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  • California’s bill facilitating bid for Regional Clean Hydrogen Hub clears State Senate

    1 June 2022
    Authorities & Government, Regulation & Policy

    On 26 May, the California Senate passed a bill that would mobilise funds from the State Treasury to support clean hydrogen projects and match federal funds granted to a regional clean hydrogen hub.

  • Brittany Ferries’ 2nd LNG-powered E-Flexer launched in China

    12 January 2021
    Environment, Infrastructure, Transition, Vessels

    French shipping company Brittany Ferries has unveiled the name of its newest LNG-powered E-Flexer ferry.

  • USA: Eagle completes first foreign-flagged vessel LNG bunkering

    8 September 2020
    Infrastructure, Ports & Logistics

    Eagle LNG’s Talleyrand bunker station in Jacksonville has completed the first liquefied natural gas bunkering of a foreign-flagged vessel.

  • Ghana to Reclaim Sea for Tema Port Expansion

    15 May 2012

    The Ghana Ports and Harbours Authority (GPHA) has initiated steps to reclaim about half a kilometer of sea three kilometers westward of the Tema Port to secure more space for expansion to meet increasing demands of the maritime industry, reports the Government of Ghana official portal. The expansion project, expected to cost about $1 billion, […]

  • Ventura Harbor Dredging Set for Next Month

    26 January 2016
    Business & Finance

    Ventura Port District officials, working with the U.S. Army Corps of Engineers and the U.S. Coast Guard, have launched a two-phased program to address safety issues at the Ventura Harbor entrance. This scheme is aimed to ensure that the upcoming dredging operation that is already scheduled can be expanded to address the heavy shoaling due […]

  • FPC Presents Federal Challenges to Congressional Delegation (USA)

    15 February 2013
    Business & Finance

    The Florida Ports Council (FPC), represented by the Chairman, Bill Johnson, PortMiami; Legislative Co-Chairmen, Paul Anderson, Port of Tampa, and Steve Cernak, Port Everglades; Stan Payne, Port Canaveral; and Carlos Buqueras, Port Manatee, presented the FPC Federal Legislative agenda to the Florida Congressional Delegation yesterday. “With the state of Florida leadership already committed to creating […]

  • Anaklia Port Scheme to Kick Off in December

    17 October 2017
    Business & Finance

    Construction works on the Anaklia Deep Sea Port are scheduled to begin on December 20, it was announced at a meeting between Anaklia Development Consortium (ADC) and Georgian business sector representatives held at the Tax Payers Union’s office on October 12. During the meeting, Mamuka Khazaradze, ADC Co-Founder, said: “Anaklia Deep Sea Port is a project […]

  • Halliburton cuts dividend due to market conditions

    21 May 2020
    Business & Finance, Business Developments & Projects

    Halliburton has decided to cut its dividend amid uncertainties related to the duration of the market downturn.

  • BW LPG’s 1st retrofit to LPG as fuel set for completion by October 2020

    26 August 2020
    Environment, Transition, Vessels

    The LPG deck tanks intended for retrofitting of the BW Gemini, an LPG tanker operated by Singapore-based BW LPG, the world’s largest liquid petroleum gas shipping company, are en route for installation, the company said in an update. BW Gemini is the first of the initial two vessels selected for retrofitting to LPG as fuel […]

  • It’s all about power flow

    19 October 2020

    Integration of renewable energies on a ship – and in other island networks Interview with Jeroen van Tilborg, founder and managing director of the Dutch D&A Electric Diesel engines are used to drive the ship. The power required for other auxiliary drives and for the on-board power grid is mostly generated by diesel generators. For […]

  • Officials Break Ground on South Carolina Inland Port (USA)

    1 March 2013

    Progress on a new inland port in Greer, South Carolina took a significant step forward today, as more than 200 port users, stakeholders, community leaders and elected officials came together to break ground at the site. The South Carolina Inland Port (SCIP) will extend the reach of the South Carolina Ports Authority’s (SCPA) marine facilities […]

  • SOFEC delivers equipment for Eni’s Mexico-bound FPSO

    2 March 2021
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Vessels

    Offshore mooring systems provider SOFEC has delivered key pieces of equipment for a MODEC FPSO vessel, which will operate for Eni in waters offshore Mexico.

  • Report: Egypt to seek over $1 billion in compensation for Suez blockage

    2 April 2021
    Business & Finance, Safety, Vessels

     Egypt will ask for over $1 billion in compensation for damages caused by the grounding of Ever Given and the resulting blockage of the Suez Canal last week, Reuters reports citing Suez Canal Authority (SCA) Chairman Osama Rabie as saying to local reporters. The compensation is also expected to cover the costs incurred for the massive […]

  • Equinor awards extensions worth over $1.3 bln to Norwegian suppliers

    11 February 2022
    Business & Finance, Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Transition

    Equinor has extended agreements with Norwegian suppliers valued at over $1.3 billion for maintenance and modification services.

