10000 results found for 'iceland'

10000 results found for 'iceland'
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  • Eimskip, Royal Arctic Line Enter Capacity Sharing Deal

    23 May 2016
    Business & Finance

    Iceland’s Eimskip and Greenland-based Royal Arctic Line signed a letter of intent to connect Greenland into Eimskip’s international sailing system through a capacity sharing agreement involving larger vessels. Under the agreement, the companies plan to invest in and operate three approximately 2,000 TEU container vessels which will be designed and built for the special weather conditions […]

  • Subsea cable deal in Iceland enables Chinese firm to widen its grasp over Europe’s energy market

    29 August 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Hengtong Submarine Power Cable has secured a new submarine power cable project in Iceland.

  • VARD cuts steel for second Island Offshore hybrid ocean energy construction vessel

    3 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition, Vessels, Vision

    Norwegian shipbuilder VARD has cut the first steel for the second hybrid power ocean energy construction vessel (OECV) it is building for compatriot shipping group Island Offshore, some four months after the first steel was cut for the first vessel. Island Offshore placed an order with VARD for the design and construction of the first hybrid power […]

  • Eimskip’s Containership Suffers Steering Glitch

    23 July 2015
    Business & Finance

    Eimskip’s containership M/V Lagarfoss experienced a malfunction on Wednesday evening while en route to Reykjavik, some 70 nautical miles south east of the Icelandic coast. The Icelandic shipping company said that the malfunction occurred in the vessel’s steering gear while under way. However, there was no danger to crew, cargo or the vessel as the weather conditions were favorable. The […]

  • Eimskip Launches New Container Vessel in Weihai, China (VIDEO)

    2 September 2013
    Business & Finance

    The first of two new container vessels of Eimskip was launched in Weihai in China last Sunday. The launching went well and it’s expected that the vessel will be delivered in the beginning of January 2014, and that she will call her home port in Iceland the second quarter 2014. The second vessel is expected […]

  • Morlais tidal energy project scales up as Cydnerth construction begins

    31 July 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology

    Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South Stack) with the national grid. The £16 […]

  • Eimskip’s Containership Suffers Steering Glitch

    23 July 2015
    Business & Finance

    Eimskip’s containership M/V Lagarfoss experienced a malfunction on Wednesday evening while en route to Reykjavik, some 70 nautical miles south east of the Icelandic coast. The Icelandic shipping company said that the malfunction occurred in the vessel’s steering gear while under way. However, there was no danger to crew, cargo or the vessel as the weather conditions were favorable. The […]

  • Evergas, Ultragas launch company specializing in transport of captured CO2

    19 May 2021
    Carbon Capture Usage & Storage, Collaboration, Environment, Transition, Vessels

    Danish shipping companies Evergas and Ultragas have established Dan-Unity CO2, the first shipping company specialized in vessels for the transport of captured CO2 for storage and re-use. The company has set up a partnership with Carbfix, an Icelandic startup specializing in C02 storage. The duo plans to be ready to offer transport and storage of CO2 […]

  • Strike Looms Over Eimskip

    10 January 2017
    Business & Finance

    Icelandic shipping company Eimskip could see a portion of its employees working on the company’s containerships take industrial action after not reaching an agreement with one of the unions. Eimskip’s vessel crewmen who are members of the Iceland Seaman’s Union could go on strike on January 16 if the agreement is not reached by then, Eimskip said. Negotiations […]

  • Eimskip agrees to pay $12 million to settle collusion case

    18 June 2021
    Authorities & Government, Business & Finance, Regulation & Policy, Rules & Regulation

    Eimskip and the Icelandic Competition Authority have reached a settlement over a collusion case investigation linked to the Dutch company Samskip. The competition case has been under investigation for the past years, where the main period of investigation was 2008 to 2013. The Icelandic shipping company said that with the settlement, it is acknowledged that there was […]

  • Emerald Networks and TE SubCom Sign System Supply Contract for Trans-Atlantic Cable System

    16 March 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Emerald Atlantis Limited (Emerald Networks) announced the selection of TE SubCom and the signing of a system supply contract. The execution of the contract, bringing it into force, enables the construction of the Emerald Express Trans-Atlantic Cable System. The first phase will provide both low-latency and ultra-high bandwidth capacity between New York and London, with […]

  • Iceland: New 10 Tonne “A“ Frame and External Sub Bottom Profiler Installed on MV Neptune

    1 March 2013
    Business & Finance

    Responding to client feedback and recommendation, Neptune have installed a new 10 Tonne x 8.0m “A“ Frame on the MV Neptune, enhancing her geotechnical capabilities by making provision for the safe deployment and recovery of most CPT and Vibrocore equipment. The new “A“ Frame will also be suitable for deploying medium to large sized ROV‘s/ […]

  • Fafnir Offshore takes delivery of ‘Polarsyssel’ PSV

    11 September 2014
    Business & Finance

    Today, Havyard Ship Technology’s build 120 ‘Polarsyssel’, a Havyard 832 L WE design, was delivered to Fafnir Offshore. It will go straight on assignment for the Governor of Svalbard.

