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  • Two More Early Restoration Projects Approved (USA)

    24 December 2012
    Business & Finance

    Additional early restoration projects totaling about $9 million will begin along the Gulf Coast in 2013, according to the Deepwater Horizon oil spill Natural Resource Damage Assessment trustees. Following a 30-day public comment period on the “Deepwater Horizon Oil Spill Phase II Early Restoration Plan & Environmental Review,” the NRDA trustees have finalized plans allowing […]

  • CMA CGM, multinationals urge world leaders for green recovery from coronavirus

    20 May 2020
    Authorities & Government, Collaboration, Environment, Outlook & Strategy

    French container shipping major CMA CGM and other major multinationals have reaffirmed their science-based commitments to achieving zero-carbon economy and called on governments to march their ambition in largest ever UN-backed CEO-led climate advocacy effort.

  • Offshore drilling scene ‘very promising’ for Noble, as it works on bringing to life ‘leading’ market player

    27 February 2023
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders

    Noble Corporation has reaped the benefits of its combination with Maersk Drilling, as shown within its results for 4Q 2022.

  • In focus: Governments take the lead in funding energy transition projects

    10 December 2021
    Authorities & Government, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Storage, Technology, Transition, Vessels

    Although the year draws to a close and embraces the holiday spirit, the global energy transition shows no signs of slowing down. In the week behind us, we witnessed that governments spare no expense to support clean energy projects and step up the energy transition game.

  • Oil and gas operators brace for impact as storm Zeta gains strength in Gulf of Mexico

    27 October 2020
    Authorities & Government, Environment, Exploration & Production, Regulation & Policy, Safety

    Oil and gas operators are evacuating their offshore personnel from facilities in the U.S. Gulf of Mexico as Zeta nears hurricane strength.

  • More North Sea gas thanks to UK’s broader entry specification limit

    23 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    The UK government has made a decision to widen the country’s gas entry specification limit, enabling more North Sea gas to enter the country’s National Transmission System (NTS).

  • Maritime sector teams up with hydrogen leaders to scale up green hydrogen production

    14 November 2022
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Shipping organizations and initiatives across the shipping value chain, joined by the largest producers of green hydrogen, today signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate shipping’s decarbonization. The Joint Statement on Green Hydrogen and Green Shipping, facilitated […]

  • After missiles hit Black Sea platforms, reports indicate fire still burning

    23 June 2022
    Environment, Exploration & Production, Safety

    Following an alleged missile strike on three platforms in the Black Sea, satellite images indicate the fire is still burning at the site.

  • MSC agrees to pay settlement over California oil spill

    13 February 2023
    Authorities & Government, Business & Finance, Green Marine, Regulation & Policy, Vessels

    Swiss-based container shipping major MSC Mediterranean Shipping Company has accepted a proposal to jointly fund a settlement with claimants relating to the 2021 Orange County pipeline oil spill. The oil spill resulted in the discharge of approximately 25,000 gallons of crude oil in October 2021 during an offshore leak in the 17-mile-long San Pedro Bay […]

  • Shore and Harbor Planning Grants Awarded

    23 September 2014
    Business & Finance, Equipment, Technology

    The Maine Department of Agriculture, Conservation and Forestry’s Maine Coastal Program has announced that four coastal municipalities will be awarded $52,239 in Shore and Harbor Planning grants. These awards will provide planning and design support for harbor management, infrastructure and public access along the Maine coast. The grants are made possible by Maine’s federal coastal […]

  • USA: Delaware River Deepening Project 60 Pct Complete

    13 June 2013
    Business & Finance

    With the completion in late May of “Reach D”, an 11-mile stretch of the Delaware River’s main shipping channel in Delaware, the Delaware River Main Channel Deepening Project is now about 60 percent complete, reported officials of the Philadelphia Regional Port Authority (PRPA) this week. The deepening project, funded by both the federal government and […]

  • Golar Power and Galileo in Brazil LNG fuel move

    3 July 2020
    Business & Finance, Business Developments & Projects

    Golar Power has teamed up with Argentina’s Galileo Technologies to expand its LNG footprint in Brazil. Under the deal, Galileo will provide gas conditioning, distributed LNG production, LNG filling stations and regasification plants. Golar Power, a joint venture of Golar LNG and Stonepeak Infrastructure Partners, says this initiative will increase the share of local LNG […]

  • Strategic Marine launches new fast crew boat design

    20 September 2021
    Business & Finance, Business Developments & Projects, Vessels

    Singapore’s Strategic Marine has announced the launch of its new Aluminium 42m Gen 4 Fast Crew Boat (FCB) design.

