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Business Developments & Projects

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CMB.TECH and Golden Ocean to merge into ‘one of largest diversified listed maritime groups’
Business Developments & Projects

CMB.TECH and Golden Ocean to merge into ‘one of largest diversified listed maritime groups’

Dry bulk shipping company Golden Ocean Group (GOGL) and Belgian shipowner CMB.TECH have signed a term sheet for a contemplated merger, which is expected to create “one of the largest diversified listed maritime groups in the world” with a combined fleet of more than 250 vessels.

about 1 year ago
An offshore platform
Business Developments & Projects

Fleet staying active as Prosafe navigates strategic divestments

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet activity for March.

about 1 year ago
Canadians to make digital twin of Trident Energy's subsea assets in Equatorial Guinea
Business Developments & Projects

Canadians to make digital twin of Trident Energy’s subsea assets in Equatorial Guinea

International oil & gas company Trident Energy has signed a SaaS license agreement with Enaimco, a Canadian technology company delivering digital solutions for subsea operations, for the provision of digital twin for its subsea assets in Equatorial Guinea. “Trident Energy has been exploring global d

about 1 year ago
Damen
Business Developments & Projects

Damen strengthens India ties amid country’s maritime revamp

As India recently unveiled plans to spend billions of US dollars to revamp the domestic maritime industry, Dutch shipbuilder Damen is jumping on the bandwagon to support the envisaged transformation of the South Asian country’s maritime sector.

about 1 year ago
Jinling Shipyard hands over ‘world’s largest’ dual-fuel car carrier to BYD
Business Developments & Projects

Jinling Shipyard hands over ‘world’s largest’ dual-fuel car carrier to BYD

China Merchants Industry Nanjing Jinling has held a ship handover and naming ceremony for the first 9,200-capacity dual-fuel car carrier, BYD Shenzhen, built for China’s plug-in hybrid electric vehicle manufacturer BYD.

about 1 year ago
Port of Rotterdam and Vast looking into electrification of oil tankers
Business Developments & Projects

Port of Rotterdam and Vast looking into electrification of oil tankers

The Port of Rotterdam, one of Europe’s major energy hubs, has partnered with Brazilian Vast Infraestrutura, a Prumo Group company providing oil transshipment services, to study the electrification of oil tankers at berth globally.

about 1 year ago
An offshore platform
Business Developments & Projects

EnQuest expanding Southeast Asian footprint to Indonesia

London Stock Exchange-listed energy player EnQuest has won two production sharing contract (PSC) blocks in Indonesia’s West Papua province.

about 1 year ago
Germany: Onshore cable route preps begin for first energy link to UK
Business Developments & Projects

Germany: Onshore cable route preps begin for first energy link to UK

Siemens Energy has completed the piling works for the new converter station on the German side of what will be the first direct energy link between the UK and Germany. With converter stations on the Isle of Grain in Kent and Wilhelmshaven in northern Germany, the 725-kilometer NeuConnect interconnec

about 1 year ago
From sewage to marine fuel: Carbon neutral methanol facility opens at wastewater site
Business Developments & Projects

From sewage to marine fuel: Carbon neutral methanol facility opens at wastewater site

A German consortium consisting of the Institute for Micro Process Engineering and the Institute for Automation and Applied Informatics at the Karlsruhe Institute of Technology (KIT), the KIT spin-off ICODOS and the Waste Water Department of the City of Mannheim have began operation of a demonstratio

about 1 year ago
Additional $4 million funding boosts shore power at Port of Hueneme
Business Developments & Projects

Additional $4 million funding boosts shore power at Port of Hueneme

California’s Port of Hueneme has received an additional $4 million in funding to complete its shore power project on North Terminal, aiming to reduce vessel emissions and improve air quality.

about 1 year ago
FPSO Jotun; Source: Vår Energi
Business Developments & Projects

Vår Energi starts the year strong, setting course for ‘transformational growth’ in 2025

Norway’s oil and gas player Vår Energi has published the interim report for the first quarter of 2025, disclosing what it says are strong results in line with expectations.

about 1 year ago
the Surface Engineering & Tribology Laboratory at Oak Ridge National Laboratory.
Business Developments & Projects

TEAMER adds new testing facility for marine energy research

The Surface Engineering & Tribology Laboratory at Oak Ridge National Laboratory (ORNL) has joined the U.S. Testing Expertise and Access for Marine Energy Research (TEAMER) facility network, expanding developer access to specialized tribology testing for marine energy applications. According to TEAME

about 1 year ago
Rendering of a future LNG terminal
Business Developments & Projects

US firm taps compatriot tech player for Louisiana’s new LNG plant

Honeywell and Argent LNG have signed an agreement to assess the use of the former’s solutions at an LNG export terminal in Louisiana.

about 1 year ago
Sanfu Shipbuilding launches new multi-purpose vessel for German shipowner
Business Developments & Projects

Sanfu Shipbuilding launches new multi-purpose vessel for German shipowner

China’s Sanfu Shipbuilding has launched a 13,000 dwt multi-purpose vessel BBC Bremen for a shipowner BBC Chartering, owned by German-based Briese Schiffahrt Group.

about 1 year ago
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