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Business Developments & Projects

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CMA CGM
Business Developments & Projects

CMA CGM and ABB partner to ‘enhance’ ship safety with new parametric roll algorithm

Marseille-headquartered shipping giant CMA CGM and Swedish-Swiss technology company ABB have teamed up to develop a parametric roll algorithm that would improve safety on ships. As disclosed, ABB and CMA CGM are set to tailor a solution that integrates a theoretical framework made by the French sea,

about 1 year ago
MPA Singapore
Business Developments & Projects

MPA Singapore and Wärtsilä renew maritime decarbonization partnership

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The Maritime and Port Authority of Singapore (MPA) and Finland’s technology major Wärtsilä have renewed their partnership to accelerate maritime decarbonization and digitalization.

about 1 year ago
Additional 57 ports could be upgraded with LNG bunkering facilities by end of 2026
Business Developments & Projects

Additional 57 ports could be upgraded with LNG bunkering facilities by end of 2026

According to Intermodal, it is expected that the LNG bunkering market is poised for substantial expansion in the coming years,

about 1 year ago
Fugro vessel safe in port after grounding in Italy, no harm made
Business Developments & Projects

Fugro vessel safe in port after grounding in Italy, no harm made

A 42-meter-long geophysical survey vessel owned by Fugro that ran aground in Italy on Saturday, March 22, had been safely brought to port, the Dutch company reported. The Fugro Mercator ran aground on the north coast of Elba, Italy, when it went looking for shelter due to deteriorating weather condi

about 1 year ago
DMEC-led accelerator program opens first support call for offshore energy innovations
Business Developments & Projects

DMEC-led accelerator program opens first support call for offshore energy innovations

The Dutch Marine Energy Centre (DMEC)-led Offshore Accelerator for System Integration and Storage (OASIS) project has launched the first support call for offshore energy innovations. The initiative aims to support innovative companies in the North Sea region by accelerating their growth and enhancin

about 1 year ago
Maersk names new dual-fuel methanol containership at Maasvlakte II terminal in Rotterdam
Business Developments & Projects

Maersk names new dual-fuel methanol containership at Maasvlakte II terminal in Rotterdam

Danish shipping giant A.P. Moller – Maersk has held a naming ceremony for its newest dual-fuel methanol containership at its APM Terminals Maasvlakte II terminal in Rotterdam, the Netherlands.

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

ADNOC’s African footprint grows with acquisition of stake in block off Mozambique

Portugal’s oil and gas company Galp has completed the sale of its upstream assets offshore Mozambique to XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC).

about 1 year ago
Spanish subsea services provider enhances two vessels with upgrades
Business Developments & Projects

Two upgraded Spanish vessels back at work

Spanish maritime survey and ROV services operator ACSM has put its 25-year-old offshore support vessel (OSV) Nautilus back to service after a couple of months of upgrade work. The 73-meter-long vessel completed its upgrading phase at the shipyard Viana do Castelo in Spain, after which it spent a few

about 1 year ago
An offshore drilling rig
Business Developments & Projects

Equinor keeping Island Drilling, Archer, and Baker Hughes busy with multi-well P&A gigs

Norwegian state-owned energy giant Equinor has awarded compatriot Island Drilling with a well plugging contract on the fields it operates on the Norwegian continental shelf (NCS), while Archer and Baker Hughes Norge have won contracts for full-range delivery of plugging services.

about 1 year ago
With phase 1 fully booked, Northern Lights partners take €662M FID for second phase
Business Developments & Projects

With phase 1 fully booked, Northern Lights partners take €662M FID for project expansion

Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the namesake CO2 transport and storage development. This will increase the project’s transport and storage capacity from 1.5 million to over 5 million ton

about 1 year ago
Odfjell Drilling exec trades CFO role for new position at the company
Business Developments & Projects

Odfjell Drilling exec trades CFO role for new position at the company

The Chief Financial Officer (CFO) of offshore drilling contractor Odfjell Drilling is slated to replace his CFO position with another finance-related role at the company.

about 1 year ago
Danish wave energy technology company Exowave is entering a crucial phase in developing its wave energy technology. The power take-off (PTO) system is set for wet testing in the coming weeks.
Business Developments & Projects

Danish wave energy firm gears up for final PTO testing

Danish wave energy technology company Exowave is entering an important phase of developing its wave energy technology, as the power take-off (PTO) system is set for wet testing in the coming weeks. “We’re thrilled to share that the PTO assembly is progressing exceptionally well—faster than expected

about 1 year ago
UK-made buoyancy modules make their way to Eastern Mediterranean natural gas project
Business Developments & Projects

UK-made buoyancy modules make their way to Eastern Mediterranean natural gas project

UK-headquartered CRP Subsea, part of AIS, has been appointed to deliver distributed buoyancy modules (DBMs) for a natural gas development off the Eastern Mediterranean coast. The DBMs will be deployed on dynamic umbilical and mono-ethylene glycol (MEG) risers, which connect to a floating production,

about 1 year ago
Klaveness
Business Developments & Projects

Klaveness unifies digital services to enhance maritime technology integration

Norwegian shipping company Torvald Klaveness has decided to consolidate all digital services with the purpose of focusing on the creation of ‘smarter’ and ‘more’ efficient digital solutions for the maritime industry. As disclosed, the digital offerings are set to be merged under Klaveness Digital, w

about 1 year ago