10000 results found for 'elgin'

10000 results found for 'elgin'
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  • ABB, Royal Caribbean enter long-term service pact to ‘boost’ vessel efficiency

    4 July 2025
    Business Developments & Projects, Collaboration, Safety, Vessels

    Swedish-Swiss technology company ABB has inked a fifteen-year service agreement with the Florida-headquartered cruise holding company Royal Caribbean Group to improve vessel efficiency and tighten collaboration on maritime decarbonization. As informed, the deal encompasses 33 existing ships. The agreement reportedly covers preventive maintenance and digital solutions to support and ‘optimize’ propulsion operations, boost the vessels’ […]

  • Danish project set to measure sail-assisted emission reductions in shipping

    25 June 2025
    Business Developments & Projects, Project & Tenders, Research & Development, Technology, Vessels

    Danish ship owner and operator Uni-Tankers has equipped its vessel Jutlandia Swan with VentoFoils wingsails to collect new real-life data that will provide insights into the effect of wind-assisted sails on commercial vessels.

  • Canopée proves wind propulsion potential on transatlantic voyage

    20 June 2025
    Infrastructure, Vessels

    Two years after its launch, Canopée— believed to be the first industrial cargo vessel equipped with four automated OceanWings—has demonstrated the potential of wind-assisted propulsion.

  • Final design unveiled for Port of Newcastle’s Clean Energy Precinct project

    8 July 2025
    Authorities & Government, Business Developments & Projects, Exploration & Production, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Storage, Transition, Vision

    Australia’s Minister for Climate Change and Energy, Chris Bowen, joined by Deputy Speaker of the House of Representatives, Sharon Claydon, and Port of Newcastle’s CEO, Craig Carmody, has unveiled the final design of the Clean Energy Precinct (CEP) project, marking a step toward positioning the site as a hub for future clean energy production and export.

  • As new stakeholder joins, LDA ready to future-proof business with €1B investment

    1 July 2025
    Business & Finance, Business Developments & Projects

    InfraVia, a France-based private equity company, has completed the acquisition of an 80% majority stake in compatriot maritime company Louis Dreyfus Armateurs (LDA).

  • ‘World’s first’ LCO2/methanol carrier gets stamp of approval

    30 June 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Infrastructure, Outlook & Strategy, Regulation & Policy, Research & Development, Vessels

    Japanese shipping major Mitsui O.S.K. Lines (MOL) and compatriot Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI), have secured approval in principle (AiP) for their jointly developed liquefied CO2 (LCO2)/methanol carrier.

  • Eco Wave Power sets launch date for first US wave energy pilot 

    26 June 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vision

    Wave energy developer Eco Wave Power and AltaSea have agreed on a launch date for the first U.S. onshore wave energy pilot, scheduled for September 9, 2025, at the Port of Los Angeles. Inna Braverman, CEO and founder of Eco Wave Power, and Ran Atias, the company’s VP of Engineering, met with Terry Tamminen, CEO […]

  • Seventh FPSO prepares to join Petrobras’ Santos Basin field

    30 June 2025
    Business Developments & Projects, Project & Tenders

    A sailaway ceremony has been held to mark the departure of a floating production storage and offloading (FPSO) unit from Seatrium’s yard in Singapore to a field offshore Brazil operated by the country’s state-owned energy major Petrobras.

  • HD KSOE and Cochin Shipyard forge strategic shipbuilding partnership

    7 July 2025
    Business Developments & Projects, Collaboration, Transition, Vessels

    South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), an arm of HD Hyundai, has joined forces with Cochin Shipyard Limited (CSL), the largest state-owned shipbuilder in India, to set up long-term cooperation in the vessel construction sector. As disclosed, the deal marks a ‘full-scale’ entry into the market for the South Korean company, […]

  • OneSubsea to deliver CO2 injection system for Northern Lights expansion

    25 June 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    SLB OneSubsea has secured an engineering, procurement and construction (EPC) contract with Norwegian state-owned energy company Equinor for a subsea CO2 injection system destined for the second phase of the Northern Lights CO2 transport and storage project. Northern Lights constitutes the transport, reception and storage part of Norway’s Longship full-scale carbon capture and storage (CCS) project, […]

  • WATCH: Aker BP slotting puzzle pieces in place to ensure North Sea oil project’s 40-year lifespan

    10 July 2025
    Business & Finance, Business Developments & Projects

    Aker BP is piecing together the remaining sections of the utility model puzzle designed for a production and wellhead platform (PWP) that will help ensure hydrocarbon production at its field in the southern part of the Norwegian sector in the North Sea for 40 more years.

  • Japanese duo starts building Shell’s Brazil-bound FPSO

    30 June 2025
    Business Developments & Projects, Project & Tenders

    The steel-cutting ceremony for a floating production storage and offloading (FPSO) unit destined for a field offshore Brazil operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell was held at the Sumitomo Heavy Industries’ Yokosuka shipyard in Japan.

