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e1 Marine and NAVTEK partner on hydrogen-powered vessels

2 December 2022

Business Developments & Projects, Collaboration, Vessels

Renewable energy company e1 Marine has signed a Memorandum of Understanding (MoU) with naval design and engineering specialist NAVTEK to develop hydrogen-powered vessels and port applications for the European market.

DMEC welcomes Danish delegation at Marine Energy Hub

20 June 2022

Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration

His Royal Highness Crown Prince Frederik of Denmark, the Danish Minister of Climate, Energy and Utilities Dan Jørgense and the Danish Ambassador to the Netherlands Jarl Kåre Frijs-Madsen have paid a visit to Dutch Marine Energy Centre’s (DMEC) Marine Energy Hub in The Hague.

Orbital Marine secures €9.2M tidal energy funding

4 July 2022

Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition

Scottish company Orbital Marine Power has completed the operational finance of the world’s most powerful tidal turbine, securing £8 million (€9.2 million) via the Scottish National Investment Bank and individual investors.

Esso Angola appoints Maersk Supply for marine services

25 May 2022

Business & Finance, Business Developments & Projects, Equipment, Operations & Maintenance, Project & Tenders

Maersk Supply Service has won an integrated marine services contract by Esso Angola for the provision of project management, engineering and marine services for Block 15 offshore Angola. Subsea support vessel Maersk Forza will perform the offshore marine operations, including offshore field maintenance support, deepwater AHC precision lifting, and ROV operations for the installation of […]

AD Ports, Premier Marine form drydocking JV

29 June 2023

Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Vessels

UAE-based port operator AD Ports Group and Premier Marine Engineering Services LLC (Premier Marine), a compatriot shipyard company specialising in shipbuilding and repair services to the marine and offshore industries, have formed a new joint venture, SAFEEN Drydocks. The joint venture is structured as a 51% ownership by AD Ports Group and 49% by Premier Marine. […]

Marine license in place for Scottish subsea electricity superhighway

22 May 2023

Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation

SSEN Transmission has secured a marine license for its proposed new subsea electricity superhighway along the east coast of Scotland. The Eastern Green Link 2 project, delivered in partnership with National Grid Electricity Transmission (NGET), will see the creation of a subsea transmission cable from Peterhead in Scotland to Drax, Yorkshire in England. With a […]

Wisdom Marine Lines adds bulker duo at Namura

20 March 2023

Green Marine, Vessels

Taiwanese shipping company Wisdom Marine Lines has returned to Namura Shipbuilding for two 40,000 dwt bulk carriers. The company revealed that it would be paying around $33 million per unit at the Japanese yard, bringing the total cost of the order to around $66 million. The duo is slated for delivery in 2026. Further details […]

Shaver Transportation fleet to comply with Green Marine standards

30 March 2022

Certification & Classification, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

Shaver Transportation has become the first tug and barge operator on the U.S. West Coast and Columbia Snake River System to participate in Green Marine, a voluntary environmental certification program for North America’s maritime industry.

Orbital Marine seeks tidal turbine data analyst

18 January 2022

Business Developments & Projects, Equipment, IT & Software, Outlook & Strategy, Project & Tenders, Technology

Scottish tidal energy company Orbital Marine Power is looking to hire an expert in data science and machine learning to assist with the analysis of its tidal turbine data streams.

Mariner partners disagree with Equinor over reserves downgrade

13 January 2022

Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

Siccar Point Energy believes that Equinor, the operator of the Mariner field, has been premature in its reserves downgrade for the field.

Marine insurers agree framework to support green shipping

15 December 2021

Business & Finance, Business Developments & Projects, Collaboration, Environment, Outlook & Strategy, Safety, Transition

Six of the world’s leading marine insurers have launched an initiative to provide transparency on carbon emissions and support the shipping industry’s green transition.

