Search results for: mark

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A list of search results

  • 22 January 2021
    Equipment, Safety, Technology

    UK-based C-Kore Systems has recently signed its first contract for delivery of subsea monitoring tools for a Chinese operation. The C-Kore tools will deliver subsea testing on the main umbilical before tying back into the existing structures. Operators and installation contractors use C-Kore’s subsea testing tools on both installation campaigns and fault-finding operations. The Cable […]

  • 20 January 2021
    Market outlooks, Outlook & strategy

    Gasum, the Nordic energy company, sees the potential of increased investment in future projects due to the price increase of LNG. In this week’s analysis, Gasum reports that the Risavika LNG reached 30.20 Euro per megawatt-hour. European gas prices remained supported by tight supply and cold weather. However, the weather is expected to change in […]

  • 19 January 2021
    Business developments & projects, Environment, Innovation, Research & Development

    The Wave and Energy Project (WEP+), a multinational research project into biofouling on offshore renewable energy platforms, has made progress on developing anti-fouling strategies set to boost the performance of marine energy technologies.

  • 14 January 2021
    Business & Finance

    Norway-headquartered OHT is launching a new office in Denmark as the base for its operational and commercial activity for offshore wind turbine installation. The new office will be located in Vejle and is expected to be ready from 1 May. OHT Renewables DK will be headed by Tony Millward, who previously worked for A2Sea and […]

  • 18 December 2020
    Authorities & Government, Human Capital, Regulation & policy, Rules & Regulation, Safety, Vessels

    The International Labour Organisation’s (ILO) Committee of Experts issued a ruling that governments have failed in their duty of care towards seafarers under international law during the COVID-19 pandemic. In the first ruling of its kind, the committee of 20 jurists found that governments failed abjectly to protect the minimum of seafarers’ rights, as set […]

  • 18 December 2020
    Business & Finance

    Iberdrola has reached an agreement to acquire a 50% stake in Sea Wind, marking the company’s entry into the Polish offshore wind market. Sea Wind is said to have a seven-project pipeline in the early stages of development that has a potential capacity of up to 7.3 GW. According to Iberdrola, Sea Wind has an […]

  • 16 December 2020
    Business & Finance, Research & Development, Technology

    Danish firm Wavepiston has reached it initial target of raising a minimum of €2 million. The wave energy developer recently opened a crowdfunding campaign on Seedrs investment platform in order to fund the final phase its technology development. The company, based in Elsinore, Denmark aims to raise between €2 million and €3 million that would […]

  • 16 December 2020
    Authorities & Government, Business & Finance

    The Netherlands and Denmark have signed an Agreement of Intent (AoI) to together explore opportunities for an offshore energy hub in the North Sea. Under the deal, TenneT, Gasunie and Energinet will carry out further research on the development of the joint energy hub for connecting offshore wind farms. On the basis of these analyses, […]

  • 15 December 2020
    Authorities & Government, Business & Finance

    Denmark and Germany have entered into an agreement to strengthen their cooperation on offshore wind and innovative energy hubs. The agreement is the starting point for further cooperation to explore the design of possible joint projects, and in this context, cooperation on the energy hubs in the North and Baltic Seas will be discussed. Additionally, […]

  • 14 December 2020
    Authorities & Government, Environment, Ports & Logistics, Regulation & policy, Rules & Regulation, Transition, Vessels

    The risk of shippers evading the EU carbon market is minimal, as it would not be cost-effective, a study by Brussels-based environmental NGO Transport and Environment shows. In 2019, the European Union committed in its European Green Deal to extend the European emissions trading system (ETS) to the maritime sector. Since then, fears have been […]

  • 11 December 2020
    Business developments & projects, Collaboration, Outlook & strategy

    Dutch LNG technology developer LIQAL has expanded its reach into the German market with its partnership with Flüssiggas-Anlagen.

  • 10 December 2020
    Business developments & projects, Collaboration, Operations & Maintenance, Outlook & strategy, Research & Development

    Swedish company Eco Wave Power has signed a collaboration agreement with Meridian Energy Australia to investigate the development of commercial wave energy projects in Australia.