  • Fehmarnbelt Tunnel to foster trade and tourism in Northern Europe

    14 May 2021
    Business Developments & Projects

    The Fehmarnbelt Tunnel, one of the largest and most important infrastructure projects in Europe, is advancing according to schedule. The project, aimed to eliminate one of the bottlenecks in the Scandinavian-Mediterranean Corridor that stretches between Northern Scandinavia and Malta, was approved in Denmark through the Danish Parliament’s adoption of the Construction Act in 2015. Construction […]

  • Next-gen FSRU system cuts fuel consumption, CO2 emissions by 50 pct

    17 August 2021
    Business Developments & Projects, Environment, Equipment, Infrastructure, Regulation & Policy, Technology, Vessels

    Fuel consumption and CO2 emissions of new generation floating storage regasification units (FSRUs) can be reduced by 50 per cent at maximum rated regas flow rate compared to conventional existing FSRUs, a new demonstration test found.

  • Neptune Energy’s North Sea project approved for August start-up

    28 July 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian authorities have granted consent for the start-up of the Neptune Energy-operated Duva field in the North Sea off Norway.

  • Aibel cuts steel for Dogger Bank C offshore platform

    21 April 2022
    Infrastructure

    Aibel has started the construction of the offshore converter platform for the third phase of the 3.6 GW Dogger Bank offshore wind farm – Dogger Bank C. The first steel for the platform was cut at Aibel’s Laem Chabang yard in Thailand. In keeping with the tradition, the steel was blessed by Thai monks prior […]

  • Fehmarnbelt Approval Ready for Signing

    3 January 2019
    Business & Finance

    The Ministry of Transport of Schleswig-Holstein announced last week that the plan approval of the Fehmarnbelt tunnel is ready to be signed. In accordance with German regulations, Femern A/S now has 14 days to review the approval before it is signed. During this process, only minor editorial changes may be made. “I am delighted and […]

  • IMO ready to make the plunge toward zero emissions goal by 2050?

    9 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Countries seem to be prepared to phase out shipping’s emissions by 2050, based on the first rounds of technical talks at the UN’s maritime regulator International Maritime Organization (IMO). Furthermore, support appears to be building for the IMO to also adopt an ambitious 2030 interim target for cutting emissions from ships. Specifically, the IMO’s Intersessional […]

  • Governors Applaud Introduction of Legislation to Fix Harbors (USA)

    4 February 2013
    Business & Finance

    The Great Lakes Governors applauded recently introduced legislation in Congress that would permanently fix the nation’s dysfunctional funding program to maintain ports and harbors. Specifically, the Governors pledged their support for the Realize America’s Maritime Promise (RAMP) Act, H.R. 335, and commended the sponsors for their leadership in introducing this bill. Once enacted, this legislation […]

  • USA: Next Phase of Waikiki Beach Replenishment Set for March 12

    2 March 2012

    An ongoing three-month public-private partnership to improve Waikiki Beach by restoring this valuable and heavily utilized recreational area will shift into active beachbuilding phase beginning March 12. The Department of Land and Natural Resources (DLNR) is conducting a project to restore sand to approximately 1,730 linear feet of shoreline from the west end of the […]

  • Marineco UK Orders First-Ever Damen High Speed Support Vessel 2610

    4 September 2010
    Business & Finance, Vessels

    Damen Shipyards Group is proud to announce the sale of its first-ever Twin Axe Catamaran, the Damen High Speed Support Vessel (HSSV) 2610, which is particularly suited for the offshore wind industry. Marineco UK, based in Edinburgh, Scotland, recently signed for the new HSSV 2610 with an option for a second. The Scottish firm already […]

  • Preparations Underway for Jeffrey Lake Dredging

    12 April 2017
    Business & Finance

    The Central Nebraska Public Power and Irrigation District is making preparations for a second round of dredging at Jeffrey Lake, set to begin in early May. Last summer, Central removed a large amount of sediment from the lake and this year they have leased a larger dredger and will renew its efforts to improve conditions for […]

  • USA: Orion Marine Group, Inc. Reports Second Quarter 2010 Results

    5 August 2010
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended June 30, 2010, of $7.0 million or $0.26 diluted earnings per share (based on 27,200,611 diluted shares outstanding). These results compare to net income of $6.3 million or $0.28 diluted earnings per share (based on 22,148,304 […]