  • Golden Ray removal suspended amid COVID-19 outbreak

    27 July 2020
    Vessels

    The removal operation of the car carrier Golden Ray has been paused amid the outbreak of the COVID-19 among the team on-site, which has resulted in the quarantine of around 50 personnel. St. Simons Sound Incident Unified Command said on Friday, July 24, that due to the latest developments the cutting and lifting operations of the […]

  • ENGIE steps up its energy transition, targets renewables

    21 February 2023
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vision

    French energy group ENGIE is moving to the second stage of its strategic plan, stepping up growth in the energy transition with an emphasis on renewables. The group said its 2021-23 strategic plan has been successfully executed and the time has come to move on to the second stage. ENGIE said its geographic footprint is […]

  • Australia: DEME Group, Van Oord to Start Gladstone Western Basin Dredging Project in June

    7 March 2011

      Dredging International (Australia) Pty Ltd and Van Oord Australia Pty Ltd have been awarded the Western Basin Main Works Dredging – Parcel 5 contract in the Port of Gladstone, Queensland, Australia. The client of this AUD 260 million. (€ 190 million) contract is the Queensland Gladstone Ports Corporation. The contract was signed on 4th March […]

  • Frontline posts strongest quarterly results in 14 years, remains bullish on tanker market outlook

    28 February 2023
    Business & Finance, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Norwegian tanker owner and operator Frontline revealed its highest quarterly net income since the second quarter of 2008 standing at $240 million for the fourth quarter of 2022. “The fourth quarter of 2022 may have given us a preview of the years to come in the tanker market as Frontline posts its best quarterly result in […]

  • Two Important New Offshore Windfarm Contracts Signed by Nordsee – GeoSea (both DEME Group) in German Waters

    31 August 2010
    Business & Finance, Project & Tenders

    The Joint Venture Nordsee Nassbagger- und Tiefbau Gmbh – GeoSea NV, both of them members of the Belgian dredging, marine engineering and environmental Group DEME, has been awarded two different contracts for prepiling and installation works to construct both the EnBW Baltic 2 wind farm, 32 km north of the island of Rügen, and the […]

  • Value Maritime to install world’s 1st onboard CCS unit on ship in operation

    10 September 2021
    Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Innovation, Outlook & Strategy, Transition, Vessels

    Dutch maritime technology company Value Maritime has developed an onboard CO₂ capture and storage solution for the maritime industry that will be installed onboard an operational vessel.

  • Zero-emission hydrofoil containership unveiled

    28 February 2022
    Business Developments & Projects, Environment, Infrastructure, Innovation, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vessels

    California-based marine technology startup Boundary Layer Technologies has revealed its operational plans and engineering design for a zero-emissions hydrofoiling containership, ARGO.

  • USA: Army Corps Receives USD 24 Million for New Jersey Water Projects

    9 February 2012

    U.S. Senators Frank R. Lautenberg (D-NJ) and Robert Menendez (D-NJ) recently announced the U.S. Army Corps of Engineers will receive more than $24 million for beach replenishment, flood mitigation, environmental restoration, and waterway navigation projects in New Jersey. “Last year, Hurricane Irene and other storms wreaked havoc on our state,” said Senator Lautenberg, a member […]

  • Logan Energy to deliver hydrogen hub in North Wales

    19 February 2021
    Authorities & Government, Business Developments & Projects, Infrastructure, Innovation, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition

    Scotland-based clean energy solutions provider Logan Energy has won a public tender contract with Welsh social enterprise Menter Môn to support the delivery of a hydrogen production plant, refuelling and distribution hub in Holyhead, North Wales.

  • Chasing carbon capture and sequestration options in one of the largest ports in U.S.

    1 March 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Outlook & Strategy, Ports & Logistics, Project & Tenders, Transition

    Talos has joined forces with the U.S. Port of Corpus Christi Authority and HEP to pursue CCS opportunities at the Port of Corpus Christi.

  • Methanol momentum: 25 ships in operation, 81 more on the way

    4 May 2023
    Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in the first three […]

  • UK: ITALDRAGHE Dredger Commissioning

    15 February 2013
    Business & Finance, Equipment, Technology, Vessels

    This exceptionally versatile and manoeuvrable dredger, built to Italian Naval Registry regulations, is perfect for precision dredging projects in marinas and waterways where disruption needs to be kept to a minimum. No wires are required and the dredger can operate inside marina finger berths so that the fingers do not need to be removed. The first MarinaMaster 8000, […]