10000 results found for 'iceland'

10000 results found for 'iceland'
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  • The era of oil in maritime is ending, UK government’s forecasts show

    26 August 2025
    Market Outlooks, Outlook & Strategy

    The UK’s Department for Transport has published new long-term forecasts showing a major shift in the way goods move through British ports, with oil and fossil fuel traffic expected to collapse while ferries, roll-on/roll-off (RoRo) and container shipping surge.

  • Massachusetts backs tidal and wave energy with $1.9 million grant

    14 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Operations & Maintenance, Outlook & Strategy, Project & Tenders

    The Marine Renewable Energy Collaborative (MRECo), a non-profit corporation dedicated to the sustainable development of ocean renewable energy, has been awarded nearly $1.9 million from the Massachusetts Clean Energy Center (MassCEC) to upgrade and expand its tidal and wave energy test sites, supporting the development of marine renewables across the state. The $1,885,870 funding package […]

  • BAR Technologies and Union Maritime secure double approval for dual-fuel LNG tanker duo fitted with WAPS

    1 October 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Regulation & Policy, Technology, Vessels

    UK-based shipping company Union Maritime (UML) and compatriot design and engineering firm BAR Technologies have received a green light from the Marshall Islands flag for the former company’s dual-fuel liquefied natural gas (LNG) tanker duo fitted with wind propulsion systems. As disclosed, the approval, which has confirmed that the two maritime players’ proposals covering bridge […]

  • AYK Energy marks battery renewal project on Svitzer’s diesel-electric tug quartet as complete

    4 November 2025
    Business Developments & Projects, Collaboration, Equipment, Technology, Vessels

    Andorra’s marine battery manufacturer AYK Energy has wrapped up a battery renewal deal for a quartet of hybrid tugs owned by Denmark-based towage service provider Svitzer. The units in question are the 33-meter-long diesel-electric tugboats presently operating at Chevron Australia’s Gorgon LNG terminal in Barrow Island, Western Australia, AYK Energy has noted. According to the […]

  • California regulator clears path for US firm to design and build zero-emission vessels

    24 September 2025
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Vessels

    U.S.-based ship design and building company Ghostworks Marine has been given the go-ahead from the California Air Resources Board (CARB) to develop and manufacture zero-emission electric-powered vessels. As disclosed, with this certification under its belt, the company has been authorized to offer its electric vessels to both private enterprises and public transit agencies across the […]

  • Sea Lion runs into setback as financing delays Falkland Islands’ $1.4B oil project

    30 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Israel’s Navitas Petroleum has put off a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), pushing it to the second half of the year for Phase 1 to put a financing plan in place.

  • UK player in talks for Equatorial Guinea offshore block farm-out

    4 August 2025
    Business Developments & Projects

    UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas has signed a non-binding heads of terms (HoT) with an undisclosed energy company to farm out an interest in a production sharing contract (PSC) offshore Equatorial Guinea.

  • Scotland’s giant tidal array project pencils in subsea works for next month

    28 November 2025
    Business & Finance, Business Developments & Projects

    A project, which is described as the world’s largest tidal stream energy development, has put subsea activities on the agenda for December 2025 in Scotland’s Pentland Firth.

  • All eyes on London as maritime industry readies to adopt first global carbon pricing scheme

    10 October 2025
    Regulation & Policy, Rules & Regulation

    Despite being far from perfect, the world’s first global carbon pricing scheme on any international polluter—global shipping— is expected to be adopted next week.

  • IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

    1 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Transition

    The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned that the IMO’s decision to delay its Net Zero Framework is creating a regulatory vacuum which threatens to fragment global shipping decarbonization efforts.

  • Germany’s SEFE and UAE’s ADNOC Gas strengthen energy ties with LNG deal

    10 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Germany’s Securing Energy for Europe (SEFE) has expanded its liquefied natural gas (LNG) arsenal through a multi-year LNG supply agreement with ADNOC Gas, a subsidiary of the UAE-headquartered ADNOC, bolstering Europe’s energy security.

  • Orkney-based firm expands subsea offering with wrap-up of local purchase

    13 August 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Outlook & Strategy, Project & Tenders, Technology, Vision

    Green Marine (UK), founded in 2012 in the Orkney Islands, Scotland, has strengthened its renewables-focused offshore subsea service offering with the acquisition of remotely operated vehicles (ROVs), survey equipment, vessel, personnel and contract agreements from Orkney-based Roving Eye Enterprises. The acquired assets include a range of ROVs and specialised survey equipment, as well as the […]

  • Damen signs contract with South Korea’s Starline for delivery of new fast ferry

    9 July 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels

    Dutch shipbuilding major Damen Shipyards Group has signed a contract with South Korea’s Starline for the delivery of a new Damen Fast Ferry 4212.

