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Business Developments & Projects

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John T. Essberger wraps up first bio-LNG bunkering at Hamina LNG terminal
Business Developments & Projects

John T. Essberger wraps up first bio-LNG bunkering at Hamina LNG terminal

E&S Tankers, a joint venture of Essberger Tankers and Stolt Tankers, has conducted the first bio-LNG bunkering for its newbuild dual-fuel stainless steel parcel chemical tanker John T. Essberger at the Hamina LNG terminal in Finland.

about 1 year ago
Berwick Bank
Business Developments & Projects

Benthic survey underway at SSE Renewables’ Berwick Bank wind farm site

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SSE Renewables is undertaking a benthic survey within a prospective offshore export cable route at the Berwick Bank offshore wind farm site in Scotland. The survey work is being carried out by Natural Power, utilising the Windcat 20 as the survey vessel. According to a Notice from Mariners from the

about 1 year ago
CMAL
Business Developments & Projects

CMAL, Remontowa sign shipbuilding contract for electric ferry fleet

Scotland’s state-owned Caledonian Maritime Assets Limited (CMAL) and Polish shipbuilder Remontowa Shipbuilding have signed a contract for the construction of seven new Loch-class electric ferries.

about 1 year ago
IDOM has started testing a new air turbine design at the Mutriku wave power plant as part of the activities of the EuropeWave project.
Business Developments & Projects

IDOM turbine undergoing tests at Mutriku wave power plant

The Basque technology firm IDOM has started testing a new air turbine design at the Mutriku wave power plant as part of the activities of the EuropeWave project. According to the Biscay Marine Energy Platform (BiMEP), the testing is being carried out in the experimental area of the Mutriku facility

about 1 year ago
An LNG carrier at sea
Business Developments & Projects

LNG newbuild pair joining Polish player’s chartered fleet

Knutsen LNG, part of Norwegian shipping company Knutsen, has taken over a liquefied natural gas (LNG) carrier from HD Hyundai Samho Industries’ shipyard in South Korea to deliver it to its new charterer, Poland’s Orlen.

about 1 year ago
VARD building 121-meter Taiwan-bound subsea construction vessel
Business Developments & Projects

VARD building 121-meter Taiwan-bound subsea construction vessel

Norway’s VARD has signed a €113.5 million contract with Taiwan-based Dong Fang Offshore (DFO) to design and build an offshore subsea construction vessel that will be dedicated to performing work in the offshore wind and telecom sectors, with the contract also including options. The 121.3-meter-long

about 1 year ago
Noble Resillient jack-up rig; Source: Petrogas
Business Developments & Projects

Noble rig reaches endpoint at North Sea drilling campaign crowned with ‘great discovery’

Petrogas E&P has crossed the finish line at its drilling program in the UK sector of the North Sea, which led to a gas discovery drilled by a 16-year-old jack-up rig owned by Noble Corporation, a U.S.-based offshore drilling giant.

about 1 year ago
Mabanaft and HIF Global shake hands on e-methanol purchase for shipping industry
Business Developments & Projects

Mabanaft and HIF Global shake hands on e-methanol purchase for shipping industry

German energy company Mabanaft and e-fuels producer HIF Global have signed a heads of agreement (HoA) for the planned offtake of e-methanol for the shipping industry.

about 1 year ago
Crantz steps down as Argeo’s CEO, interim appointed
Business Developments & Projects

Crantz steps down as Argeo’s CEO, interim appointed

Norwegian subsea services provider Argeo has appointed an interim chief executive officer (CEO) as the current CEO Trond F. Crantz has stepped down from the role. Argeo’s Board of Directors yesterday, April 3, appointed Jan P. Grimnes to serve as interim CEO of the company following the decision tha

about 1 year ago
PANYNJ
Business Developments & Projects

New York and New Jersey greenlight Maersk’s container terminal lease extension

The Port Authority of New York and New Jersey (PANYNJ) has decided to extend the lease of a container terminal operated by APM Terminals, a unit of Denmark-based shipping giant A.P. Moller-Maersk, a move that is expected to clear the path for “major” infrastructure investments. As divulged, the PANY

about 1 year ago
UK and Australia forge alliance to drive subsea growth in both hemispheres
Business Developments & Projects

UK and Australia forge alliance to drive subsea growth in both hemispheres

UK’s trade and development body for the underwater industry Global Underwater Hub (GUH) and Subsea Innovation Cluster Australia (SICA), a membership organization of companies in the Australian subsea industry, have signed a memorandum of understanding (MoU) to foster innovation, collaboration and gr

about 1 year ago
Fincantieri
Business Developments & Projects

Fincantieri, Eni and RINA: New study dives into maritime’s future fuel mix

Italy’s energy company Eni, compatriot shipbuilder Fincantieri, and classification society RINA have unveiled a new study that aims to contribute to accelerating the decarbonization of the maritime transport sector, in line with the net zero target for 2050.

about 1 year ago
A large vessel at sea
Business Developments & Projects

BW Offshore’s arbitration saga with Brazilian firm ends in settlement

Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.

about 1 year ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Business Developments & Projects

TotalEnergies cuts short Shelf Drilling rig’s North Sea gig

TotalEnergies has decided to break off a deal for a drilling assignment, which a jack-up rig owned by Shelf Drilling, a UAE-headquartered offshore drilling contractor, is carrying out in the North Sea off the coast of Denmark.

about 1 year ago