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Business Developments & Projects

Atlas Maritime and EMF hail new tanker delivery under $1B fleet renewal program

International shipping company Atlas Maritime and fund management company European Maritime Finance (EMF) have taken delivery of their eighth eco Aframax/LR2 tanker from South Korean shipbuilder Daehan Shipbuilding.

about 1 year ago

Technip Energies to provide equipment for TotalEnergies LNG terminal in Le Havre

Business Developments & Projects

Technip Energies and Graphitic Energy join forces to scale clean hydrogen technology

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Technip Energies and Graphitic Energy have entered a strategic collaboration to scale clean hydrogen technology.

about 1 year ago

'Global subsea player' in the makig as DeepOcean acquires Shelf Subsea

Business Developments & Projects

‘Global subsea player’ arising as DeepOcean acquires Shelf Subsea

Ocean services provider DeepOcean has acquired 100% of the shares in Australia-based subsea services provider Shelf Subsea, creating what it says is a global subsea player and expanding its footprint into Southeast Asia, Australia, and the Middle East. Headquartered in Australia, Shelf Subsea has of

about 1 year ago

Business Developments & Projects

Jack-up duo reborn: Petrodec unveils fused platform at Damen’s shipyard

Damen Shiprepair, part of the Dutch shipbuilding giant Damen Shipyards Group, has hosted a naming ceremony for a self-elevating heavy lift jack-up, being repurposed from two former units by decommissioning services specialist Petrodec, at its yard in Rotterdam.

about 1 year ago

Business Developments & Projects

Port of Rotterdam and EDGE looking into future-proof liquid hydrogen infrastructure

The Dutch Port of Rotterdam Authority has joined forces with Norwegian maritime player EDGE Navigation to work on the development of a future-proof liquid hydrogen (LH2) infrastructure for the maritime sector.

about 1 year ago

Business Developments & Projects

OMV exploration drilling marks Odfjell rig’s return to Norwegian waters

OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has started drilling an exploration well in the Norwegian Sea using a semi-submersible rig managed by Odfjell Drilling.

about 1 year ago

Business Developments & Projects

ABB to acquire French BrightLoop to accelerate marine transport electrification

Swedish-Swiss technology company ABB has signed an agreement to acquire BrightLoop, a French company specializing in advanced power electronics, to accelerate its electrification strategy in industrial mobility and marine propulsion.

about 1 year ago

Business Developments & Projects

Winners of €1 billion European Hydrogen Bank auction revealed, with three maritime projects on the list

The European Commission (EC) has selected the winners of the second European Hydrogen Bank (EHB), which will receive nearly €1 billion in funding to produce renewable hydrogen, including producers with off-takers in the maritime sector.

about 1 year ago

offshore solar panel installation by JCE Energy. Source: Aquaterra Energy

Business Developments & Projects

$2M solar system powers Angola offshore platform

The Aberdeen-based JCE Energy has designed and supplied a modular solar power system to Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, for a supermajor’s unmanned Sea Swift production platform offshore Angola. The system was delivered under a £1.5 million (aroun

about 1 year ago

CALM Terminal and Vessel; Source: SBM Offshore

Business Developments & Projects

Jetty-less toolbox for ammonia, gas, and LNG offshore transfers gets Bureau Veritas’ blessing

IMODCO Terminals, a subsidiary of the Netherlands-headquartered SBM Offshore, has received approvals in principle (AiPs) from Bureau Veritas Marine & Offshore (BV) for a portfolio of jetty-less solutions developed to enable offshore floating storage of ammonia, liquefied natural gas (LNG), or natura

about 1 year ago

Business Developments & Projects

Seychelles Ports Authority and RISE Sweden team up to green Port of Victoria

The Seychelles Ports Authority (SPA) and RISE Research Institutes of Sweden have signed a memorandum of understanding (MoU) to collaboratively advance the greening of the Port of Victoria.

about 1 year ago

Business Developments & Projects

Prosafe balancing asset optimization and capital reset

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its activity in the first quarter of 2025.

about 1 year ago

Business Developments & Projects

Newfoundland and Port of Amsterdam partner to explore green hydrogen supply chains

Canada’s province of Newfoundland and Labrador and the Port of Amsterdam, the Netherlands, have signed a memorandum of understanding (MoU) to explore green hydrogen supply chains.

about 1 year ago

Business Developments & Projects

First steps being taken to bring UK’s fifth subsea electricity superhighway to life

The UK National Grid and SSEN Transmission have set into motion the first steps for the development of Eastern Green Link (EGL5), the UK’s fifth subsea electricity superhighway that would connect Scotland and England, by launching a public consultation. The partners opened a stage 1 (non-statutory)

about 1 year ago