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Business Developments & Projects

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Deepening of Antwerp Europaterminal (VIDEO)
Business Developments & Projects

Deepening of Antwerp Europaterminal (VIDEO)

Antwerp Port Authority has asked Witteveen+Bos to investigate the possibility of deepening and relocating the Europaterminal quay wall. The purpose of deepening the Europa Terminal is to accommodate ships with a larger draught. Hydraulic, sedimentological and morphological studies were conducted as

about 4 years ago
Poseidon Principles
Business Developments & Projects

Poseidon Principles signatories make progress in decarbonizing shipping

11 out of 23 ship finance portfolios are aligned with the International Maritime Organization’s (IMO) decarbonization target. In 2020, only 20% of reporting signatories were aligned with this goal, according to a new Poseidon Principles report.

about 4 years ago
SBM Offshore
Business Developments & Projects

SBM Offshore unveils $620 million loan for Mero FPSO

SBM Offshore has secured a $620 million loan for the construction of the FPSO, which will be deployed at the Mero field offshore Brazil.

about 4 years ago
ESL
Business Developments & Projects

ESL Shipping commits to net-zero emissions by 2050

In its first environmental, social, and governance (ESG) strategy, Finnish shipping company ESL Shipping has revealed its target to achieve net zero CO2 operations by 2050.

about 4 years ago
MOL
Business Developments & Projects

MOL, JRCS jointly studying AI-based watchkeeping solution

Japanese shipping firm Mitsui O.S.K. Lines (MOL) and its compatriot maritime technology company JRCS are planning to jointly research the use of AI-based object recognition technology to support watchkeeping aboard vessels.

about 4 years ago
Maersk Drilling inks renewal deal worth around $1 billion with Aker BP for ops off Norway
Business Developments & Projects

Maersk Drilling inks rig renewal deal worth around $1 bln with Aker BP

Maersk Drilling and Aker BP have agreed to renew a frame agreement for two jack-up rigs. The estimated value of this deal is around $1 bln.

about 4 years ago
Wood nets UK North Sea contract wins worth $160 million in Q4 2021
Business Developments & Projects

Wood nets UK North Sea contract wins worth $160 million in Q4 2021

Wood has secured contracts worth around $160 million with several companies – including Shell and Dana Petroleum – for ops in the UK North Sea.

about 4 years ago
Dutch energy companies sign contract for Porthos CO2 project
Business Developments & Projects

Dutch energy companies sign contract for Porthos CO2 project

Air Liquide, Air Products, ExxonMobil and Shell have signed the final contracts with Porthos for the transport and storage of CO2 in Rotterdam.

about 4 years ago
Petrobras restarts production at Brazilian gas field following pipeline repairs
Business Developments & Projects

Petrobras restarts production from Brazilian gas field following pipeline repairs

After the repairs were carried out on the export pipeline’s subsea valve, Petrobras has resumed gas production from the Manati field.

about 4 years ago
Norwegian trio gets approval for manned underwater ops
Business Developments & Projects

Norwegian trio gets approval for manned underwater ops

Norway’s offshore safety regulator, the Petroleum Safety Authority (PSA), has granted Vår Energi, Equinor and Gassco consent to carry out manned underwater operations in 2022. The consents apply to facilities and pipeline systems on the Norwegian continental shelf, and pipelines subject to Norwegian

about 4 years ago
China
Business Developments & Projects

China: 1st locally built large cruise ship floated out

The first large cruise ship built in China has been floated out at Shanghai Waigaoqiao Shipbuilding (SWS) shipyard, part of China State Shipbuilding Corporation (CSSC).

about 4 years ago
AD Ports
Business Developments & Projects

AD Ports scores new projects in Jordan

Logistic facilitator Abu Dhabi Ports (AD Ports) has signed four strategic agreements and a Head of Terms Agreement (HoT) with Jordan’s Aqaba Development Corporation (ADC) for the development of a new cruise terminal in Aqaba.

about 4 years ago
The Wenzhou Taihan 550MW floating solar and fishing farm (Courtesy of Government of China/Photo by Xinhua)
Business Developments & Projects

China connects 550MW combined floating solar and aquaculture project to power grid

The Wenzhou Taihan 550MW project, which combines floating solar with aquaculture, has been officially connected to the grid in East China.

about 4 years ago
Port of Oakland
Business Developments & Projects

Port of Oakland surpasses air quality goals

The US Port of Oakland has exceeded all its original goals set in the master plan for the port’s long-term commitment to reducing the air quality and health risk impacts of its maritime operations, according to the results of the emissions inventory.

about 4 years ago
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