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MPCC opts for sustainable financing for two methanol dual-fuel ships
Norwegian shipping company MPC Container Ships (MPCC) has signed a $55 million pre- and post-delivery ECA-covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.
Fugro secures more work on 3 GW Dogger Bank South
RWE and Abu Dhabi-based Masdar have appointed Dutch geo-data specialist company, Fugro, to carry out geotechnical seabed surveys at the Dogger Bank South (DBS) offshore wind project sites in the UK. Located over 100 kilometers off the northeastern coast of England, the DBS offshore wind farm will be
CMA CGM and Bpifrance launch €200M fund to decarbonize French maritime sector
France-based shipping major CMA CGM and public sector investment bank Bpifrance have launched a €200 million fund dedicated to accelerating the energy transition in the French maritime industry.
EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations
The EU is one step closer to pulling out of the Energy Charter Treaty (ECT), as there is no end in sight for the stalemate over revamping its terms.
Hapag-Lloyd one step closer to 100% eBL adoption
German container shipping giant Hapag-Lloyd has decided to adopt IQAX eBL to issue electronic bills of lading (eBL) over Global Shipping Business Network’s (GSBN) infrastructure.
Mitsubishi Heavy Industries starts SOEC testing at Takasago Hydrogen Park
Mitsubishi Heavy Industries (MHI) has commenced the operation of a test module of the solid oxide electrolysis cell (SOEC) at Takasago Hydrogen Park.
Wärtsilä’s auxiliary engines picked for twelve Chinese methanol-fueled giants
Finnish technology group Wärtsilä has been contracted to provide methanol-fueled auxiliary engines for twelve new 24,000 TEU containerships owned by Chinese shipping companies COSCO Shipping Lines and Orient Overseas Container Line (OOCL).
French vessels getting tech to enhance efficiency in installation, maintenance and repair tasks
UK-based Exail has secured a contract with French maritime services provider Bourbon to deliver technology for multiple multi-purpose support vessels (MPSVs) that is expected to enhance the vessels’ efficiency in installation, maintenance and repair tasks for the oil & gas and offshore wind industri
Norwegian player finds work on third Odfjell Drilling rig
Soiltech has secured another contract with Odfjell Drilling for the provision of its services to the UK player’s third semi-submersible rig.
Canadian oil & gas firm widens its footprint in Namibia’s prolific Orange Basin
Sintana Energy is entering a new license offshore Namibia, thanks to a deal with Crown Energy for the acquisition of a stake in Giraffe Energy.
Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind
Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of c
Peninsula’s chemical tanker to supply biofuel in Port of Barcelona
Marine fuel supplier Peninsula has added an IMO II chemical tanker to supply biofuel in the Port of Barcelona.
UK and Germany strengthen hydrogen ties
UK’s PM Rishi Sunak and German Chancellor Olaf Scholz have agreed on a feasibility study for hydrogen exports from the UK to Germany.
Seal of approval for UK oil & gas firm to expand its stake in Angolan offshore blocks
Afentra plc has received the Angolan government’s blessing for its acquisition of additional interest in two blocks off the coast of Angola.