Business Developments & Projects
Fincantieri launches LNG-powered Mein Schiff Relax
Italian shipbuilder Fincantieri has launched Mein Schiff Relax, the inaugural vessel of the inTUItion class, a series of two LNG dual-fuel cruise ships being built for TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises. The vessel, utilizing Liquid Natural Gas (LNG) and Marine G
Neste secures €1.96M investment aid for green hydrogen project at Porvoo refinery
Finnish oil refining and marketing company Neste has been granted an energy investment aid of €1.96 million for heat recovery from the green hydrogen production planned for the Porvoo refinery. According to Neste, the energy investment aid was awarded in November this year by the Ministry of Economi
Oceans of Energy on the move to bigger facility
Dutch offshore solar company Oceans of Energy has started scaling up its headquarters and construction facility to accommodate the growing needs for its offshore solar solution.
EC’s Projects of Common Interest list includes hydrogen for the first time
The European Commission (EC) has adopted the first list of Projects of Common Interest (PCI) and Projects of Mutual Interest (PMIs) that is fully in line with the European Green Deal. For the first time, hydrogen and electrolyzer projects are included in the list. The EC adopted the list containing
Dolphin Drilling rig wins North Sea gig
Offshore drilling contractor Dolphin Drilling has secured a long-term contract for one of its semi-submersible rigs in the UK with EnQuest.
Maersk sells stake in Höegh Autoliners
Danish industry major A.P. Møller – Maersk A/S has bid adieu to its stake in Höegh Autoliners ASA, selling the remaining 10.48% of the company’s shares. The deal, valued at a cool NOK 1,800 million, went down at NOK 90.00 per share, totaling a massive 20 million shares in the transaction. With the i
Five EU countries strengthen carbon capture and storage bonds with new declaration, paving the way for Europe’s CCUS market
Five countries have taken steps to build closer cooperation within the European Union on carbon capture and storage by signing a declaration.
Engine roar and ammonia tanks soar: Höegh Autoliners’ reveals construction progress on its inaugural Aurora PCTC
Norwegian RoRo shipping company Höegh Autoliners announced the arrival of the main engine for the first car carrier vessel of its Aurora Class newbuilds. The engine, produced in Ulsan, South Korea, has completed its journey to the China Merchants Heavy Industry shipyard in Jiangsu, China, setting th
Tankers International, Baltic Exchange team up to boost data sharing for VLCC fixture app
Tankers International, a London-based shipping pool for very large crude carriers (VLCCs), revealed it will be partnering with the Baltic Exchange to further enhance data sharing and the provision of market insights for its VLCC fixture app.
UK offshore wind and CCS colocation projects kick off
The Offshore Wind and Carbon Capture and Storage (CCS) Colocation Forum (the Forum), set up to provide strategic coordination of colocation research and activity on the nation’s seabed, has commissioned two research projects. The projects are designed to inform the best approach to test and demonstr
World’s largest cruise ship, Icon of the Seas, delivered to Royal Caribbean
Finnish shipbuilder Meyer Turku has delivered Icon of the Seas, believed to be the world’s largest and most advanced cruise ship to date, to the US-based cruise company Royal Caribbean International.
Axess lands deal with Norwegian oil & gas giant for work on North Sea platform
Axess Technologies has signed a caisson replacement contract with Equinor for a platform located in the Norwegian sector of the North Sea.
N-Sea picks UK firm to provide ‘world’s first DNV-approved’ cable repair equipment
N-Sea has handed out a contract to Osbit for the delivery of a suite of equipment to enable the repair and lay of offshore cables.
Strohm cheers DNV’s stamp of approval for its ‘game-changing’ deepwater TCP flowline
Strohm has tucked a new milestone under its belt with the receipt of DNV qualification for its deepwater TCP flowline.