  • Minesto-led consortium gets $2.6M for tidal microgrid in Faroe Islands

    30 June 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Minesto, a Swedish tidal energy developer, is leading a consortium of four that has been awarded a SEK 25 million (approximately $2.6 million) grant funding from the Swedish Energy Agency to build a complete microgrid installation in the Faroe Islands. The consortium includes Minesto, microgrid technology provider Capture Energy, Faroese utility company SEV, and IVL […]

  • Major expansion of the Port of Hanstholm planned

    15 March 2011

    Carl Bro in Denmark has signed a major contract with the Port of Hanstholm for a major expansion of the port. The Port of Hanstholm wishes to expand its position as the leading fishing port in Denmark and as a cargo hub for north-west Denmark. In addition the Port of Hanstholm will become a ferry […]

  • CLdN Launches New Service between Denmark and Sweden

    18 March 2016
    Business & Finance

    The Luxembourgian ro-ro company CLdN has started a new service between Denmark and the Port of Gothenburg for imports into Sweden targeting improved freight transport between Sweden, Norway, Iceland and the Faroe Islands. Namely, CLdN has begun calling at the Danish port of Hirtshals once a week en route from Zeebrugge in Belgium to the Port of […]

  • Wasted catches hit Europe’s cod

    12 September 2007

    Despite cod stocks in UK waters being at risk, fishermen are being forced to throw thousands of tonnes back into the sea dead while Iceland, an important supplier to much of Western Europe, is cutting the amount of cod it catches because of concern over falling stocks.

  • Panama tightens grip on STS oil transfers in crackdown on Russia’s ‘shadow fleet’

    26 May 2025
    Authorities & Government, Regulation & Policy, Rules & Regulation, Vessels

    The Panama Maritime Authority (PMA) has decided to strengthen the ship-to-ship (STS) oil transfer operation requirements for tankers flying the country’s flag to “shut the door” to Russia’s so-called shadow fleet. As disclosed, the decision was made to address two vital issues at once: the operations of Russia’s dark fleet and the need to ‘bolster’ […]

  • Iceland’s First Electric Ferry to Feature ABB Technology

    14 February 2019
    Business & Finance

    New electric ferry to operate on an Icelandic route will feature ABB’s technology.

  • Eimskip in Growth Mode

    23 February 2018
    Business & Finance

    Eimskip ended 2017 with a net income of EUR 16.8 million, down from EUR 21.9 million seen a year earlier.

  • Norway: NPD Presents Important New Research Results in Dreki Area

    31 January 2012
    Business & Finance, Operations & Maintenance, Research & Development

    The Norwegian Petroleum Directorate (NPD) and the University of Bergen presented important new research results in the Dreki Area at the 30th Nordic Geological Winter Meeting in Reykjavík. Data was acquired from both the Icelandic and Norwegian sides of the ridge. The oldest samples collected from the seabed at Jan Mayen are 260 million years […]

  • Top News of the Week March 18 – 23, 2013

    24 March 2013
    Business & Finance, Equipment, Project & Tenders

    Top News of the Week March 18 – 23, 2013

  • First Ship Bunkered with LNG at Copenhagen Malmo Port

    1 June 2018

    Copenhagen Malmö Port starts offering LNG bunkering services as the first ship was successfully bunkered with LNG.

  • Cemre Shipyard Splashes Another for Havyard

    6 March 2014

    Turkish shipbuilder, Cemre Shipyard launched a state-of-the-art platform supply vessel (PSV), the Polarsyssel a few days ago. The vessel is being built for the Norwegian Havyard Group based on the order of Icelandic oil service company Fafnir Offshore. Polarsyssel is a PSV of Havyard 832L L WE design, specially built for operations under extremely harsh […]

  • Expedition Cruise Operators Agree on Voluntary Arctic HFO Ban

    13 November 2019
    Business & Finance

    The Association of Arctic Expedition Cruise Operators approves a self-imposed ban on the use of HFO in the Arctic.