  • Shell approves Nigerian gas development to power LNG growth

    14 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of the UK-headquartered energy giant Shell, and Nigeria’s Sunlink Energies and Resources Limited have taken a final investment decision (FID) on a gas development offshore Nigeria.

  • DP World to breathe new life into Syria’s Port of Tartus

    14 July 2025
    Authorities & Government, Business Developments & Projects, Infrastructure, Ports & Logistics, Regulation & Policy

    The UAE-based logistics heavyweight DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of Tartus.

  • Catalina Express commissions Incat Crowther for new low-emission ferry design

    11 June 2025
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Ports & Logistics, Vessels

    Australia-based shipbuilder Incat Crowther has been commissioned by Los Angeles operator Catalina Express to design a new low-emission, renewable diesel-powered passenger ferry.

  • BAR Technologies to install wind propulsion tech on dual-fuel LR2 tanker pair

    22 July 2025
    Business Developments & Projects, Infrastructure, Technology, Vessels

    UK-based wind propulsion technology provider BAR Technologies has received an order for its propulsion system to be installed on two new long-range 2 (LR2) dual-fuel tankers operated by compatriot shipping company Union Maritime.

  • In push to strengthen Europe’s energy grid, EIB backs first Spain-France subsea link with €1.6B

    17 June 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The European Investment Bank (EIB) is supporting the construction of the first submarine electricity interconnection between Spain and France with €1.6 billion, in a push to improve the reliability of power supply among France, Spain and Portugal and with the rest of Europe. Delivered by Inelfe, a joint venture between the Spanish transmission system operator […]

  • Fugro’s largest-ever Asia Pacific award is for Eni’s deepwater gas fields

    7 August 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    The Netherlands-headquartered Fugro is set to perform site investigations for Italy’s energy giant Eni in Indonesia under its largest-ever award in the Asia Pacific (APAC) region. In its latest financial results report, Fugro revealed it had been tasked with a site characterisation program for the development of Eni’s Geng North and Gehem deepwater gas fields […]

  • World’s first solar energy system installation completed on seagoing ship

    31 October 2025
    Business Developments & Projects, Innovation, Technology

    Dutch maritime solar innovator Wattlab has delivered a seaworthy solar energy system for a diesel-electric vessel owned by compatriot shortsea shipping company Vertom.

  • Ecuador takes national approach to fight marine biofouling

    17 October 2025
    Environment, Transition

    Maritime officials in Ecuador have reached an agreement concerning a national information network aimed at connecting ports, vessel operators and environmental authorities to help address the rising issue(s) of biofouling. The development is reportedly one of a set of ‘vital’ outcomes that stemmed from a recent workshop delivered by the International Maritime Organization (IMO) and […]

  • Trio lands $5B contracts to support ADNOC’s gas output expansion

    11 June 2025
    Business Developments & Projects, Project & Tenders

    ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has taken a final investment decision (FID) for the first phase of its project aiming to optimize existing gas assets while unlocking new gas streams. As part of this, the UAE giant has handed out engineering, procurement, and construction management (EPCM) contracts to the UK-based Wood and Petrofac and Dubai’s Kent.

  • Gas flows from Barents Sea field to Equinor’s LNG hub

    23 September 2025
    Business Developments & Projects, Exploration & Production

    Norway’s state-owned energy giant Equinor has started production from a subsea field in the Barents Sea that is transported to a liquefied natural gas (LNG) plant on Melkøya island for processing.

  • NKT brings power cable factory in Portugal under one brand

    11 June 2025
    Business & Finance, Business Developments & Projects

    In a move designed to enhance its position in the European market, NKT, a Denmark-headquartered power cable manufacturer and installation firm, has taken the next step toward integration by rebranding its acquired medium- and high-voltage power cable factory in Esposende, Portugal.

  • British Columbia says yes to $1.14 billion LNG storage expansion

    29 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation

    FortisBC has secured the endorsement from the British Columbia Utilities Commission (BCUC), an independent regulatory body regulating BC’s energy utilities, basic automobile insurance rates, and intra-provincial pipeline rates, for the proposed storage expansion of its existing liquefied natural gas (LNG) facility on Canada’s Tilbury Island to safeguard the energy security of British Columbia and strengthen its gas supply chain.