  • Tsuneishi ‘strengthens’ shipbuilding portfolio with full acquisition of Mitsui E&S unit

    3 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Japan’s Tsuneishi Shipbuilding has made the decision to acquire all shares of compatriot Mitsui E&S Shipbuilding from ship equipment manufacturer Mitsui E&S, making it a wholly-owned subsidiary. The transaction was made official on June 30 this year. Going forward, Mitsui E&S Shipbuilding will operate under the name Tsuneishi Solutions Tokyobay. The name change was initially […]

  • HD Hyundai affiliates partner to advance autonomous maritime solutions

    2 July 2025
    Automation, Business Developments & Projects, Collaboration, Research & Development, Technology, Vessels

    Two affiliates of South Korea’s conglomerate HD Hyundai have entered an agreement to jointly ‘fast-track’ the adoption and expansion of autonomous navigation technology at sea. As disclosed, autonomous navigation systems provider Avikus and ship design affiliate HD Hyundai ENT (formerly E&T) inked a memorandum of understanding (MoU) on July 1, aiming to push this technology […]

  • EPCC deal inked for next stage of Thailand’s third LNG terminal

    2 July 2025
    Business Developments & Projects, Project & Tenders

    Thailand’s Gulf Development Company has signed an engineering, procurement, construction, and commissioning (EPCC) contract with the PEC-CAZ Consortium for the next phase of a liquefied natural gas (LNG) terminal on the eastern coast of the Gulf of Thailand.

  • TES and CPC Finland partner on large-scale e-NG project at Port of Rauma

    27 June 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Exploration & Production, Green Marine, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Technology

    Tree Energy Solutions (TES) and CPC Finland have established a joint company, Luoto Energia, that will develop a large-scale e-NG project at the Port of Rauma in Finland.

  • Wärtsilä picks up lifecycle optimization job for LNG vessel duo

    2 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Wärtsilä has landed a multi-year deal to provide enhanced operational support for two liquefied natural gas (LNG) carriers (LNGC) with Athens-based LNG management company, Alpha Gas.

  • Innosea rebrands as OWC, strengthening ABL Group’s renewables offering

    17 June 2025
    Business Developments & Projects, Collaboration, Human Capital, Outlook & Strategy, Transition, Vision

    French marine renewables consultancy Innosea is rebranding as OWC, finalizing its integration into the ABL Group’s global renewable energy advisory unit. The move consolidates Innosea’s research and development (R&D) and engineering capabilities under the OWC name, while structural, hydrodynamics, and foundations teams transition to ABL’s offshore wind design subsidiary, Longitude. “Since 2012 we have built […]

  • PowerCell lands order for new MS-500 marine fuel cell system

    1 July 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Green Marine, Outlook & Strategy, Technology

    PowerCell has signed a SEK 44 million (around $4.626 million) agreement with an undisclosed Italian marine OEM for the development and delivery of a new MS-500 marine fuel cell system.

  • Subsea7 gets to work on ‘substantial’ contract in Norway

    18 June 2025
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Project & Tenders

    Subsea7 has secured an engineering, procurement, construction and installation (EPCI) contract covering pipeline bundles, spools, protection covers and tie-ins for a project in Norwegian waters. While no details were disclosed, Subsea7 did state that the contract was substantial, meaning it is worth between $150 million and $300 million. Project management and engineering will start right […]

  • MODEC and Toyo JV raises the curtain on new strategic FPSO hub in India

    17 June 2025
    Business & Finance, Business Developments & Projects

    MODEC and Toyo Engineering India have set up a global capability center (GCC) in India’s Bengaluru, as a joint venture company, named TOYO MODEC OFS India (OFS India), which is envisioned to serve as a strategic hub that will create high-value job opportunities for engineering, procurement, and floating production, storage, and offloading (FPSO) project support.

  • ABS greenlights floating nuclear SMR design by HD Hyundai affiliates

    20 June 2025
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Research & Development, Rules & Regulation, Technology

    Classification society American Bureau of Shipping (ABS) has issued approval in principle (AIP) to the affiliates of South Korean conglomerate HD Hyundai – HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) – for a concept of a floating small modular reactor (SMR) unit.

  • Satellite down for the count but fight against methane in oil & gas realm will go on

    4 July 2025
    Business & Finance, Business Developments & Projects, Environment, Transition

    MethaneSAT has lost contact with a satellite developed to shed light on methane emissions that other tools cannot detect, with a focus on oil and gas operators as the largest industrial source of the methane menace.  

  • RINA is new owner of Finland’s Foreship

    19 June 2025
    Business & Finance, Business Developments & Projects, Certification & Classification, Regulation & Policy

    RINA, an Italy-based multinational engineering consultancy, inspection and certification group, has acquired the entire share capital of Foreship, a Finnish ship design and engineering company.

  • 12-year-old vessel at work for Equinor after rebuild project

    27 June 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    A construction support vessel (CSV) owned by Norway’s shipping player Rem Offshore has begun working for Norwegian state-owned energy giant Equinor following an extensive rebuild and mobilization project. In pursuit of more sustainable operations, efficiency enhancements, and cost savings, Rem Offshore announced in September last year that Norwegian Electric Systems (NES) was to furnish REM […]