Business Developments & Projects

EU should support entire chains, not just individual projects, in its drive toward climate neutrality
The European Union should support entire chains such as in the port industry and logistics instead of individual projects in order to drive carbon neutrality.

Nexans kicks off Moray West export cable pull-in work
Nexans has started the pull-in of the first of two export cables at the 882 MW Moray West offshore wind farm off the coast of Scotland. The offshore export cables were manufactured by Nexans at its factory in Halden under a contract signed with Ocean Winds in 2021. The Nexans Skaggerak and the Nexan

Viasea: New wind- and hydrogen-powered ships to gradually become 100% zero emission
The new wind- and hydrogen-powered containerships that will join Viasea Shipping’s fleet will be gradually switching to zero-emission operation depending on the hydrogen availability, the Norwegian shipping line said.

Misje Rederi’s 4th eco-friendly hybrid bulk carrier hits water
Norwegian shipowner Misje Rederi has celebrated the ceremonial launch of Misje Flora, its 4th eco-friendly hybrid bulk carrier, crafted at Colombo Dockyard in Sri Lanka. According to Misje Rederi, the launch, spearheaded by the company’s CEO Roald Misje, marks a bold move in blending conventional an

Two Boskalis vessels join Seacontractors fleet
The Netherlands-headquartered maritime service provider Seacontractors has expanded its fleet with the acquisition of two Boskalis’ anchor handling tugs (AHTs).

GKinetic Energy appoints former GE Hydro executive to its board
Irish hydrokinetic turbine developer GKinetic Energy has appointed Fergus Brady to its board as projects and partnerships development advisor.

Wintershall Dea enters second UK carbon capture and storage project
Carbon Catalyst has completed the farmout of a 10% interest in a carbon capture and storage (CCS) project in the UK North Sea to Wintershall Dea. Carbon Catalyst reported on November 14 that it had completed the farmout of a 10% working interest in the Poseidon carbon storage license located in the

MSC Cruises orders two new LNG-powered World Class ships at Chantiers de l’Atlantique
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has confirmed the order for two new LNG-powered cruise ships at French shipyard Chantiers de l’Atlantique. The ships belong to MSC Cruises’ World Class series, which includes the already-delivered MSC World Europa and MSC World Amer

N-Sea strengthens subsea activities with 60-meter-long vessel
Netherlands-headquartered N-Sea is strengthening its fleet and subsea activities with a 2012-built offshore support vessel. N-Sea Group entered into an agreement with Rederij Groen to long-term charter the Dutch-flagged vessel 4-WINDS. The company said that with the long-term charter, it was strengt

Odfjell bolsters fleet with six new eco tankers
Norwegian shipping company Odfjell SE has decided to expand its fleet with six newbuildings through a combination of long-term time charter and pool agreements.

Avenir LNG’s CEO steps down
UK-based small-scale LNG company Avenir LNG has informed that its chief executive officer, Peter Mackey, will be stepping down from his position. On November 13, Avenir LNG revealed this management change, explaining that Mackey will remain with the company until the end of the first quarter of 2024

European duo wins FEED contract for green NH3 terminal in Western Africa
Dutch ammonia contractor Proton Ventures and Belgian tank specialist Geldof have been awarded a front-end engineering design (FEED) contract for what is said to be the first green ammonia terminal in Western Africa. Proton Ventures said the project marks a significant step towards exporting green am

After OTEC and tidal, Shell sets sights on wave energy as well
Danish wave energy company Wavepiston has partnered up with Shell Technology – Marine Renewable Program to identify opportunities and potential avenues for collaboration on ocean energy developments.

Is the EU ready to take decisive steps towards slashing its methane footprint from imports?
The EU’s decision-makers are preparing to weigh in on whether to include a performance standard for methane emissions from imports.