the hard seawall that will protect Maasvlakte 2 in the northwest against the forces of the sea. […]

  • Poland’s PGNiG spins drill bit at Fat Canyon prospect

    1 October 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    PGNiG has started drilling an exploration well offshore Norway following a takeover of Ineos’ Norwegian assets.

  • Hurricane and Bluewater agree on charter extension for Aoka Mizu FPSO

    28 March 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Hurricane Energy has signed a contract with Bluewater, the owner of the Aoka Mizu FPSO, for an extension to the bareboat charter.

  • Ports of Auckland welcomes world’s first full-sized, electric tug

    21 June 2022
    Infrastructure, Ports & Logistics, Vessels

    New Zealand’s Ports of Auckland has welcomed the world’s first full size, ship-handling electric tugboat.

  • UK: Falmouth Welcomes Shipping Minister

    14 April 2011

    Shipping Minister Mike Penning has today backed proposals by Falmouth Harbour Commissioners (FHC) for the future of the port, which could create hundreds of jobs over the next five years and safeguard the local economy. During the two-hour visit Mr Penning was given a guided tour of the harbour onboard pilot boat Trelawney, and learned […]

  • First well in Black Sea drilling campaign uncovers multiple potential gas zones

    21 October 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    The first well in Trillion’s 2022 – 2023 drilling campaign in the Black Sea has identified numerous potential gas zones on logging.

  • Clarksons: 65 pct of cruise industry’s orderbook to run on alternative fuels

    25 May 2023
    Green Marine, Outlook & Strategy, Transition, Vessels

    The cruise industry is pushing forward with the uptake of alternative fuels as part of its decarbonization efforts, with 65 percent of the current orderbook being capable of running on alternative fuels, data from Clarksons shows. What is more, the focus of the newbuilding intertest has shifted to smaller expedition/ luxury units, from the previous […]

  • Woodside to go ahead with Myanmar exploration plans regardless of coup

    19 February 2021
    Authorities & Government, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy

    Australian energy giant Woodside Petroleum believes that the military coup in Myanmar is just “a transitionary issue” and would not affect its offshore drilling plans.

  • Enpro Set for FIS Technology Subsea Trials

    7 February 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Enpro Subsea has started onshore testing on its Flow Intervention Services (FIS) technology, backed by £1.5-million investment, ahead of planned subsea field trials later this year. The company had previously developed a lower pressure (10kpsi) version of their tool and this investment has allowed them to develop the higher rated (15kpsi) version, extending its operating capabilities […]

  • Maersk, Mercedes-Benz, Microsoft & others partner up on a net-zero future

    22 July 2020
    Business & Finance, Transition

    Nine companies including A.P. Moller – Maersk, Danone, Mercedes-Benz AG, Microsoft Corp., Natura &Co, NIKE, Starbucks, Unilever, and Wipro, as well as Environmental Defense Fund (EDF) are launching a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to develop and deliver research, guidance, and implementable roadmaps to enable all businesses to achieve net […]

  • German government takes control of Uniper to secure energy supply

    21 September 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    The German government has signed an agreement in principle with energy companies Fortum and Uniper for a long-term solution that will allow the German State to take full control of Uniper and secure energy supply in the country. The parties have agreed on an amendment to the package of measures announced on 22 July 2022 […]

  • Environmental group seeks injunction against Woodside’s Scarborough gas project

    21 June 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Rules & Regulation

    Woodside and its Scarborough offshore gas project are facing a legal challenge as the AFC is seeking an injunction to restrain activities.

  • Noble gets rid of five cold-stacked floating rigs

    5 November 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Offshore drilling contractor Noble Corporation has decided to sell five of its cold-stacked drilling rigs.

  • Evac BWTS selected for Irish Lights aids to navigation vessel

    14 May 2020
    Equipment, Infrastructure, Vessels

    Evac Group’s Evac Evolution BWTS has been selected for installation on the ILV Granuaile, an aids to navigation vessel operated by the Commissioners of Irish Lights.

  • Drewry bullish on methanol’s role in decarbonizing shipping

    5 July 2021
    Outlook & Strategy, Transition, Vessels

    UK-based shipping consultancy Drewry expects half of the vessels ordered after 2025 to have dual-fuel engines, with a large percentage using methanol as marine fuel. Methanol is viewed as a good replacement for traditional marine fuels due to its potential to reduce GHG emissions since it doesn’t contain NOx and Sulfur and PM emissions are […]

  • Wellesley strikes out in North Sea well

    27 January 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Wellesley has concluded the drilling of a wildcat well north of the Gjøa field in the northern North Sea, but the well turned out to be dry.