Business Developments & Projects
New terminal at Immingham port to support import of green ammonia from Saudi’s NEOM
UK’s ports operator Associated British Ports (ABP) has launched a tender seeking a lead contractor or consortium to design and build a bulk liquid green energy terminal at the Port of Immingham. According to ABP, Immingham Green Energy Terminal (IGET) will be a multi-user bulk liquid green energy te
Grimaldi takes majority stake in Heraklion Port Authority
A consortium led by the Italian shipping company Grimaldi Group has acquired a majority stake in the Heraklion Port Authority (HPA S.A.). The Italian group, through a consortium with Grimaldi Euromed SpA and Minoan Lines S.A., signed a share purchase agreement earlier this morning. The company acqui
BP prolongs Noble jack-up rig’s assignment in North Sea
Noble Corporation has tucked a contract extension under its belt for one of its jack-up rigs with the UK-headquartered oil major, BP.
Scale Gas orders 12,500 cbm LNG bunkering vessel
Chinese shipbuilding mayor Nantong CIMC SOE has signed a contract for the construction of a 12,500 cbm LNG bunkering vessel with Enagás subsidiary Scale Gas. The vessel is set for delivery by 2026, the Clarksons Hellas Weekly Bulletin reports. The 12,500 cbm LNG bunkering vessel is designed to meet
Viking Link: World’s largest interconnector days away from being put into operation
Energinet is getting ready to bring the Viking Link, which is said to be the world’s longest electricity interconnector, online by the end of the year.
Two legal challenges loom over UK’s giant undeveloped oil field
Legal trouble brews on the horizon for the UK government and one of the largest undeveloped oil fields in the UK over climate concerns.
Shell greenlights drilling program for 2024 and wraps up survey work in North Sea
Shell has greenlighted its planned two-well drilling campaign in 2024 while site survey works in the North Sea have been finished.
Meyer Werft lays keel for LNG-powered ASUKA III
German shipbuilder Meyer Werft has held a traditional keel-laying ceremony for the LNG-powered ASUKA III cruise ship, being built for NYK Cruises, a subsidiary of Japanese shipping company NYK. The event took place at the Meyer Werft shipyard in Papenburg, Germany, on December 12. The ceremony saw t
Maersk, MSC and other liner majors suspend Red Sea runs amid escalating attacks
Leading liner companies, including industry giants Maersk, MSC, CMA CGM, HMM, and OOCL, have suspended trading on their Red Sea trade routes. This decision comes in response to a series of targeted attacks on merchant ships operating in the region, raising alarms within the global shipping community
Dutch government takes part in PosHYdon offshore hydrogen project
The Dutch government, through Energie Beheer Nederland (EBN), has joined the PosHYdon project, the world’s first pilot which aims to produce green hydrogen on an operational gas platform in the North Sea. The project, which will integrate three offshore energy systems – offshore wind, offshore gas,
Everfuel-Hy24 JV inks final agreement on increased Danish PtX tender award
A joint venture formed by Denmark-based green hydrogen company Everfuel and Hy24, a manager of the world’s largest clean hydrogen infrastructure fund, has signed the final agreement with the Danish government on an increased award in the country’s first Power-to-X (PtX) tender. On November 17, the D
Asso.subsea completes Fécamp inter-array cable work offshore France
Asso.subsea has completed the inter-array cable installation and protection operations for the 500 MW Fécamp wind farm offshore Normandy, France. Asso.subsea was contracted by Italy-headquartered Prysmian Group to execute the seabed preparation, installation, and protection works, involving four dif
Alexandroupolis FSRU arrives in Greece after almost 10-month conversion at Seatrium
Gastrade’s floating storage regasification unit (FSRU) Alexandroupolis, former 2010-built LNG carrier GasLog Chelsea, has arrived in Greece after completing an almost 10-month conversion at Seatrium shipyard in Singapore. The FSRU, which entered Keppel Shipyard in Singapore in early February 2023 fo
Remontowa to build hybrid ferry for Torghatten Nord
Polish shipbuilder Remontowa Shipbuilding S.A. has signed a contract to construct a hybrid-powered passenger-car ferry for Torghatten Nord AS, one of the largest ferry operators in Norway. The ferry will be fitted with two azimuth thrusters with vertically mounted electric motors powered by batterie