Acta Marine and Almatug Expand Their Partnership in West Africa

16 December 2011

Business & Finance, Operations & Maintenance

Acta Marine B.V. and Almatug Ltd are expanding their partnership in West Africa by strategically relocating the multicat “Coastal Assistant” to this area. The vessel will be marketed and operated under joint management of the partners. The companies have been partnering with each other for many years in the challenging West African market. The partnership […]

Gulf Marine gets more work in MENA region

16 October 2018

Business & Finance

Gulf Marine Services, a provider of self-propelled self-elevating support vessels, has been awarded a contract for one of its Small Class vessels.

GALLERY: Sembcorp Marine hands over Culzean topsides

22 May 2018

Project & Tenders

Sembcorp Marine has completed the integrated fixed platform topsides for the high-pressure, high-temperature Culzean gas field located in the UK North Sea.

Gulf Marine confirms new contracts in MENA region

5 September 2017

Business & Finance

UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs), has confirmed that the legal documentation for the charter of two of its vessels in the Middle East and North Africa (MENA) region has now been completed. The discussions regarding these two contracts were previously announced in early August. The talks have now […]

UK: Schlumberger Launches IsoMetrix Marine Seismic Technology

5 June 2012

Business & Finance, Equipment

Schlumberger announces the launch of IsoMetrix marine isometric seismic technology and the IsoMetrix family of marine seismic products. This breakthrough technology outputs isometrically sampled point-receiver data in both crossline and inline directions—capturing the returning wavefield in three dimensions and providing the most accurate images of the subsurface ever recorded. The IsoMetrix system uses calibrated, multisensor […]

UK: Prysmian Buys Global Marine Systems Energy

7 September 2012

Business & Finance

The Prysmian Group, world leader in the energy and telecom cables and systems industry, has signed an agreement to acquire 100% of Global Marine Systems Energy Limited (GME) from Global Marine Systems Ltd (GMSL) for a purchase price of approximately €53 million. GME is a British company active in the installation of submarine power cables […]

Hallin Marine Signs Alliance Agreement with Russian Ramona

4 July 2012

Business & Finance

Hallin Marine, a Superior Energy Services company, announces the signing of a long term strategic alliance agreement with Romona Inc. for projects throughout the Russian Federation. The agreement, signed at Romona’s Sakhalin headquarters on 16 May, brings together the strength of Hallin’s offshore support fleet, diving and ROV capabilities with Romona’s 20-year experience in survey […]

UK: Marin Unveils Supersize Subsea Grab Tool

22 June 2012

Business & Finance, Equipment, Research & Development

Subsea intervention specialist Marin Group has unveiled a versatile new high-volume grab tool designed for use across a range of applications, including large-scale brownfield clearance. The tool — available from operating company Marin Subsea — forms part of the EVO Marin Debris Recovery System (MDRS) and serves as cutting-edge proprietary technology capable of operating in […]

UK: Marine Building Handed Over to Plymouth University

11 June 2012

Business & Finance, Research & Development

Regional director of construction company Leadbitter, Rob Bradley, handed over the new Marine Building to the Plymouth University vice-chancellor, Professor Wendy Purcell. The Marine Building is worth GBP 19 million and has the most advanced wave tank testing equipment and an innovation centre for marine renewable technology and engineering businesses, This is Plymouth news site […]

AGR’s Seabed Intervention and Marin Form Strategic Alliance

12 July 2013

Business & Finance, Research & Development

AGR Seabed Intervention and Marin have, over many years, established themselves as world leaders in their respective fields with proven capabilities to execute high level engineering and technical operations globally. The two ultra deep-water specialist recovery and excavation companies have decided to form a strategic alliance in a move that will deliver practical and cost […]

Carnegie Welcomes ‘The Future of Marine Renewables in the UK’ Report

24 February 2012

Business & Finance, Operations & Maintenance, Research & Development

Wave energy developer Carnegie Wave Energy Limited welcomes the UK House of Commons Energy and Climate Change Committee report on ‘The Future of Marine Renewables in the UK.’ The report highlights the opportunities and benefits of developing a world leading marine energy industry and the need for the UK to adopt a visionary approach to […]