  • 9 December 2020
    Business & Finance, Market outlooks, Outlook & strategy

    Investments in offshore wind projects in new and emerging markets next year will result in offshore wind gaining a greater share of the total wind power market globally, according to the latest report from Fitch Solutions. There are currently over 66 GW of offshore wind in pre-construction or construction out of almost 162 GW of […]

  • 9 December 2020
    Business & Finance, Business developments & projects, Market outlooks, Outlook & strategy

    German container shipping company Hapag-Lloyd has raised its earnings forecast amid better than expected business performance. For the 2020 financial year, earnings before interest, taxes, depreciation and amortisation (EBITDA) of €2.6 to 2.7 billion, from the previously announced €2.4 to 2.6 billion. Earnings before interest and taxes (EBIT) were raised from EUR 1.1 to 1.3 […]

  • 8 December 2020

    ‘Clients, advisors and insurers are in the same boat.’ Effective cooperation is necessary to keep risks manageable and affordable. Erwin van Geyte, Broking Director Aon NetherlandsPeter van den Brink, Industry Director Marine Aon Netherlands Consolidation of insurers We have seen a wave of insurer consolidation in recent years. Where twenty years ago there were dozens […]

  • 8 December 2020
    Business developments & projects, Equipment, Exploration & Production, Technology

    The UK entity of Norway-based offshore surveyor iSURVEY has completed its largest project to date. The seven-figure project has seen a 10-strong group of offshore survey experts complete a 6,300 kilometres of survey since mobilisation in late July. According to iSURVEY, this also breaks the Aberdeen-based team’s single contract value record. The contract, which consisted […]

  • 4 December 2020
    Authorities & Government, Outlook & strategy, Regulation & policy, Transition

    The Danish Parliament has announced that it will cancel all future licensing rounds for new oil and gas exploration and production permits in the Danish part of the North Sea and end existing production by 2050.

  • 3 December 2020
    Innovation, Research & Development, Technology

    Boxfish Research said it has delivered a record-breaking depth range during its latest deep sea mission in New Zealand. According to the company, this represents the first underwater deployment of a small, battery-operated ROV to reach 710 metres, exceeding the industry standard. Boxfish said its R&D team tested various configurations before the mission took place […]

  • 1 December 2020
    Environment, Outlook & strategy, Technology, Transition

    Denmark’s fully-developed energy island in the North Sea could provide enough green fuel to supply all ships and aircraft refueling in Denmark, a study by the country’s Ministry of Climate, Energy and Public Utilities shows. As reported earlier, Denmark plans to develop two energy islands, one in the Baltic Sea and one in the North […]

  • 26 November 2020
    Human Capital, Outlook & strategy

    Deepwell pumps specialist Svanehøj has expanded its foothold in the LNG market with the appointment of Hirohide Gohda.

  • 25 November 2020
    Environment, Ports & Logistics

    Canadian Prince Rupert Port Authority (PRPA) is once again one of the highest environmental performers in North America, significantly exceeding jurisdictional regulations, Green Marine determined.

  • 24 November 2020
    Business & Finance, Vessels

    Greek tanker heavyweight Tsakos Energy Navigation (TEN) has kept a steady course during the rollercoaster year of 2020, having delivered strong business results while pushing forward with fleet modernization plans. TEN’s net income for the three-month period that ended on September 30, 2020 reached $1.4 million compared to a net loss of $9.5 million in […]

  • 23 November 2020
    Authorities & Government, Outlook & strategy, Transition

    The Danish government has identified areas in the North Sea and the Baltic Sea suitable for the development of the energy island projects. Back in June, Denmark approved the development of the two energy islands, one in the North Sea and one in the Baltic Sea, with a combined capacity of 5 GW. Both energy […]

  • 19 November 2020
    Environment, Infrastructure, Market outlooks, Outlook & strategy, Vessels

    Global CO2 emissions will continue to rise and track fleet growth, a new analysis by Swedish big data firm Marine Benchmark shows.

  • 17 November 2020
    Business & Finance, Ports & Logistics, Vessels

    Windthrust Ltd., a subsidiary of National Ports Corporation, has revealed plans for a combined self-propelled floating port and installation vessel for offshore wind turbines, foundations and substations. Oceandock LX’s 60,000m2 deck space and onboard storage facility allow for the components to be delivered directly to the floating structure and warehoused, according to the company. The […]