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Business Developments & Projects

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Hapag-Lloyd
Business Developments & Projects

Hapag-Lloyd’s profit rises despite lower volumes

Despite the negative effects of the COVID-19 pandemic, German container shipping company Hapag-Lloyd closed the first six months of this year with a profit.

about 6 years ago
Wind turbine tower at Haizea Wind facility
Business Developments & Projects

Haizea Wind delivers its last batch of SeaMade turbine towers

Haizea Wind has sent off the final two towers for the SeaMade offshore wind turbines from Bilbao. The Spain-based Haizea Wind is delivering 12 wind turbine towers for the project, which will feature 58 Siemens Gamesa 8.4 MW turbines. The first tower parts arrived from the port of Aviles in Spain to

about 6 years ago
shipyard
Business Developments & Projects

Meyer Turku announces first phase of layoffs

Finnish shipbuilder Meyer Turku has concluded the first phase of employee cooperation negotiations (YT negotiations) that will result in the permanent layoff of 166 people.

about 6 years ago
PV DRILLING III jack-up rig
Business Developments & Projects

KrisEnergy hires PV Drilling jack-up for Cambodia drilling

Singapore’s KrisEnergy has hired a jack-up drilling rig operated by PV Drilling for drilling operations offshore Cambodia.

about 6 years ago
Moray East OTM OSP2
Business Developments & Projects

Jacket for second Moray East OTM in place

The jacket foundation for the second of the three Moray East’s Offshore Transformer Modules (OTMs) was installed on 10 August, according to the project’s Notice of Operations. Siemens Energy shipped out the first OTM, ME OSP2, on 30 June. However, this was not the first OTM to have been installed. A

about 6 years ago
Maersk Voyager drillship
Business Developments & Projects

Maersk drillship to restart Total operations after suspension

A Maersk Drilling-owned drillship is expected to restart operations in Africa for French oil major Total following a suspension of the contract, which started at the end of April.

about 6 years ago
Vinalines
Business Developments & Projects

Vinalines transforms into joint-stock company, changes name to VIMC

Vietnam National Shipping Lines (Vinalines), a maritime services and logistics supplier in Vietnam, will officially begin operations as a joint-stock company (JSC) on 1 September.

about 6 years ago
MISC posts lower profit, but LNG revenue keeps growing
Business Developments & Projects

MISC posts lower profit, but LNG revenue keeps growing

Malaysia’s MISC reported a drop in net profit in the second quarter due to the effects related to the Covid-19 pandemic, but the company’s LNG business keeps rising. MISC’s 299.5 million ringgit ($71.3 million)net profit declined 25 percent year-on-year. The shipping giant attributed the decline mai

about 6 years ago
Deepsea Stavanger rig
Business Developments & Projects

Total nears South African well spud

French oil major Total expects to spud the Luiperd-1 well located offshore South Africa by the end of this month.

about 6 years ago
CMA CGM
Business Developments & Projects

CMA CGM resumes calls to Beirut

As the operational situation in the Port of Beirut is now back to normal again, French shipping major CMA CGM has resumed calls to this port.

about 6 years ago
First Thor site investigation results now available
Business Developments & Projects

First Thor site investigation results now available

The Danish Energy Agency and Energinet have made available the first results and data from site investigations carried out at the Thor offshore wind farm site. As part of the preliminary investigations for the site in the Danish North Sea, Energinet is conducting preliminary geotechnical, geophysica

about 6 years ago
US weekly LNG exports still low
Business Developments & Projects

US weekly LNG exports still low

US LNG exports increased in the week ending August 12 but they still remain at low levels as the Covid-19 pandemic continues to weigh on global prices and demand. The Energy Information Agency agency said in its weekly gas natural gas report that five US terminals dispatched eight LNG cargoes during

about 6 years ago
A drone shot of the Stril Explorer vessel readying for Beacon Wind
Business Developments & Projects

Stril Explorer sets sail to Beacon Wind offshore wind site

MMT’s DP2 multipurpose support vessel Stril Explorer is on its way to the Beacon Wind project site offshore Massachusetts, where MMT will carry out geophysical survey. In April, Equinor Wind US awarded MMT US with a contract for survey work at its offshore wind lease area off New England. The contra

about 6 years ago
DOF Subsea Vessel
Business Developments & Projects

DOF Subsea wins new contracts in the Atlantic

Oslo-listed DOF Subsea said it has secured multiple new contracts in the Atlantic region. Specifically, the contract awards include work within survey, inspection, maintenance & repair and decommissioning. The company plans to deploy a selection of vessels to undertake the work, including Skandi Ace

about 6 years ago
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